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Ghana loses 120 thousand metric tons of cocoa to smuggling in 2022-2023

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The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahene Aidoo, has revealed that Ghana lost an alarming 120,000 metric tons of cocoa beans to smuggling between 2022 and 2023.

 This significant loss poses a major threat to Ghana’s cocoa industry, a vital sector of the national economy.

The smuggling of cocoa beans, a long-standing issue in Ghana, appears to have worsened in recent years, driven largely by favourable prices in neighbouring countries.

 Speaking at a media briefing in Accra, Mr Aidoo expressed deep concern over the growing trend of cocoa smuggling, lamenting that despite concerted efforts by COCOBOD and other governmental agencies, little progress has been made in curbing the illicit trade.

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SOURCE: Citionline

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