Finland (FIN) and Cameroon (CMR) Trade | The Observatory of Economic Complexity

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Finland-Cameroon Trade: In 2023, Finland exported $8.57M to Cameroon. The main products that Finland exported to Cameroon were Electric Motor Parts ($4.23M), Cars ($663k), and Kraft Paper ($419k). Over the past 5 years the exports of Finland to Cameroon have decreased at an annualized rate of 7.89%, from $12.9M in 2018 to $8.57M in 2023.

In 2023, Finland did not export any services to Cameroon.

Cameroon-Finland Trade: In 2023, Cameroon exported $1.87M to Finland. The main products that Cameroon exported to Finland were Rubber ($1.24M), Integrated Circuits ($475k), and Other Domestic Electric Housewares ($48.9k). Over the past 5 years the exports of Cameroon to Finland have decreased at an annualized rate of 1.99%, from $2.06M in 2018 to $1.87M in 2023.

In 2023, Cameroon did not export any services to Finland.

Comparison: In 2023, Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Finland exported $8.57M to Cameroon. The main products exported from Finland to Cameroon were Electric Motor Parts ($4.23M), Cars ($663k), and Kraft Paper ($419k). During the last 5 years the exports of Finland to Cameroon have decreased at an annualized rate of 7.89%, from $12.9M in 2018 to $8.57M in 2023.

In 2018, Cameroon exported $1.87M to Finland. The main products exported from Cameroon to Finland were Rubber ($1.24M), Integrated Circuits ($475k), and Other Domestic Electric Housewares ($48.9k). During the last 5 years the exports of Cameroon to Finland have decreased at an annualized rate of 1.99%, from $2.06M in 2023 to $1.87M in 2018.

Exports from Finland () to Cameroon () (2023)

Exports from Cameroon () to Finland () (2023)

Latest Data

Trade between Finland () and Cameroon ()

Finland Exports

Date

Cameroon Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationUnited States$9.68B

Cameroon
Top DestinationNetherlands$1.44B

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

In 2023, countries that imported more from Finland than Cameroon included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Cameroon than Finland included United Arab Emirates ($899M), Central African Republic ($115M), and Uganda ($72.7M).

Difference in imports from Cameroon () and Finland () (2023)

Comparative Advantage Finland - Cameroon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Finland had a large net trade with Cameroon in the exports of Machines ($5.47M), Paper Goods ($1.52M), and Transportation ($1.17M).

During 2018, Cameroon had a large net trade with Finland in the exports of Plastics and Rubbers ($1.24M), Machines ($540k), and Vegetable Products ($37.3k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Finland Cameroon+$842kCars

Top Product Potential Cameroon Finland+$217kRubber

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Cameroon () (2023)

Exports from Cameroon () to Finland () (2023)

Latest Data

Trade between Finland () and Cameroon ()

Finland Exports

Cameroon Exports

Market Competitiveness

Difference in imports from Cameroon () and Finland () (2023)

Comparative Advantage Finland - Cameroon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Finland () and Cameroon () (2023)

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