2023
Flag  
GDP
$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH
6.86%CURRENT US$
Rnk 165 / 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 
$39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH
9.11%CURRENT US$
Rnk 136 / 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

Italy-Cameroon Trade: In 2023, Italy exported $139M to Cameroon. The main products that Italy exported to Cameroon were Industrial Food Preperation Machinery ($14.7M), Unglazed Ceramics ($9.41M), and Washing and Bottling Machines ($8.97M). Over the past 5 years the exports of Italy to Cameroon have decreased at an annualized rate of 9.27%, from $226M in 2018 to $139M in 2023.

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

Cameroon-Italy Trade: In 2023, Cameroon exported $207M to Italy. The main products that Cameroon exported to Italy were Crude Petroleum ($106M), Sawn Wood ($36.6M), and Raw Aluminium ($25M). Over the past 5 years the exports of Cameroon to Italy have decreased at an annualized rate of 18.3%,  from $567M in 2018 to $207M in 2023.

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

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). 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 2023, Italy exported $139M to Cameroon. The main products exported from Italy to Cameroon were Industrial Food Preperation Machinery ($14.7M), Unglazed Ceramics ($9.41M), and Washing and Bottling Machines ($8.97M). During the last 5 years the exports of Italy to Cameroon have decreased at an annualized rate of 9.27%, from $226M in 2018 to $139M in 2023.

In 2018, Cameroon exported $207M to Italy. The main products exported from Cameroon to Italy were Crude Petroleum ($106M), Sawn Wood ($36.6M), and Raw Aluminium ($25M). During the last 5 years the exports of Cameroon to Italy have decreased at an annualized rate of 18.3%, from $567M in 2023 to $207M in 2018.

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

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

Market Competitiveness

Color
Italy
Top Destination
Germany$71.4B
Cameroon
Top Destination
Netherlands$1.44B

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

In 2023, countries that imported more from Italy than Cameroon included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, countries that imported more from Cameroon than Italy included Central African Republic ($115M).

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

Comparative Advantage Italy - Cameroon

Flow
Scale

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

During 2023, Italy had a large net trade with Cameroon in the exports of Machines ($58.6M), Metals ($13.9M), and Stone And Glass ($10.7M).

During 2018, Cameroon had a large net trade with Italy in the exports of Mineral Products ($106M), Wood Products ($61.7M), and Metals ($25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Cameroon+$4.46MRefined Petroleum
Top Product Potential Cameroon Italy+$143MCrude 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

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

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

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