Cameroon (CMR) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Cameroon-Italy Trade: In 2022, Cameroon exported $333M to Italy. The main products that Cameroon exported to Italy were Crude Petroleum ($247M), Sawn Wood ($34M), and Veneer Sheets ($20.3M). Over the past 5 years the exports of Cameroon to Italy have decreased at an annualized rate of 5.84%, from $449M in 2017 to $333M in 2022.

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

Italy-Cameroon Trade: In 2022, Italy exported $153M to Cameroon. The main products that Italy exported to Cameroon were Iron Structures ($17.1M), Industrial Food Preperation Machinery ($11M), and Unglazed Ceramics ($6.33M). Over the past 5 years the exports of Italy to Cameroon have decreased at an annualized rate of 0.38%, from $156M in 2017 to $153M in 2022.

In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cameroon exported $333M to Italy. The main products exported from Cameroon to Italy were Crude Petroleum ($247M), Sawn Wood ($34M), and Veneer Sheets ($20.3M). During the last 5 years the exports of Cameroon to Italy have decreased at an annualized rate of 5.84%, from $449M in 2017 to $333M in 2022.

In 2017, Italy exported $153M to Cameroon. The main products exported from Italy to Cameroon were Iron Structures ($17.1M), Industrial Food Preperation Machinery ($11M), and Unglazed Ceramics ($6.33M). During the last 5 years the exports of Italy to Cameroon have decreased at an annualized rate of 0.38%, from $156M in 2022 to $153M in 2017.

Exports from Cameroon () to Italy () (2022)

Exports from Italy () to Cameroon () (2022)

Latest Data

Trade between Cameroon () and Italy ()

Cameroon Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cameroon
Top DestinationNetherlands$1.31B

Italy
Top DestinationGermany$78.5B

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

In 2022, countries that imported more from Cameroon than Italy included Central African Republic ($243M).

In 2022, countries that imported more from Italy than Cameroon included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Cameroon () (2022)

Comparative Advantage Cameroon - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cameroon had a large net trade with Italy in the exports of Mineral Products ($247M), Wood Products ($55.6M), and Metals ($16.3M).

During 2017, Italy had a large net trade with Cameroon in the exports of Machines ($56.6M), Metals ($28.8M), and Plastics and Rubbers ($10.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cameroon Italy+$143MCrude Petroleum

Top Product Potential Italy Cameroon+$4.46MRefined 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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cameroon () to Italy () (2022)

Exports from Italy () to Cameroon () (2022)

Latest Data

Trade between Cameroon () and Italy ()

Cameroon Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Cameroon () (2022)

Comparative Advantage Cameroon - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cameroon () and Italy () (2022)

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