Cameroon (CMR) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Cameroon-South Korea Trade: 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). Over the past 5 years the exports of Cameroon to South Korea have increased at an annualized rate of 21.9%, from $53.2M in 2017 to $143M in 2022.

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

South Korea-Cameroon Trade: In 2022, South Korea exported $226M to Cameroon. The main products that South Korea exported to Cameroon were Refined Petroleum ($163M), Packaged Medicaments ($12.8M), and Vaccines, blood, antisera, toxins and cultures ($9.85M). Over the past 5 years the exports of South Korea to Cameroon have increased at an annualized rate of 49.7%, from $30M in 2017 to $226M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 5 years the exports of Cameroon to South Korea have increased at an annualized rate of 21.9%, from $53.2M in 2017 to $143M in 2022.

In 2017, 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 5 years the exports of South Korea to Cameroon have increased at an annualized rate of 49.7%, from $30M in 2022 to $226M in 2017.

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

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

Latest Data

Trade between Cameroon () and South Korea ()

Cameroon Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cameroon
Top DestinationNetherlands$1.31B

South Korea
Top DestinationChina$150B

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

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

In 2022, countries that imported more from South Korea than Cameroon included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Comparative Advantage Cameroon - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2017, 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).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cameroon South Korea+$79.4MPetroleum Gas

Top Product Potential South Korea Cameroon+$3.78MCars

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Cameroon () and South Korea ()

Cameroon Exports

South Korea Exports

Market Competitiveness

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

Comparative Advantage Cameroon - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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