What are the major imports and exports of Cameroon?
Economy of Cameroon
| Statistics | |
|---|---|
| Exports | $4.732 billion (2017 est.) |
| Export goods | crude oil and petroleum products, lumber, cocoa beans, aluminium, coffee, cotton |
| Main export partners | Netherlands 15.6% France 12.6% China 11.7% Belgium 6.8% Italy 6.3% Algeria 4.8% Malaysia 4.4% (2017) |
| Imports | $4.812 billion (2017 est.) |
What does Cameroon import most?
Imports: The top imports of Cameroon are Crude Petroleum ($347M), Scrap Vessels ($332M), Rice ($323M), Special Purpose Ships ($216M), and Packaged Medicaments ($169M), importing mostly from China ($1.68B), Nigeria ($889M), France ($567M), Belgium ($334M), and Thailand ($237M).
What goods are imported to Cameroon?
Cameroon’s main imports are cereals, fish and capital equipment. Cameroon’s main import partners are China and France with 17 percent of imports each. Others include: Nigeria, Belgium, Italy and United States.
What food does Cameroon import?
Cameroon – Food imports as a share of merchandise imports Food comprises the commodities in SITC sections 0 (food and live animals), 1 (beverages and tobacco), and 4 (animal and vegetable oils and fats) and SITC division 22 (oil seeds, oil nuts, and oil kernels).
What is Cameroon largest export?
Cameroon’s primary export crops are cocoa, cotton, coffee, bananas, rubber and palm oil (FAO, 14.07. 2006). The country’s main export partner is the European Union.
What countries do Cameroon export to?
In 2017, Cameroon major trading partner countries for exports were Italy, China, France, Netherlands and Spain and for imports they were China, France, Thailand, Togo and Nigeria.
What is the capital of Cameroon?
Yaoundé
Cameroon/Capitals
Yaoundé, also spelled Yaunde, city and capital of Cameroon. It is situated on a hilly, forested plateau between the Nyong and Sanaga rivers in the south-central part of the country. Yaoundé, Camer.
What are the major industries in Cameroon?
The country’s main industries are food processing, sawmill, the manufacture of light consumer goods and textiles. The tertiary sector accounts for 51.5% of the GDP and employs 42% of the active population. It benefits from the economic activity created around large-scale energy projects.
What fruits grow in Cameroon?
Citrus fruits are highly popular in Cameroon. Fruits like oranges, tangerines, grapes, lemons and limes commonly found in Markets and roadside. Citrus fruits are very rich in vitamin C, protect against heart diseases and reduces cholesterol. There grow on a large scale in the West and Littoral regions.
What kind of products does Cameroon export to other countries?
Exports by Country | Exports by Category | Imports by Country | Imports by Category. Agriculture products and oil are predominant in Cameroon’s exports sheet. Petroleum accounts for more than 50 percent of the country’s total exports. Others include: natural gas, cocoa beans, coffee, cotton, aluminium and gold.
What kind of economy did Cameroon have before independence?
Economy of Cameroon. For a quarter of a century following independence, Cameroon was one of the most prosperous countries in Africa. The drop in commodity prices for its principal exports — petroleum, cocoa, coffee, and cotton — in the mid-1980s, combined with an overvalued currency and economic mismanagement,…
Who are the main trading partners of Cameroon?
France is Cameroon’s main trading partner and source of private investment and foreign aid. Cameroon has an investment guaranty agreement and a bilateral accord with the United States. USA investment in Cameroon is about $1 million, most of it in the oil sector.
What does the barchart show about Cameroon exports?
The barchart show only products that Cameroon is not specialized in. The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports.