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27-10-2023
The Republic of Cameroon is a Central African country on the west coast of the African continent.
Exports
In 2022, Cameroon exported $6.25 billion worth of products to the world. This figure represents a 44.7% increase in exports compared to $4.3 billion in 2021.
Cameroon's five main exports are crude oil, LPG, cocoa beans, sawn timber and bananas (including plantains). Together, these five major Cameroonian exports account for 81.9% of the country's export sales.
Cameroon's top 10 exports
1. fossil fuels including petroleum: $3.9 billion (62.5% of total exports)
2. Cocoa: $735 million (11.8%)
3. Wood: $701.9 million (11.2%)
4. Fruits, nuts: $279.1 million (4.5%)
5. aluminum: $97.8 million (1.6%)
6. machinery including computers: $95.5 million (1.5%)
7. Rubber, rubber products: $88.6 million (1.4%)
8. Cotton: $46.5 million (0.7%)
9. Coffee, tea, spices: US$31.1 million (0.5%)
10. Copper: $19.7 million (0.3%)
Copper is the fastest growing of the top ten export categories, growing 454.3% from 2021 to 2022. The second highest growth in export sales was in the fruit and nut products category, which grew by 425.6%. Cameroon's machinery shipments, including computers, ranked third in terms of growth, up 228.5 percent.
The only decline in Cameroon's top 10 export categories was cotton, down -82% year-on-year.
More detailed HTS codes show that Cameroon's ten most valuable exports are crude oil (35.5% of the country's total revenues), petroleum gas (26.2%), cocoa beans (8%), sawn timber (7.8%), bananas including plantain (4.4%), logs (2.2%), cocoa butter, fats, and oils (1.9%), cocoa paste (1.8%), unwrought aluminum (1.5%), and natural rubber (1.5%). 1.5%) and natural rubber (1.3%).
Cameroon's main trading partners
The latest Tendata iTrader data shows that Cameroon's exports are mainly purchased by importers from the following countries: mainland China (25.8% of Cameroon's total), the Netherlands (12.4%), India (9.6%), Italy (7.1%), Spain (6.1%), Bangladesh (4%), Chad (3.8%), Belgium (3.6%), France (3%), the United States (2.6%), Vietnam (2.2%) and South Korea (2%). 3.6%), France (3%), the United States (2.6%), Viet Nam (2.2%), and South Korea (2.1%).
Imports
Top 10 Imported Products from Cameroon
1.Mineral fuels, oils, distillation products (18%)
2.Cereals (10%)
3.Machinery, nuclear reactors, boilers (7.8%)
4.Vehicles other than railway, tramway (6.4%)
5. Iron and steel (5.6%)
6. Pharmaceutical products (4.9%)
7. Electrical, electronic equipment (4.4%)
8.Plastics (3.7%)
9.Fish, crustaceans, molluscs, aquatics invertebrates (3.5%)
10. salt, sulphur, earth, stone, plaster, lime and cement (3.4%)
Cameroon's main sources of imports
The latest Tendata iTrader data shows that Cameroon imports are mainly purchased from exporters in the following countries:
1. China (17%)
2. France (9%)
3. India (7.3%)
4. Russia (6.9%)
5.Belgium (3.9%)
6.Turkey (3.5%)
7. Germany (3.1%)
8. United States (2.9%)
9. Netherlands (2.8%)
10. Ukraine (2.1%)
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