Cameroon’s foreign trade in 2019

Cameroon’s trade deficit worsened by 13.3% in 2019, or about 171 billion CFA francs, compared to 2018, sustained by import spending up 13.3% as a result of fuel purchases in connection with the cessation of refining at SONARA and certain food products, particularly rice. Driven by crude petroleum oils, the value of exports increased by 13.3% compared to the previous year. With market shares in value of 18.4%, 12.2% and 11.0% respectively, China, Italy and India are Cameroon’s top three customers in 2019.

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