Russia (RUS) and Cameroon (CMR) Trade | The Observatory of Economic Complexity

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Russia (RUS) and Cameroon (CMR) Trade

2021

→

Exports $392MRnk 87 / 0

2021

→

Exports $4.3MRnk 15 / 0

2023

Economic Complexity (ECI) ECI 0.3Rnk 50 / 132

2023

Economic Complexity (ECI) ECI -1.2Rnk 119 / 132

2023

GDP$2.02TCURRENT US$
Rnk 11 / 195

2013-2023

GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195

2023

GDP$49.3BCURRENT US$
Rnk 91 / 195

2013-2023

GDP GROWTH46.1%CURRENT US$
Rnk 82 / 195

2023

GDP PC $13,817CURRENT US$
Rnk 74 / 195

2013-2023

GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

2023

GDP PC$1,737CURRENT US$
Rnk 161 / 196

2013-2023

GDP PC GROWTH10.2%CURRENT US$
Rnk 133 / 195

Image 1

Image by Sam Greenhalgh
Link: https://flic.kr/p/9qSwNm

Image 2

Image by Dorine Ruter
Link: https://flic.kr/p/658GbB

Latest Trends
Historical Data
Potential Exports
Economic Complexity

About

Russia-Cameroon Trade: In 2021, Russia exported $392M to Cameroon. The main products that Russia exported to Cameroon were N/A. Over the past 5 years the exports of Russia to Cameroon have increased at an annualized rate of 40.9%, from $70.7M in 2016 to $392M in 2021.

In 2020, Russia exported services to Cameroon worth $194k, with Financial services ($74k), Transportation ($71k), and Other business services ($43k) being the largest in terms of value.

Cameroon-Russia Trade: In 2021, Cameroon exported $4.3M to Russia. The main products that Cameroon exported to Russia were N/A. Over the past 5 years the exports of Cameroon to Russia have decreased at an annualized rate of 2.69%, from $4.93M in 2016 to $4.3M in 2021.

In 2021, Cameroon did not export any services to Russia.

Comparison: In 2023, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $14.7M and imported $400k from Cameroon, resulting in a positive trade balance of $14.3M. Between January 2021 and January 2022 the exports of Russia have increased by $2.88M (24.3%) from $11.9M to $14.7M, while imports increased by $23.3k (6.18%) from $376k to $400k.

Trade In January 2022, the top exports of Russia to Cameroon were Wheat ($7.5M), Nitrogenous Fertilizers ($1.82M), Mixed Mineral or Chemical Fertilizers ($1.43M), Vaccines, blood, antisera, toxins and cultures ($451k), and Vinyl Chloride Polymers ($306k). In January 2022 the top imports of Russia from Cameroon were Rubber ($302k), Sawn Wood ($31.1k), Shaped Wood ($30.2k), and Tropical Fruits ($13.4k).

Origins In January 2022 the exports of Russia were mainly from VOLOGDA REGION ($7.66M), KRASNODAR TERRITORY ($6.67M), ST. PETERSBURG ($150k), YAROSLAVL REGION ($145k), and TULA REGION ($64.3k), while imports destinations were mainly LENINGRAD REGION ($312k), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($50.1k), ST. PETERSBURG ($34k), and KURSK REGION ($3.8k).

Growth In January 2022, the increase in Russia's year-by-year exports to Cameroon was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($1.26M or 713%), Vaccines, blood, antisera, toxins and cultures ($361k or 398%), and Phosphinates (hypophosphites) and phosphonates (phosphites) ($72.5k or 154%). In January 2022, the increase in Russia's year-by-year imports from Cameroon was explained primarily by an increase in product imports in Tropical Fruits ($3.93k or 41.7%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (January 2021 - January 2022)$2.88M(24.3%)

IMPORT GROWTH (January 2021 - January 2022)$23.3k(6.18%)

MAIN EXPORTER (January 2022)VOLOGDA REGION$7.66M

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

To check Cameroon and Russia trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Russia exported $392M to Cameroon. There were not main exports from Russia to Cameroon in 2021. During the last 5 years the exports of Russia to Cameroon have increased at an annualized rate of 40.9%, from $70.7M in 2016 to $392M in 2021.

In 2016, Cameroon exported $4.3M to Russia. There were not main exports from Cameroon to Russia in 2016. During the last 5 years the exports of Cameroon to Russia have decreased at an annualized rate of 2.69%, from $4.93M in 2021 to $4.3M in 2016.

Exports from Russia () to Cameroon () (2021)

Exports from Cameroon () to Russia () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$129B

Cameroon
Top DestinationNetherlands$1.44B

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

In 2023, countries that imported more from Russia than Cameroon included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Cameroon than Russia included Central African Republic ($115M), Gabon ($22.4M), and Mauritius ($2.27M).

Difference in imports from Cameroon () and Russia () (2023)

Comparative Advantage Russia - Cameroon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Russia had a large net trade with Cameroon in the exports of .

During 2016, Cameroon had a large net trade with Russia in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Russia Cameroon+$7.4kRefined Petroleum

Top Product Potential Cameroon Russia+$5.04kPetroleum 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

Year

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

Product Space of Russia () and Cameroon () (2021)

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