The increasing consumer demands and the growing interest of the government authorities in promoting international trade have made the country acknowledge different positive outgrowths in its annual import trade revenue over the years. The strong economic presence and the strategic location within Central Africa have been working as a backbone of the import trade market. The nation's location in Central Africa makes this an ideal hub for foreign trade investors in the nearby geographical proximities like Chad, Gabon, and Equatorial Guinea which uses Cameroon as their transit goods point.
The several bilateral and multilateral trade agreements signed by the government authorities of Cameroon to record a boost in the import trade market have increased the investment of foreign investors via the competitive pricing strategies adopted by the trade management authorities. The total annual import trade value of Cameroon has reached a staggering rate of 20 billion US dollars in 2023; a representative of the government's continuous efforts towards modernization of the industrial real estate and transportation ports.
Cameroon in central Africa has been recording itself as one of the leading import trade destinations worldwide because of its continuous efforts towards adopting the latest trending pricing strategies. According to the Cameroon Import Data, the top 10 imported products of the nation in 2023 are,
1. Refined Petroleum – Import valuation of Refined Petroleum in 2023 – 12 billion US dollars.
2. Cars – Import valuation of Cars in 2023 – 6 billion US dollars.
3. Rice – Import valuation of Rice in 2023 – 5 billion US dollars.
4. Wheat – Import valuation of Wheat in 2023 – 4 billion US dollars.
5. Packaged Medicaments – Import valuation of Packaged Medicaments in 2023 – 2.5 billion US dollars.
6. Delivery Trucks – Import valuation of Delivery Trucks in 2023 – 1 billion US dollars.
7. Poultry Meat – Import valuation of Poultry Meat in 2023 – 900 million US dollars.
8. Palm Oil – Import valuation of Palm Oil in 2023 – 800 million US dollars.
9. Frozen Fish – Import valuation of Frozen Fish in 2023 – 650 million US dollars.
10. Telephones – Import valuation of Telephones in 2023 – 500 million US dollars.
According to the Cameroon Customs Data, the top 10 nations from which the country imports most of its domestic requirements in 2023 are,
• China – According to the China Export Data, the import valuation of Cameroon in 2023 – 14 billion US dollars.
VARIATIONS OF IMPORT
1. Machinery and Equipment
2. Electrical and Electronic Appliances
3. Textiles and Apparel
4. Vehicles and Auto Parts
5. Chemicals and Pharmaceuticals
• France – According to the France Export Data, the import valuation of Cameroon in 2023 – 8 billion US dollars.
VARIATIONS OF IMPORT
1. Machinery and Equipment
2. Chemicals and Pharmaceuticals
3. Vehicles and Automotive Parts
4. Food and Beverages
5. Cosmetics and Personal Care Products
• Nigeria – According to the Nigeria Export Data, the import valuation of Cameroon in 2023 – 6 billion US dollars.
VARIATIONS OF IMPORT
1. Petroleum and Petroleum Products
2. Agricultural Products
3. Cement and Construction Materials
4. Consumer Goods and Household Items
5. Chemicals and Fertilizers
• India – According to the India Export Data, the import valuation of Cameroon in 2023 – 5 billion US dollars.
VARIATIONS OF IMPORT
1. Pharmaceuticals and Medical Supplies
2. Machinery and Equipment
3. Textiles and Garments
4. Chemicals and Fertilizers
5. Electrical and Electronic Equipment
• South Korea – According to the South Korea Export Data, the import valuation of Cameroon in 2023 – 4 billion US dollars.
VARIATIONS OF IMPORT
1. Automobiles and Auto Parts
2. Electronics and Electrical Equipment
3. Machinery and Industrial Equipment
4. Ships and Marine Equipment
5. Chemicals and Plastics
• Germany – According to the Germany Export Data, the import valuation of Cameroon in 2023 – 3 billion US dollars.
VARIATIONS OF IMPORT
1. Machinery and Equipment
2. Automobiles and Automotive Parts
3. Chemicals and Pharmaceuticals
4. Electrical and Electronic Equipment
5. Precision Instruments and Scientific Equipment
• United States – According to the USA Export Data, the import valuation of Cameroon in 2023 – 2.5 billion US dollars.
VARIATIONS OF IMPORT
1. Machinery and Equipment
2. Vehicles and Automotive Parts
3. Pharmaceuticals and Medical Supplies
4. Electronics and Electrical Equipment
5. Chemicals and Fertilizers
• Belgium – According to the Belgium Export Data, the import valuation of Cameroon in 2023 – 1 billion US dollars.
VARIATIONS OF IMPORT
1. Chemicals and Pharmaceuticals
2. Machinery and Equipment
3. Vehicles and Auto Parts
4. Food and Beverages
5. Precious Metals and Industrial Products
• Turkey – According to the Turkey Export Data, the import valuation of Cameroon in 2023 – 900 million US dollars.
VARIATIONS OF IMPORT
1. Machinery and Equipment
2. Textiles and Apparel
3. Cement and Construction Materials
4. Electrical and Electronic Equipment
5. Furniture and Household Goods
• Brazil – According to the Brazil Export Data, the import valuation of Cameroon in 2023 – 800 million US dollars.
VARIATIONS OF IMPORT
1. Soybeans and Agricultural Products
2. Meat and Processed Foods
3. Machinery and Equipment
4. Vehicles and Automotive Parts
5. Chemicals and Fertilizers
Que. What is the import trade value of Cameroon in 2023?
Ans. The import trade value of Cameroon in 2023 is 20 billion US dollars.
Que. Who is the top import trade partner of Cameroon in 2023?
Ans. China is the top import trade partner of Cameroon in 2023.
Que. What is the top imported product of Cameroon in 2023?
Ans. Refined Petroleum is the top imported product of Cameroon in 2023.
Que. Where can you get a detailed trade analysis of Cameroon's Import trade in 2023?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of Cameroon's import trade in 2023.