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2022
Flag → Flag
Exports $226MRnk 91 / 220
2022
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Top Product $163MRefined Petroleum
2022
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Exports $143MRnk 12 / 126
2022
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Top Product $141MPetroleum Gas
2022
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Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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Economic Complexity (ECI) ECI -1.28Rnk 113 / 124
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
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GDP GROWTH47%CURRENT US$
Rnk 70 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$1,588CURRENT US$
Rnk 156 / 186
2012-2022
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GDP PC GROWTH10.8%CURRENT US$
Rnk 113 / 186

About

South Korea-Cameroon In 2022, South Korea exported $226M to Cameroon. The main products that South Korea exported to Cameroon are Refined Petroleum ($163M), Packaged Medicaments ($12.8M), and Vaccines, blood, antisera, toxins and cultures ($9.85M). During the last 27 years the exports of South Korea to Cameroon have increased at an annualized rate of 11.3%, from $12.4M in 1995 to $226M in 2022.

In 2022, South Korea did not export any services to Cameroon.

Cameroon-South Korea In 2022, Cameroon exported $143M to South Korea. The main products that Cameroon exported to South Korea were Petroleum Gas ($141M), Computers ($967k), and Scrap Copper ($537k). During the last 27 years the exports of Cameroon to South Korea have increased at an annualized rate of 4.19%, from $47.3M in 1995 to $143M in 2022.

In 2022, Cameroon did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B). That same year, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.28), and 117 in total exports ($6.95B).

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $3.35M and imported $354k from Cameroon, resulting in a positive trade balance of $2.99M. Between February 2023 and February 2024 the exports of South Korea have increased by $1.64M (95.6%) from $1.71M to $3.35M, while imports increased by $239k (208%) from $115k to $354k.

Trade In February 2024, the top exports of South Korea to Cameroon were Mineral fuels, mineral oils and products... ($29.2M), Plastics & articles thereof ($780k), Pharmaceutical products ($351k), Man-made staple fibres ($205k), and Machinery, mechanical appliances, & parts ($172k). In February 2024 the top imports of South Korea from Cameroon were Copper articles ($285k), Cars, tractors, trucks & parts thereof. ($5k), Electrical machinery and electronics ($2k), Furniture, bedding, lamps, & prefab buildings ($1k), and Fish, crustaceans, & molluscs ($0).

Growth In February 2024, the increase in South Korea's year-by-year exports to Cameroon was explained primarily by an increase in product exports in Machinery, mechanical appliances, & parts ($102k or 146%), Man-made staple fibres ($77k or 60.2%), and Optical, photo, & film equipment; medical... ($30k or 750%). In February 2024, the increase in South Korea's year-by-year imports  from Cameroon was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$1.64M(95.6%)
IMPORT GROWTH (February 2023 - February 2024)$239k(208%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Cameroon and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $226M to Cameroon. The main products exported from South Korea to Cameroon were Refined Petroleum ($163M), Packaged Medicaments ($12.8M), and Vaccines, blood, antisera, toxins and cultures ($9.85M). During the last 27 years the exports of South Korea to Cameroon have increased at an annualized rate of 11.3%, from $12.4M in 1995 to $226M in 2022.

In 2022, Cameroon exported $143M to South Korea. The main products exported from Cameroon to South Korea were Petroleum Gas ($141M), Computers ($967k), and Scrap Copper ($537k). During the last 27 years the exports of Cameroon to South Korea have increased at an annualized rate of 4.19%, from $47.3M in 1995 to $143M in 2022.

Exports from South Korea (Flag) to Cameroon (Flag) (2022)

Exports from Cameroon (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Cameroon
Top DestinationNetherlands$1.31B

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

In 2021, countries that imported more from South Korea than Cameroon were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2021, countries that imported more from Cameroon than South Korea were Central African Republic ($243M).

Difference in imports from Cameroon (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Cameroon

Flow
Scale

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

During 2022, South Korea had a large net trade with Cameroon in the exports of Mineral Products ($163M), Chemical Products ($27.5M), and Plastics and Rubbers ($24.3M).

During 2022, Cameroon had a large net trade with South Korea in the exports of Mineral Products ($141M), Machines ($1.12M), and Metals ($538k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Cameroon. Similarly, the more yellow a dot/product is, the more Cameroon has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Cameroon (Flag) (2022)

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