2023
Flag  
GDP
$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH
18.9%CURRENT US$
Rnk 143 / 195
2023
Flag
 GDP
$49.3BCURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP GROWTH
46.1%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC 
$33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH
14.7%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC
$1,737CURRENT US$
Rnk 161 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 133 / 195

About

Spain-Cameroon Trade: In 2023, Spain exported $108M to Cameroon. The main products that Spain exported to Cameroon were Cement ($12.6M), Fruit Juice ($5.81M), and Cereal Meal and Pellets ($5.61M). Over the past 5 years the exports of Spain to Cameroon have decreased at an annualized rate of 7.34%, from $159M in 2018 to $108M in 2023.

In 2023, Spain did not export any services to Cameroon.

Cameroon-Spain Trade: In 2023, Cameroon exported $232M to Spain. The main products that Cameroon exported to Spain were Petroleum Gas ($123M), Sawn Wood ($31.8M), and Cocoa Beans ($22.4M). Over the past 5 years the exports of Cameroon to Spain have decreased at an annualized rate of 3.36%,  from $294M in 2018 to $232M in 2023.

In 2023, Cameroon did not export any services to Spain.

Comparison: In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B). That same year, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $108M to Cameroon. The main products exported from Spain to Cameroon were Cement ($12.6M), Fruit Juice ($5.81M), and Cereal Meal and Pellets ($5.61M). During the last 5 years the exports of Spain to Cameroon have decreased at an annualized rate of 7.34%, from $159M in 2018 to $108M in 2023.

In 2018, Cameroon exported $232M to Spain. The main products exported from Cameroon to Spain were Petroleum Gas ($123M), Sawn Wood ($31.8M), and Cocoa Beans ($22.4M). During the last 5 years the exports of Cameroon to Spain have decreased at an annualized rate of 3.36%, from $294M in 2023 to $232M in 2018.

Exports from Spain (Flag) to Cameroon (Flag) (2023)

Exports from Cameroon (Flag) to Spain (Flag) (2023)

Market Competitiveness

Color
Spain
Top Destination
France$61.9B
Cameroon
Top Destination
Netherlands$1.44B

This map shows whether countries import more from Spain or Cameroon. Each country is colored based on the difference in imports they receive from Spain and Cameroon or the difference in the growth in imports.

In 2023, countries that imported more from Spain than Cameroon included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

In 2023, countries that imported more from Cameroon than Spain included Central African Republic ($115M) and Uganda ($72.7M).

Difference in imports from Cameroon (Flag) and Spain (Flag) (2023)

Comparative Advantage Spain - Cameroon

Flow
Scale

This chart compares trade between Spain and Cameroon by product, considering products traded by both, Spain and Cameroon.

During 2023, Spain had a large net trade with Cameroon in the exports of Mineral Products ($20.6M), Machines ($16.8M), and Foodstuffs ($13M).

During 2018, Cameroon had a large net trade with Spain in the exports of Mineral Products ($123M), Wood Products ($37.6M), and Foodstuffs ($36.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Cameroon+$10.1MRefined Petroleum
Top Product Potential Cameroon Spain+$198MCrude Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Spain and Cameroon. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Cameroon. Similarly, a dot/product with the flag of Cameroon indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Cameroon (Flag) (2023)

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