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Friday, 23 September 2016
Ghana Shea butter export reaches US$64 million
Export earnings from shea butter products last year reached US$64 million, up from US$52 million in 2014, a 23 percent growth over the previous year, according to the latest figures from the Ghana Export Promotion Authority (GEPA).
In 2014, the sector recorded a growth rate of about 100 percent in export earnings when it increased from US$26 million in 2013 to US$52million in 2014. In the past five years, shea has been part of the top ten leading Non-Traditional export products from the country.
Within the agriculture sub-sector for instance, shea nuts was the second highest export earner with US$34 million in 2015 behind cashew nuts.
Despite the importance of shea to the country exports, many shea tree growing communities in the Upper East Region still believe that it is a taboo to plant the cash tree.
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