Exports
Cameroon generated over 86% of its export revenues from eight (8) products in 2019, according to a recent report published by the National Institute of Statistics (NIS).
The first of the products was crude oil, which provided 41.8% of the country’s export revenues during the period. After crude oil (whose production has become increasingly dynamic in Cameroon in recent years) is cocoa, which provided 12.1% of overall export revenues.
Next was liquefied natural gas (LNG) with 11% of export revenues. Cameroon started exporting LNG in 2018 after the commissioning of Hili Episeyo, the second floating LNG plant in the world. The fifth product was sawn timber (7%) while raw timber (3.6%), cocoa derivatives (3.3%), and raw aluminium (2.4%) came respectively sixth, seventh, and eighth, the report indicates.
(Source : (Résumé) Journal en ligne Investir au Cameroun du 28 août 2020)