Economic Profile of Cameroon in ONE minute

An overview of Cameroonian economy
Cameroon is located along the Atlantic Ocean, sharing its borders with the Central African Republic, Chad, Equatorial, Guinea, Gabon and Nigeria. The country’s total are is 476 000 km2 and population is about 27 224 million.
Despite having the most diversified economy among central African countries, Cameroon was hardest hit by the COVID-19 pandemic in 2020. Real GDP contracted by 2.4% in 2020. The projected growth rate for the country in 2021 is 3.6%.
In 2019, the most exported product was oil (41, 8%), followed by cacao (12, 1%).
In 2019, the Cameroonian exports were directed to China (18, 4%), Netherlands (12, 8%), Italia (12, 2%), India (11%), USA (5, 9%) and Spain (5, 7%). And the imports were coming from China (16, 1%), France (8, 1%), Togo (6, 6%), Nigeria (6, 3%), Belgium (5, 7%) and Thailand (4, 2%).
Cameroon is Member State in the Economic and Monetary Community of Central Africa (CEMAC). The level of Intra-CEMAC trade is low; in 2019, CEMAC countries represented, in 2019, only 6, 6 % of Cameroonian exports.
Cameroon will be hosting from January 2022 the African Cup of Nations (CAN 2021), from which it can gain economic externalities.
https://www.worldbank.org/en/c....ountry/cameroon/over
https://www.afdb.org/en/countr....ies-central-africa-c
https://www.tresor.economie.go....uv.fr/Articles/cea11
https://www.imf.org/en/Countries/CMR