2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 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

Philippines-Cameroon Trade: In 2023, Philippines exported $3.73M to Cameroon. The main products that Philippines exported to Cameroon were Palm Oil ($3.72M), Sowing Seeds ($13.8k), and Broadcasting Equipment ($291). Over the past 5 years the exports of Philippines to Cameroon have increased at an annualized rate of 25.4%, from $1.2M in 2018 to $3.73M in 2023.

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

Cameroon-Philippines Trade: In 2023, Cameroon exported $980k to Philippines. The main products that Cameroon exported to Philippines were Veneer Sheets ($939k), Railroad Ties ($29.6k), and Other Footwear ($3.96k). Over the past 5 years the exports of Cameroon to Philippines have increased at an annualized rate of 24%,  from $335k in 2018 to $980k in 2023.

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

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). 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, Philippines exported $3.73M to Cameroon. The main products exported from Philippines to Cameroon were Palm Oil ($3.72M), Sowing Seeds ($13.8k), and Broadcasting Equipment ($291). During the last 5 years the exports of Philippines to Cameroon have increased at an annualized rate of 25.4%, from $1.2M in 2018 to $3.73M in 2023.

In 2018, Cameroon exported $980k to Philippines. The main products exported from Cameroon to Philippines were Veneer Sheets ($939k), Railroad Ties ($29.6k), and Other Footwear ($3.96k). During the last 5 years the exports of Cameroon to Philippines have increased at an annualized rate of 24%, from $335k in 2023 to $980k in 2018.

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

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

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Cameroon
Top Destination
Netherlands$1.44B

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

In 2023, countries that imported more from Philippines than Cameroon included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Cameroon than Philippines included France ($937M), Central African Republic ($115M), and United Arab Emirates ($899M).

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

Comparative Advantage Philippines - Cameroon

Flow
Scale

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

During 2023, Philippines had a large net trade with Cameroon in the exports of Animal and Vegetable Bi-Products ($3.72M), Vegetable Products ($13.8k), and Machines ($291).

During 2018, Cameroon had a large net trade with Philippines in the exports of Wood Products ($969k), Footwear and Headwear ($3.96k), and Instruments ($3.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Cameroon+$3.47kInsulated Wire
Top Product Potential Cameroon Philippines+$4.71kCrude 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 Philippines and Cameroon. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Cameroon. Similarly, a dot/product with the flag of Cameroon indicates it has a comparative advantage over Philippines.

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

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