2022
Flag  
GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC 
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Nigeria-Cameroon In 2022, Nigeria exported $121M to Cameroon. The main products that Nigeria exported to Cameroon are Scrap Vessels ($39.4M), Passenger and Cargo Ships ($35M), and Rolled Tobacco ($17.3M). During the last 27 years the exports of Nigeria to Cameroon have increased at an annualized rate of 17.1%, from $1.72M in 1995 to $121M in 2022.

In 2022, Nigeria did not export any services to Cameroon.

Cameroon-Nigeria In 2022, Cameroon exported $4.71M to Nigeria. The main products that Cameroon exported to Nigeria were Stearic Acid ($2.78M), Other Vegetable Oils ($813k), and Sowing Seeds ($496k). During the last 27 years the exports of Cameroon to Nigeria have decreased at an annualized rate of 2.14%, from $8.43M in 1995 to $4.71M in 2022.

In 2022, Cameroon did not export any services to Nigeria.

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.28), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $121M to Cameroon. The main products exported from Nigeria to Cameroon were Scrap Vessels ($39.4M), Passenger and Cargo Ships ($35M), and Rolled Tobacco ($17.3M). During the last 27 years the exports of Nigeria to Cameroon have increased at an annualized rate of 17.1%, from $1.72M in 1995 to $121M in 2022.

In 2022, Cameroon exported $4.71M to Nigeria. The main products exported from Cameroon to Nigeria were Stearic Acid ($2.78M), Other Vegetable Oils ($813k), and Sowing Seeds ($496k). During the last 27 years the exports of Cameroon to Nigeria have decreased at an annualized rate of 2.14%, from $8.43M in 1995 to $4.71M in 2022.

Exports from Nigeria (Flag) to Cameroon (Flag) (2022)

Exports from Cameroon (Flag) to Nigeria (Flag) (2022)

Latest Data

Trade between Nigeria (Flag) and Cameroon (Flag)

Nigeria Exports

Cameroon Exports

Market Competitiveness

Color
Nigeria
Top Destination
Spain$9.41B
Cameroon
Top Destination
Netherlands$1.31B

This map shows whether countries import more from Nigeria or Cameroon. Each country is colored based on the difference in imports they receive from Nigeria and Cameroon or the difference in the growth in imports.

In 2021, countries that imported more from Nigeria than Cameroon were Spain ($9.41B), India ($8.2B), and United States ($4.83B).

In 2021, countries that imported more from Cameroon than Nigeria were Central African Republic ($243M), Slovakia ($20.8M), and Luxembourg ($5.03M).

Difference in imports from Cameroon (Flag) and Nigeria (Flag) (2022)

Comparative Advantage Nigeria - Cameroon

Flow
Scale

This chart compares trade between Nigeria and Cameroon by product, considering products traded by both, Nigeria and Cameroon.

During 2022, Nigeria had a large net trade with Cameroon in the exports of Transportation ($74.4M), Foodstuffs ($17.5M), and Chemical Products ($17.2M).

During 2022, Cameroon had a large net trade with Nigeria in the exports of Animal and Vegetable Bi-Products ($3.6M), Vegetable Products ($721k), and Textiles ($178k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Cameroon. Similarly, the more yellow a dot/product is, the more Cameroon has comparative advantage over Nigeria.

Product Space of Nigeria (Flag) and Cameroon (Flag) (2022)

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