2022
Flag  
GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Cameroon-Armenia Trade: In 2022, Cameroon exported $301k to Armenia. The main products that Cameroon exported to Armenia were Coffee ($275k), Veneer Sheets ($14.7k), and Video Displays ($6.58k). Over the past 5 years the exports of Cameroon to Armenia have increased at an annualized rate of 33.8%, from $70.4k in 2017 to $301k in 2022.

In 2022, Cameroon did not export any services to Armenia.

Armenia-Cameroon Trade: In 2022, Armenia exported $1.46k to Cameroon. The main products that Armenia exported to Cameroon were N/A. Over the past 5 years the exports of Armenia to Cameroon have decreased at an annualized rate of 39.2%,  from $47.4k in 2017 to $1.46k in 2022.

In 2022, Armenia did not export any services to Cameroon.

Comparison: In 2022,  Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cameroon exported $301k to Armenia. The main products exported from Cameroon to Armenia were Coffee ($275k), Veneer Sheets ($14.7k), and Video Displays ($6.58k). During the last 5 years the exports of Cameroon to Armenia have increased at an annualized rate of 33.8%, from $70.4k in 2017 to $301k in 2022.

In 2016, Armenia exported $1.46k to Cameroon. There were not main exports from Armenia to Cameroon in 2016. During the last 5 years the exports of Armenia to Cameroon have decreased at an annualized rate of 39.2%, from $47.4k in 2021 to $1.46k in 2016.

Exports from Cameroon (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Cameroon (Flag) (2022)

Latest Data

Trade between Cameroon (Flag) and Armenia (Flag)

Armenia Exports

Market Competitiveness

Color
Cameroon
Top Destination
Netherlands$1.31B
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Cameroon than Armenia included Netherlands ($1.31B), France ($1.02B), and India ($974M).

In 2022, countries that imported more from Armenia than Cameroon included Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

Difference in imports from Armenia (Flag) and Cameroon (Flag) (2022)

Comparative Advantage Cameroon - Armenia

Flow
Scale

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

During 2022, Cameroon had a large net trade with Armenia in the exports of Vegetable Products ($276k), Wood Products ($14.7k), and Machines ($6.58k).

During 2016, Armenia had a large net trade with Cameroon in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cameroon Armenia+$81.6kCoffee
Top Product Potential Armenia Cameroon+$2.14kTelephones

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 Cameroon and Armenia. This means that a dot/product with the flag of Cameroon indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Cameroon.

Product Space of Cameroon (Flag) and Armenia (Flag) (2022)

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