2022
Flag  
GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 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
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Cameroon-Nigeria In 2022, Cameroon exported $4.71M to Nigeria. The main products that Cameroon exported to Nigeria are Stearic Acid ($2.78M), Other Vegetable Oils ($813k), and Sowing Seeds ($496k). During the last 27 years the exports of Cameroon to Nigeria have decreased at an annualized rate of 2.14%, from $8.43M in 1995 to $4.71M in 2022.

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

Nigeria-Cameroon In 2022, Nigeria exported $121M to Cameroon. The main products that Nigeria exported to Cameroon were Scrap Vessels ($39.4M), Passenger and Cargo Ships ($35M), and Rolled Tobacco ($17.3M). During the last 27 years the exports of Nigeria to Cameroon have increased at an annualized rate of 17.1%, from $1.72M in 1995 to $121M in 2022.

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

Comparison In 2022,  Cameroon ranked 113 in the Economic Complexity Index (ECI -1.28), and 117 in total exports ($6.95B). That same year, Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cameroon exported $4.71M to Nigeria. The main products exported from Cameroon to Nigeria were Stearic Acid ($2.78M), Other Vegetable Oils ($813k), and Sowing Seeds ($496k). During the last 27 years the exports of Cameroon to Nigeria have decreased at an annualized rate of 2.14%, from $8.43M in 1995 to $4.71M in 2022.

In 2022, Nigeria exported $121M to Cameroon. The main products exported from Nigeria to Cameroon were Scrap Vessels ($39.4M), Passenger and Cargo Ships ($35M), and Rolled Tobacco ($17.3M). During the last 27 years the exports of Nigeria to Cameroon have increased at an annualized rate of 17.1%, from $1.72M in 1995 to $121M in 2022.

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

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

Latest Data

Trade between Cameroon (Flag) and Nigeria (Flag)

Cameroon Exports

Nigeria Exports

Market Competitiveness

Color
Cameroon
Top Destination
Netherlands$1.31B
Nigeria
Top Destination
Spain$9.41B

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

In 2021, countries that imported more from Cameroon than Nigeria were Central African Republic ($243M), Slovakia ($20.8M), and Luxembourg ($5.03M).

In 2021, countries that imported more from Nigeria than Cameroon were Spain ($9.41B), India ($8.2B), and United States ($4.83B).

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

Comparative Advantage Cameroon - Nigeria

Flow
Scale

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

During 2022, Cameroon had a large net trade with Nigeria in the exports of Animal and Vegetable Bi-Products ($3.6M), Vegetable Products ($721k), and Textiles ($178k).

During 2022, Nigeria had a large net trade with Cameroon in the exports of Transportation ($74.4M), Foodstuffs ($17.5M), and Chemical Products ($17.2M).

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 Cameroon has comparative advantage over Nigeria. Similarly, the more yellow a dot/product is, the more Nigeria has comparative advantage over Cameroon.

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

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