2022
Flag  
GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC 
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Philippines-Cameroon Trade: In 2022, Philippines exported $5.45M to Cameroon. The main products that Philippines exported to Cameroon were Coconut Oil ($5.29M), Plastic Lids ($113k), and Hard Liquor ($42.5k). Over the past 5 years the exports of Philippines to Cameroon have increased at an annualized rate of 2.5%, from $4.82M in 2017 to $5.45M in 2022.

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

Cameroon-Philippines Trade: In 2022, Cameroon exported $1.04M to Philippines. The main products that Cameroon exported to Philippines were Veneer Sheets ($872k), Office Machine Parts ($93.7k), and Low-voltage Protection Equipment ($55.3k). Over the past 5 years the exports of Cameroon to Philippines have increased at an annualized rate of 25%,  from $341k in 2017 to $1.04M in 2022.

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

Comparison: In 2022,  Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B). 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, Philippines exported $5.45M to Cameroon. The main products exported from Philippines to Cameroon were Coconut Oil ($5.29M), Plastic Lids ($113k), and Hard Liquor ($42.5k). During the last 5 years the exports of Philippines to Cameroon have increased at an annualized rate of 2.5%, from $4.82M in 2017 to $5.45M in 2022.

In 2017, Cameroon exported $1.04M to Philippines. The main products exported from Cameroon to Philippines were Veneer Sheets ($872k), Office Machine Parts ($93.7k), and Low-voltage Protection Equipment ($55.3k). During the last 5 years the exports of Cameroon to Philippines have increased at an annualized rate of 25%, from $341k in 2022 to $1.04M in 2017.

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

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

Market Competitiveness

Color
Philippines
Top Destination
United States$15.5B
Cameroon
Top Destination
Netherlands$1.31B

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 2022, countries that imported more from Philippines than Cameroon included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

In 2022, countries that imported more from Cameroon than Philippines included Spain ($683M), Central African Republic ($243M), and Belgium ($297M).

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

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 2022, Philippines had a large net trade with Cameroon in the exports of Animal and Vegetable Bi-Products ($5.29M), Plastics and Rubbers ($113k), and Foodstuffs ($42.5k).

During 2017, Cameroon had a large net trade with Philippines in the exports of Wood Products ($872k), Machines ($160k), and Plastics and Rubbers ($3.97k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with