Foreign trade
The structural transformation of Cameroon's economy now calls for major changes. Drawing on the success stories of some emerging countries, the Government of Cameroon has made the import-substitution and export-promotion policies an integral part of its 2020-2030 National Development Strategy. These policies are designed to reduce imports by encouraging local production.
This reasoned choice is a response to Cameroon's need to boost and add value to its local production, while increasing its growth rate to better reflect NDS30 objectives. It will also help reduce the vulnerability of its manufacturing industry in the face of external crises and offset the deficit in its trade balance.
Furthermore, an analysis of the country's foreign trade patterns between 2013 and 2019 shows that the average recorded trade deficit was CFAF 1,126.8 billion, after peaking at CFAF 1,548 billion in 2019. It is therefore in keeping with NDS30 guidelines that the Government has opted for a policy aimed at reducing dependence on imports through the reinforcement of local production and the development of the comparative advantages of the national economy.
It was in response to this situation, and as part of the implementation of this import-substitution policy, that on 25 March 2025, Cameroon's Finance Minister Louis Paul Motaze, signed Order No. 00002814 establishing the list of animal feed supplements eligible for a 50% discount on their import taxable value, and which will be subject to the Import Verification Program (PVI). These include animal feed supplements such as vitamins A, D, E, B1, B3, B7, B9, B12, calcium, magnesium, potassium, zinc, iron, sodium bicarbonate, fish oil, omega-3 and 6, antioxidants, collagen, probiotics and prebiotics.
Source: (Circular Letter No.00002814 establishing the list of animal feed supplements eligible for a 50 % discount on their import taxable value ...)