Trade Trend

In 2023, Cameroon's total export value is 5.61Billion USD, total import value is 8.08Billion USD, Deficit is -2.46Billion USD, and foreign trade dependency is 0.286. In 2023，Cameroon's top export products are Petroleum oils and oils obtained from bituminous minerals; crude(2.25Billion USD), Petroleum gases and other gaseous hydrocarbons(1.12Billion USD), Cocoa beans; whole or broken, raw or roasted(648.23Million USD), top export destinations are Netherlands(1.23Billion USD), France(989.81Million USD), India(630.70Million USD). In 2023, Cameroon's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(253.07Million USD), Wheat and meslin(240.76Million USD), Rice(229.62Million USD), top import origins are China(3.71Billion USD), France(615.24Million USD), India(478.94Million USD).

Comparing to 2022, Cameroon's total export value decreased -1.39Billion USD(-19.81%) in 2023, this could result from its export decreases of products such as Petroleum oils and oils obtained from bituminous minerals; crude(-636.75Million USD or -22.08%), Petroleum gases and other gaseous hydrocarbons(-630.58Million USD or -35.99%), Cotton; not carded or combed(-69.35Million USD or -64.43%) and export decreases to countries/economics such as Spain(-474.45Million USD or -68.86%), India(-358.37Million USD or -36.23%), Netherlands(-313.68Million USD or -20.31%). Comparing to 2022, Cameroon's total import value increased 249.08Million USD(3.18%) in 2023, this could result from its import increases of products such as Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obtained from bituminous minerals(71.35Million USD or 275.94%), Cane or beet sugar and chemically pure sucrose, in solid form(51.58Million USD or 47.28%), Footwear; with outer soles and uppers of rubber or plastics (excluding waterproof footwear)(45.83Million USD or 37.50%), and its import increases from countries/economies such as China(642.73Million USD or 20.93%), Australia(112.20Million USD or 19.39Thousands%), Indonesia(79.17Million USD or 143.13%).