According to resources, the total export to Cameroon from India reached an estimated revenue of more than $550 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million | 2020-2021 | 2021-2022(Apr-Dec) |
India Export to Cameroon | 279M | 298M |
India Import from Cameroon | 202M | 363M |
Total Trade | 481M | 661M |
Cereals, Iron & Steel and Pharmaceuticals are the major exported products from India to Cameroon at the present moment.
The E-commerce market in Cameroon is rising with a good growth rate and the main reason behind this development is the Internet penetration rate which has reached more than 36% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Cameroon market whether through offline channels or online selling platforms & marketplaces in Cameroon.
Useful resources