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2022
Flag → Flag
Exports $226MRnk 23 / 0
2022
Flag → Flag
Exports $166MRnk 7 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.2Rnk 119 / 132
2023
Flag  
GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
Flag
 GDP$49.3BCURRENT US$
Rnk 91 / 195
2013-2023
Flag
GDP GROWTH46.1%CURRENT US$
Rnk 82 / 195
2023
Flag
GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
Flag
GDP PC$1,737CURRENT US$
Rnk 161 / 196
2013-2023
Flag
GDP PC GROWTH10.2%CURRENT US$
Rnk 133 / 195

About

South Korea-Cameroon Trade: In 2022, South Korea exported $226M to Cameroon. The main products that South Korea exported to Cameroon were N/A. 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.

Cameroon-South Korea Trade: In 2022, Cameroon exported $166M to South Korea. The main products that Cameroon exported to South Korea were N/A. Over the past 5 years the exports of Cameroon to South Korea have increased at an annualized rate of 23.1%,  from $58.5M in 2017 to $166M in 2022.

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

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $3.77M and imported $2.23M from Cameroon, resulting in a positive trade balance of $1.54M. Between December 2023 and December 2024 the exports of South Korea have increased by $2.01M (114%) from $1.76M to $3.77M, while imports increased by $2.21M (13k%) from $17k to $2.23M.

Trade In December 2024, the top exports of South Korea to Cameroon were Plastics & articles thereof ($1.69M), Salt, sulphur, cement, lime, stone, &... ($611k), Cars, tractors, trucks & parts thereof. ($341k), Organic chemicals ($308k), and Paper articles ($184k). In December 2024 the top imports of South Korea from Cameroon were Copper articles ($281k), Optical, photo, & film equipment; medical... ($9k), Machinery, mechanical appliances, & parts ($3k), Paper articles ($1k), and Fish, Crustaceans & Molluscs ($0).

Growth In December 2024, the increase in South Korea's year-by-year exports to Cameroon was explained primarily by an increase in product exports in Plastics & articles thereof ($908k or 116%), Cars, tractors, trucks & parts thereof. ($198k or 138%), and Fish, Crustaceans & Molluscs ($91k or 276%). In December 2024, the increase in South Korea's year-by-year imports  from Cameroon was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$2.01M(114%)
IMPORT GROWTH (December 2023 - December 2024)$2.21M(13k%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Cameroon and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cameroon and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $226M to Cameroon. There were not main exports from South Korea to Cameroon in 2022. During the last 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 2017, Cameroon exported $166M to South Korea. There were not main exports from Cameroon to South Korea in 2017. During the last 5 years the exports of Cameroon to South Korea have increased at an annualized rate of 23.1%, from $58.5M in 2022 to $166M in 2017.

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

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

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Cameroon
Top DestinationNetherlands$1.44B

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

In 2023, countries that imported more from South Korea than Cameroon included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Cameroon than South Korea included Central African Republic ($115M), Uganda ($72.7M), and Liberia ($236k).

Difference in imports from Cameroon (Flag) and South Korea (Flag) (2023)

Comparative Advantage South Korea - Cameroon

Flow
Scale

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

During 2022, South Korea had a large net trade with Cameroon in the exports of .

During 2017, Cameroon had a large net trade with South Korea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Cameroon+$3.78MCars
Top Product Potential Cameroon South Korea+$79.4MPetroleum Gas

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

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

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