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AGOA Status: Cameroon is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and Cameroon signed a Bilateral Investment Treaty (BIT) in 1986 that came into force in 1989.
U.S. - Cameroon Trade Facts
Cameroon is currently our 129th largest goods trading partner with $416 million in total (two way) goods trade during 2018. Goods exports totaled $197 million; goods imports totaled $220 million. The U.S. goods trade deficit with Cameroon was $23 million in 2018.
According to the Department of Commerce, U.S. exports of goods to Cameroon supported an estimated 1 thousand jobs in 2015 (latest data available).
Cameroon was the United States' 135th largest goods export market in 2018.
U.S. goods exports to Cameroon in 2018 were $197 million, up 23.8% ($38 million) from 2017 and up 57.3% from 2008.
The top export categories (2-digit HS) in 2018 were: machinery ($38 million), iron and steel products ($28 million), plastics ($18 million), railway vehicles/equipment ($16 million), and mineral fuels ($12 million).
U.S. total exports of agricultural products to Cameroon totaled $24 million in 2018. Leading domestic export categories include: prepared food ($4 million), vegetable oils (ex. soybean) ($3 million), coarse grains (ex. corn) ($2 million), pulses ($2 million), and rice ($1 million).
Cameroon was the United States' 112th largest supplier of goods imports in 2018.
U.S. goods imports from Cameroon totaled $220 million in 2018, up 85.4% ($101 million) from 2017, but down 64.2% from 2008.
The top import categories (2-digit HS) in 2018 were: mineral fuels ($126 million), wood and wood products ($26 million), cocoa ($16 million), rubber ($15 million), and special other (returns) ($8 million).
U.S. total imports of agricultural products from Cameroon totaled $36 million in 2018. Leading categories include: cocoa paste & cocoa butter ($15 million), rubber & allied products ($15 million), processed fruit & vegetables ($2 million), tobacco ($1 million), and coffee, unroasted ($973 thousand).
The U.S. trade balance with Cameroon shifted from a goods trade surplus of $40 million in 2017 to a goods trade deficit of $23 million in 2018.
U.S. foreign direct investment (FDI) in Cameroon (stock) was $9 million in 2017 (latest data available), a 52.6% decrease from 2016. There is no information on the distribution of U.S. FDI in Cameroon.
Cameroon's FDI in the United States (stock) was $8 million in 2017. There is no information on the distribution of Cameroon FDI in the U.S.
*NOTE: No services trade data with Cameroon is available.