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Cameroon

cameroon flagAGOA 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 120th largest goods trading partner with $487 million in total (two way) goods trade during 2014. Goods exports totaled $301 million; goods imports totaled $186 million. The U.S. goods trade surplus with Cameroon was $115 million in 2014.

According to the Department of Commerce, U.S. exports of Goods to Cameroon supported an estimated 2 thousand jobs in 2014.

Exports

Cameroon was the United States' 124th largest goods export market in 2014.

U.S. goods exports to Cameroon in 2014 were $301 million, down 10.3% ($35 million) from 2013, but up 202% from 2004.

The top export categories (2-digit HS) in 2014 were: machinery ($81 million), iron and steel products ($27 million), electrical machinery ($26 million), plastics ($24 million), and optical and medical instruments ($21 million).

U.S. exports of agricultural products to Cameroon totaled $22 million in 2014. 

Imports

Cameroon was the United States' 112th largest supplier of goods imports in 2014.

U.S. goods imports from Cameroon totaled $186 million in 2014, down 49.3% ($181 million) from 2013, and down 39.7% from 2004.

The five largest import categories in 2014 were: mineral fuel and oil ($99 million), wood and wood products ($33 million), rubber ($14 million), cocoa ($14 million), and special other (returns) ($8 million).

U.S. imports of agricultural products from Cameroon totaled $33 million in 2014. Leading categories include: rubber & allied products ($14 million), cocoa paste & cocoa butter ($14 million), and coffee, unroasted ($4 million). 

Trade Balance

The U.S. trade balance with Cameroon shifted from a goods trade deficit of $31 million in 2013 to a goods trade surplus of $115 million in 2014. 

Investment

U.S. foreign direct investment (FDI) in Cameroon (stock) was $73 million in 2014, a 11.0% decrease from 2013.

There is no information on the distribution of U.S. FDI in Cameroon.

No data on Cameroon’s FDI in the U.S. are available.

 

NOTE: No services trade data with Cameroon are available.