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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe latest national report on Cameroon's foreign trade indicates that the country's trade deficit deteriorated by 7.5% in the first half of 2021 compared to the same period a year earlier.
The document indicates that this trend results from the increase (15.4%) in import expenditure between the two periods, the increase (21.5%) in export earnings recorded during the first 6 months of the ending year. failed to cover the gap. Excluding crude oil, the country's trade balance deficit worsened by 15% compared to the first half of 2020, with imports mainly consisting of transport equipment (60%), pharmaceutical products (34%), machinery and mechanical or electrical appliances (26%), rice (21%), wheat and meslin (17%). With regard to export earnings, up 21.5%, they are mainly represented by crude petroleum oils (39%), raw cocoa beans (13%), liquefied natural gas (9%) , sawn wood (7%), raw cotton (7%) and logs (4%).
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