Country intelligence · CMR · 2024

Cameroon trade profile

In 2024, Cameroon recorded $7.8B in merchandise exports and $9.7B in imports, producing a $1.9B trade deficit. Exports changed +19.7% from the previous year, while imports changed +2.3%.[1]

Exports

$7.8B

+19.7%

Imports

$9.7B

+2.3%

Trade balance

-$1.9B

deficit

Active partners

270

32 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$7.8B$9.7B-$1.9B+19.7%
2023$6.5B$9.5B-$3.0B-6.7%
2022$7.0B$9.2B-$2.2B+34.3%
2021$5.2B$8.4B-$3.2B+30.6%
2020$4.0B$7.4B-$3.5B-22.8%
2019$5.2B$7.2B-$2.1B+11.5%
2018$4.6B$6.7B-$2.1B+13.6%
2017$4.1B$5.8B-$1.7B+19.3%
2016$3.4B$5.5B-$2.1B-26.7%
2015$4.7B$6.3B-$1.7B-15.2%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

38 active HS6 lines · 77 export partners

$3.5B
2

HS 18 · HS chapter

11 active HS6 lines · 56 export partners

$1.3B
3

HS 71 · Precious metals and stones

32 active HS6 lines · 43 export partners

$1.1B
4

HS 44 · HS chapter

100 active HS6 lines · 110 export partners

$751.7M
5

HS 52 · HS chapter

73 active HS6 lines · 30 export partners

$264.1M
6

HS 08 · HS chapter

64 active HS6 lines · 42 export partners

$124.1M
7

HS 76 · HS chapter

34 active HS6 lines · 42 export partners

$107.6M
8

HS 40 · HS chapter

80 active HS6 lines · 70 export partners

$71.2M

Leading export markets

Destinations rank bilateral export flows from Cameroon; growth describes each corridor rather than the whole economy.

1

Netherlands

Annual change +15.5% · 3-year CAGR 25.7%

$1.2B
2

United Arab Emirates

Annual change +5.6% · 3-year CAGR 51.0%

$910.1M
3

China

Annual change +63.9% · 3-year CAGR -18.9%

$705.2M
4

India

Annual change +15.0% · 3-year CAGR 11.7%

$606.6M
5

France

Annual change -20.8% · 3-year CAGR 44.6%

$593.8M
6

Malaysia

Annual change +137.7% · 3-year CAGR 71.4%

$419.3M
7

Germany

Annual change +23.7% · 3-year CAGR 72.7%

$378.5M
8

Italy

Annual change +72.5% · 3-year CAGR 3.9%

$357.8M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.