10 trade partners account for 77% of Cameroon’s exports in 2023 (INS)

Cameroon’s export landscape shows a significant concentration, with just 10 major clients accounting for 77.1% of the country’s exports, according to the latest Foreign Trade Report from the National Institute of Statistics (INS) released on May 8. These major clients, including the Netherlands, France, India, China, Chad, Italy, Bangladesh, Indonesia, Spain, and Belgium, collectively purchased 5,588.7 tons of goods from Cameroon, totaling FCFA2,304.7 billion in 2023. The total value of Cameroon’s exports reached FCFA2,988.6 billion across all 133 client countries last year. Leading the pack in 2023, the Netherlands claimed a substantial 23.2% market share, importing goods worth FCFA693.7 billion…