2023
Flag  
GDP
$31.3BCURRENT US$
Rnk 107 / 195
2013-2023
Flag
GDP GROWTH
94.3%CURRENT US$
Rnk 17 / 195
2023
Flag
 GDP
$49.3BCURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP GROWTH
46.1%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC 
$79,637CURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP PC GROWTH
59.9%CURRENT US$
Rnk 31 / 195
2023
Flag
GDP PC
$1,737CURRENT US$
Rnk 161 / 196
2013-2023
Flag
GDP PC GROWTH
10.2%CURRENT US$
Rnk 133 / 195

About

Iceland-Cameroon Trade: In 2021, Iceland exported $310k to Cameroon. The main products that Iceland exported to Cameroon were N/A. Over the past 5 years the exports of Iceland to Cameroon have increased at an annualized rate of 23.9%, from $106k in 2016 to $310k in 2021.

In 2021, Iceland did not export any services to Cameroon.

Cameroon-Iceland Trade: In 2021, Cameroon exported $43.4k to Iceland. The main products that Cameroon exported to Iceland were Sawn Wood ($38k), Frozen Vegetables ($2.02k), and Tropical Fruits ($1.86k). Over the past 5 years the exports of Cameroon to Iceland have decreased at an annualized rate of 4.95%,  from $55.9k in 2016 to $43.4k in 2021.

In 2021, Cameroon did not export any services to Iceland.

Comparison In 2023,  Iceland ranked 115 in total exports ($7.31B), and does not have data regarding Economic Complexity Index. 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
Value

In 2021, Iceland exported $310k to Cameroon. There were not main exports from Iceland to Cameroon in 2021. During the last 5 years the exports of Iceland to Cameroon have increased at an annualized rate of 23.2%, from $3.77M in 2018 to $310k in 2021.

In 2018, Cameroon exported $43.4k to Iceland. The main products exported from Cameroon to Iceland were Sawn Wood ($38k), Frozen Vegetables ($2.02k), and Tropical Fruits ($1.86k). During the last 5 years the exports of Cameroon to Iceland have decreased at an annualized rate of 2.04%, from $94.4k in 2023 to $43.4k in 2018.

Exports from Iceland (Flag) to Cameroon (Flag) (2023)

Exports from Cameroon (Flag) to Iceland (Flag) (2023)

Latest Data

Trade between Iceland (Flag) and Cameroon (Flag)

Iceland Exports

Date

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Cameroon
Top Destination
Netherlands$1.44B

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

In 2023, countries that imported more from Iceland than Cameroon included United States ($735M), Netherlands ($1.97B), and Norway ($444M).

In 2023, countries that imported more from Cameroon than Iceland included United Arab Emirates ($899M), France ($937M), and India ($632M).

Difference in imports from Cameroon (Flag) and Iceland (Flag) (2023)

Comparative Advantage Iceland - Cameroon

Flow
Scale

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

During 2021, Iceland had a large net trade with Cameroon in the exports of .

During 2018, Cameroon had a large net trade with Iceland in the exports of Wood Products ($38k), Vegetable Products ($5.21k), and Chemical Products ($151).

Economic Complexity

Competitive Landscape

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

Product Space of Iceland (Flag) and Cameroon (Flag) (2023)

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