AGOA Status: Cameroon is not eligible for AGOA this year.
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
In 2019, Cameroon GDP was an estimated $38.6 billion (current market exchange rates); real GDP was up by an estimated 3.7%; and the population was 26 million. (Source: IMF)
Cameroon is currently our 115th largest goods trading partner with $531 million in total (two way) goods trade during 2019. Goods exports totaled $200 million; goods imports totaled $330 million. The U.S. goods trade deficit with Cameroon was $130 million in 2019.
- Cameroon was the United States' 128th largest goods export market in 2019.
- U.S. goods exports to Cameroon in 2019 were $200 million, up 3.6% ($7 million) from 2018 and up 30.3% from 2009.
- The top export categories (2-digit HS) in 2019 were: machinery ($58 million), electrical machinery ($23 million), plastics ($17 million), railway vehicles/equipment ($15 million), and vehicles ($10 million).
- U.S. total exports of agricultural products to Cameroon totaled $30 million in 2019. Leading domestic export categories include: vegetable oils (ex. soybean) ($6 million), pulses ($5 million), coarse grains (ex. corn) ($4 million), prepared food ($4 million), and rice ($3 million).
- Cameroon was the United States' 101st largest supplier of goods imports in 2019.
- U.S. goods imports from Cameroon totaled $330 million in 2019, up 50.6% ($111 million) from 2018, and up 32.3% from 2009.
- The top import categories (2-digit HS) in 2019 were: mineral fuels ($245 million), wood and wood products ($33 million), cocoa ($19 million), special other (returns) ($9 million), and rubber ($9 million).
- U.S. total imports of agricultural products from Cameroon totaled $33 million in 2019. Leading categories include: cocoa paste & cocoa butter ($18 million), rubber & allied products ($9 million), tobacco ($2 million), cocoa beans ($2 million), and processed fruit & vegetables ($1 million).
- The U.S. goods trade deficit with Cameroon was $130 million in 2019, a 395.4% increase ($104 million) over 2018.
- Data on U.S. FDI in Cameroon are unavailable
- No data on Cameroon's FDI in the U.S. are available.
NOTE: No services trade data with Cameroon are available.