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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 136th largest goods trading partner with $277 million in total (two way) goods trade during 2017. Goods exports totaled $159 million; goods imports totaled $118 million. The U.S. goods trade surplus with Cameroon was $40 million in 2017.
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' 129th largest goods export market in 2017.
U.S. goods exports to Cameroon in 2017 were $159 million, down 16.3% ($31 million) from 2016 but up 19.5% from 2007.
The top export categories (2-digit HS) in 2017 were: machinery ($31 million), iron and steel products ($15 million), plastics ($12 million), cereals (wheat) ($12 million), and vehicles ($11 million).
U.S. total exports of agricultural products to Cameroon totaled $29 million in 2017. Leading domestic export categories include: wheat ($6 million), coarse grains (ex. corn) ($5 million), prepared food ($3 million), pulses ($3 million), and vegetable oils (ex. soybean) ($3 million).
Cameroon was the United States' 122nd largest supplier of goods imports in 2017.
U.S. goods imports from Cameroon totaled $118 million in 2017, down 21.4% ($32 million) from 2016, and down 60.1% from 2007.
The top import categories (2-digit HS) in 2017 were: mineral fuels ($32 million), wood and wood products ($29 million), cocoa ($18 million), rubber ($12 million), and special other (returns) ($7 million).
U.S. total imports of agricultural products from Cameroon totaled $36 million in 2017. Leading categories include: cocoa paste & cocoa butter ($18 million), rubber & allied products ($12 million), coffee, unroasted ($3 million), processed fruit & vegetables ($1 million), and tobacco ($690 thousand).
The U.S. goods trade surplus with Cameroon was $40 million in 2017, a 3.6% increase ($1 million) over 2016.
U.S. foreign direct investment (FDI) in Cameroon (stock) was $9 million in 2017, 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.