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Cameroon flag Cameroon: The market

Cameroonian Market : Main sectors

The primary sector has contributed to 20% of the GDP in 2013. It employs 61% of the active population. Before the development of the oil trade (which alone today represents over 7% of the GDP), agriculture was the country's economic pillar. Cameroon remains one of the world's leading producers of certain foodstuffs, namely cocoa, coffee, bananas, palm products, tobacco, rubber and cotton. Fishing and forestry are two of the country's additional important activities. Cameroon's mineral resources include bauxite ore and iron.

The secondary sector accounts for 31% of the GDP. The country's main industries are food processing, sawmill, the manufacture of light consumer goods and textiles.

The tertiary sector accounts for nearly half of the GDP (49% in 2013) and employs 29% of the active population. It benefits from the economic activity created around large-scale energetic projects. The services sector is booming, driven by the sectors of telecommunications, air traffic and transport.

 
 

Main Products

4.3 bn USD of products exported in 2012
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 42.9%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 12.3%
Cocoa beans, whole or broken, raw or roastedCocoa beans, whole or broken, raw or roasted 9.2%
Wood sawn or chipped lengthwise, sliced or barked,...Wood sawn or chipped lengthwise, sliced or barked, whether or not planed, sanded or end-jointed, of a thickness of > 6 mm 6.5%
Cotton, neither carded nor combedCotton, neither carded nor combed 3.4%
See More Products 25.6%
6.5 bn USD of products imported in 2012
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals, crude 20.0%
Petroleum oils and oils obtained from bituminous...Petroleum oils and oils obtained from bituminous minerals (excl. crude); preparations containing >= 70% by weight of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations, n.e.s.; waste oils containing mainly petroleum or bituminous minerals 8.7%
RiceRice 4.7%
Frozen fish (excl. fish fillets and other fish...Frozen fish (excl. fish fillets and other fish meat of heading 0304) 3.7%
Wheat and meslinWheat and meslin 3.0%
See More Products 60.0%

Source: Comtrade, Last Available Data

 
 
Breakdown of Economic Activity By Sector Agriculture Industry Services
Employment By Sector (in % of Total Employment) 53.3 12.6 34.1
Value Added (in % of GDP) 19.7 31.0 49.3
Value Added (Annual % Change) 3.0 1.8 3.5

Source: World Bank - Last Available Data.

 

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Type of Production
The Cameroonian industry is essentially based on the Heavy Industries. Production is oriented towards oil-producing products, refinement, aluminum production, food-processing, textiles, wood industry and ship repairing.

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Last Updates: September 2014