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Pricing

2022
Flag → Flag
Exports $121MRnk 45 / 166
2022
Flag → Flag
Top Product $39.4MScrap Vessels
2022
Flag → Flag
Exports $4.71MRnk 35 / 126
2022
Flag → Flag
Top Product $2.78MStearic Acid
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.01Rnk 113 / 133
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH10.8%CURRENT US$
Rnk 113 / 186

About

Nigeria-Cameroon Trade: 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). Over the past 5 years the exports of Nigeria to Cameroon have decreased at an annualized rate of 13.9%, from $256M in 2017 to $121M in 2022.

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

Cameroon-Nigeria Trade: In 2022, Cameroon exported $4.71M to Nigeria. The main products that Cameroon exported to Nigeria were Stearic Acid ($2.78M), Other Vegetable Oils ($813k), and Sowing Seeds ($496k). Over the past 5 years the exports of Cameroon to Nigeria have decreased at an annualized rate of 34.2%,  from $38.1M in 2017 to $4.71M in 2022.

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

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

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 5 years the exports of Nigeria to Cameroon have decreased at an annualized rate of 13.9%, from $256M in 2017 to $121M in 2022.

In 2017, 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 5 years the exports of Cameroon to Nigeria have decreased at an annualized rate of 34.2%, from $38.1M in 2022 to $4.71M in 2017.

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

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

Latest Data

Trade between Nigeria (Flag) and Cameroon (Flag)

Nigeria Exports

Cameroon Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Cameroon
Top DestinationNetherlands$1.31B

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

In 2022, countries that imported more from Nigeria than Cameroon included Spain ($9.41B), India ($8.2B), and United States ($4.83B).

In 2022, countries that imported more from Cameroon than Nigeria included Central African Republic ($243M), Slovakia ($20.8M), and Luxembourg ($5.03M).

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

Comparative Advantage Nigeria - Cameroon

Flow
Scale

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

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).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nigeria Cameroon+$6.8MNitrogenous Fertilizers
Top Product Potential Cameroon Nigeria+$144kTelephones

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

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

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