Cameroon

Cameroon ranked No. 95 in total trade value through April with a total of $295.85 million. Exports totaled $79.19 million and Imports totaled $216.66 million, a deficit of $137.47 million.

U.S. trade with Cameroon rose to $262.62 million through March

Cameroon’s trade with the United States rose to $262.62 million through the first three months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 231.83 percent above its total trade during the same time period last year. U.S. exports to Cameroon increased 89.32 percent while U.S. imports from Cameroon rose 364.41 percent. The U.S. deficit with Cameroon was $118.19 million.

Through March, 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 Brownsville International Bridges; No. 4 Port of Houston; 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 Newark No. 4 Port of Savannah, Ga. and No. 5 Los Angeles International Airport. In the current time period, the top five accounted for 91.66 percent of Cameroon’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Philadelphia rose 16164 percent to $115.24 million.
    There were no exports. Imports rose 16164 percent to $115.24 million.
  • Trade with No. 2 Port of Newark rose 525.94 percent to $44.94 million.
    Exports fell 9.98 percent to $196,547. Imports rose 542.76 percent to $44.74 million.
  • Trade with No. 3 Brownsville International Bridges rose 353418 percent to $31 million.
    Exports totaled $31 million. There were no imports.
  • Trade with No. 4 Port of Houston rose 9.98 percent to $27.94 million.
    Exports rose 13.75 percent to $27.74 million. Imports fell 80.68 percent to $196,052.
  • Trade with No. 5 Miami Int’l Airport rose 1321.3 percent to $21.59 million.
    Exports rose 64.03 percent to $584,742. Imports rose 1706.87 percent to $21 million.

Cameroon ranked No. 94 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 133.

Meanwhile, total U.S. trade with the world increased to $964.77 billion, down 4.16 percent compared to the same period last year. The nation’s exports dropped 3.07 percent to $395.69 billion; imports dropped 4.91 percent to $569.09 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $173.4 billion, down compared to the same period of last year when the deficit was $190.25 billion.

The top five U.S. exports to Cameroon by value through March 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 65.77 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 98.57 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 totaled $7.64 million. The previous year, there were no exports in this category.
  • Plastic tubes, hoses and fittings rose 365.22 percent compared to last year to $4.77 million.
  • Plastics rose 61.12 percent compared to last year to $2.06 million.
  • Passenger vehicles rose 101.69 percent compared to last year to $2.03 million.

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

  • Oil totaled $151.82 million. The previous year, there were no imports in this category.
  • Gold totaled $21 million. The previous year, there were no imports in this category.
  • Cocoa Paste, Defatted or Not 1803 rose 24.04 percent compared to last year to $6.71 million.
  • Wood, sawed or chipped, greater than 6 meters thic fell 26.06 percent compared to last year to $4.77 million.
  • Rubber rose 7.2 percent compared to last year to $3.39 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.