{"id":17557,"date":"2024-08-19T14:48:56","date_gmt":"2024-08-19T13:48:56","guid":{"rendered":"https:\/\/ins-cameroun.cm\/statistique\/foreign-trade-trade-between-cameroon-and-india\/"},"modified":"2024-08-19T14:48:56","modified_gmt":"2024-08-19T13:48:56","slug":"foreign-trade-trade-between-cameroon-and-india","status":"publish","type":"statistique","link":"https:\/\/ins-cameroun.cm\/en\/statistique\/foreign-trade-trade-between-cameroon-and-india\/","title":{"rendered":"FOREIGN TRADE: TRADE BETWEEN CAMEROON AND INDIA"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>A structurally deficit trade balance for Cameroon that has worsened<\/strong><br \/>\n<strong>in 2023.<\/strong><br \/>\nSince 2005, Asia has been presented by the World Trade Organization (WTO) as sub-Saharan Africa&#8217;s leading trading partner. Indeed, over the past two decades, trade between these two regions has far outpaced that between Europe and Africa. With India, the trade balance recorded a deficit of 291.4 billion CFA francs in 2023, after 37 billion CFA francs in 2022, a sharp deterioration of 254 billion CFA francs, resulting from the decline in exports to this country in 2023. With 9.6% of the market share in 2023, India is positioned as the third largest customer Indeed, export revenues to India fell by 41.9%, from 493 billion CFA francs in 2022 to 286 billion CFA francs in 2023. These revenues come mainly from the export of mining products (98.3%), in particular: liquefied natural gas (49.9%), and crude petroleum oils (48.4%).    <\/p>\n<p style=\"text-align: justify;\"><strong>India is the second largest supplier with 11.6% of the market share in 2023<\/strong><br \/>\nIn terms of imports, India holds 11.6% of Cameroon&#8217;s market share in 2023, occupying 2nd place behind China and ahead of France. India&#8217;s main imports are diesel (33.1%), semi-milled or milled rice, whether or not polished or iced (18.6%), aviation gasoline (9.3%), medicines (6.1%), and frozen fish (2.8%). <\/p>\n","protected":false},"featured_media":0,"template":"","format":[626],"meta":{"_acf_changed":false},"annee":[],"region":[],"domaines":[],"class_list":["post-17557","statistique","type-statistique","status-publish","hentry","format-data"],"acf":[],"_links":{"self":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/17557","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique"}],"about":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/types\/statistique"}],"version-history":[{"count":0,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/statistique\/17557\/revisions"}],"wp:attachment":[{"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/media?parent=17557"}],"wp:term":[{"taxonomy":"annee","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/annee?post=17557"},{"taxonomy":"region","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/region?post=17557"},{"taxonomy":"format","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/format?post=17557"},{"taxonomy":"domaine","embeddable":true,"href":"https:\/\/ins-cameroun.cm\/en\/wp-json\/wp\/v2\/domaines?post=17557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}