Cameroon

Cameroon ranked No. 98 in total trade value through May with a total of $346.13 million. Exports totaled $87.04 million and Imports totaled $259.09 million, a deficit of $172.05 million.

U.S. trade with Cameroon rose to $295.85 million through May

Cameroon’s trade with the United States rose to $295.85 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 145.2 percent above its total trade during the same time period last year. U.S. exports to Cameroon increased 54.49 percent while U.S. imports from Cameroon rose 212.19 percent. The U.S. deficit with Cameroon was $137.47 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Philadelphia; No. 2 Port of Newark; No. 3 Port of Houston; No. 4 Brownsville International Bridges; and No. 5 Miami Int’l Airport. During the same period the previous year, the top five were No. 1 Port of Houston; No. 2 Port of New York; No. 3 Port of Texas City, Texas; No. 4 Port of Newark and No. 5 Port of Savannah, Ga.. In the current time period, the top five accounted for 89.96 percent of Cameroon’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Philadelphia rose 13928 percent to $146.77 million.
    There were no exports. Imports rose 13928 percent to $146.77 million.
  • Trade with No. 2 Port of Newark rose 576.67 percent to $74.92 million.
    Exports fell 63.4 percent to $436,087. Imports rose 653.85 percent to $74.49 million.
  • Trade with No. 3 Port of Houston fell 17.39 percent to $36.96 million.
    Exports rose 2.46 percent to $35.92 million. Imports fell 89.2 percent to $1.05 million.
  • Trade with No. 4 Brownsville International Bridges rose 353418 percent to $31 million.
    Exports totaled $31 million. There were no imports.
  • Trade with No. 5 Miami Int’l Airport rose 1129.87 percent to $21.73 million.
    Exports rose 19.27 percent to $713,838. Imports rose 1698.76 percent to $21.02 million.

Cameroon ranked No. 98 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 116.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Cameroon by value through May were the categories of Floating or submersible docks, platforms; Electric generating sets, rotary converters; Plastic tubes, hoses and fittings; Plastics; and Passenger vehicles, respectively. They accounted for 57.04 percent of total exports to Cameroon.

The value of the top five categories of U.S. imports from Cameroon –– Oil; Gold; Cocoa Paste, Defatted or Not 1803; Wood, sawed or chipped, greater than 6 meters thic; and Rubber –– accounted for 98.28 percent of all inbound shipments.

Looking more closely at U.S. exports to Cameroon:

  • Floating or submersible docks, platforms totaled $31 million. The previous year, there were no exports in this category.
  • Electric generating sets, rotary converters rose 42233 percent compared to last year to $7.64 million.
  • Plastic tubes, hoses and fittings rose 358.18 percent compared to last year to $4.77 million.
  • Plastics rose 74.22 percent compared to last year to $3.54 million.
  • Passenger vehicles rose 26.35 percent compared to last year to $2.69 million.

Looking more closely at U.S. imports from Cameroon:

  • Oil rose 2498.84 percent compared to last year to $209.69 million.
  • Gold totaled $21 million. The previous year, there were no imports in this category.
  • Cocoa Paste, Defatted or Not 1803 rose 26.48 percent compared to last year to $9.5 million.
  • Wood, sawed or chipped, greater than 6 meters thic fell 30.53 percent compared to last year to $8.46 million.
  • Rubber rose 41.33 percent compared to last year to $5.98 million.

In the latest annual figures available, Cameroon recorded $531.05 million in trade with the United States. Total U.S. exports to Cameroon were $ 200.43 million and imports from Cameroon were $330.63 million. The U.S. deficit with Cameroon was $130.2 million.