2022
Flag  
GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
 GDP
$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 140 / 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
$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH
3.21%CURRENT US$
Rnk 134 / 186

About

Cameroon-Azerbaijan Trade: In 2022, Cameroon exported $36.6k to Azerbaijan. The main products that Cameroon exported to Azerbaijan were Sawn Wood ($35.4k), Electrical Power Accessories ($876), and Excavation Machinery ($261). Over the past 5 years the exports of Cameroon to Azerbaijan have decreased at an annualized rate of 11.5%, from $67.4k in 2017 to $36.6k in 2022.

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

Azerbaijan-Cameroon Trade: In 2022, Azerbaijan exported $32.4k to Cameroon. The main products that Azerbaijan exported to Cameroon were N/A. Over the past 5 years the exports of Azerbaijan to Cameroon have increased at an annualized rate of 81.5%,  from $1.64k in 2017 to $32.4k in 2022.

In 2022, Azerbaijan 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, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cameroon exported $36.6k to Azerbaijan. The main products exported from Cameroon to Azerbaijan were Sawn Wood ($35.4k), Electrical Power Accessories ($876), and Excavation Machinery ($261). During the last 5 years the exports of Cameroon to Azerbaijan have decreased at an annualized rate of 11.5%, from $67.4k in 2017 to $36.6k in 2022.

In 2016, Azerbaijan exported $32.4k to Cameroon. There were not main exports from Azerbaijan to Cameroon in 2016. During the last 5 years the exports of Azerbaijan to Cameroon have increased at an annualized rate of 81.5%, from $1.64k in 2021 to $32.4k in 2016.

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

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

Latest Data

Trade between Cameroon (Flag) and Azerbaijan (Flag)

Cameroon Exports

Date

Azerbaijan Exports

Market Competitiveness

Color
Cameroon
Top Destination
Netherlands$1.31B
Azerbaijan
Top Destination
Italy$18.3B

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

In 2022, countries that imported more from Cameroon than Azerbaijan included Netherlands ($1.31B), France ($1.02B), and China ($571M).

In 2022, countries that imported more from Azerbaijan than Cameroon included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Cameroon - Azerbaijan

Flow
Scale

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

During 2022, Cameroon had a large net trade with Azerbaijan in the exports of Wood Products ($35.4k), Machines ($1.14k), and Vegetable Products ($53).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cameroon Azerbaijan+$144kSawn Wood
Top Product Potential Azerbaijan Cameroon+$3.14kRefined 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 Cameroon and Azerbaijan. This means that a dot/product with the flag of Cameroon indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Cameroon.

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

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