(Business in Cameroon) - According the Moroccan Delegate Minister of Industry, Foreign Trade, Investment and Digital Economy, Mohamed Abbou, trade between Morocco and Cameroon reached 51 million dollars (approximately 25.5 billion FCfa) in 2013, compared to 24.2 million dollars (around 12 billion FCfa) in 2007. This marks a 100% increase in 6 years.
However, “trade, which remains largely undiversified, remains beneath the potential and ambition of each country,” explained the above-mentioned cabinet member of the Moroccan government, quoted in Le Matin in New York.
Mr Mohamed Abbou indicates that Moroccan imports from Cameroon are limited to wood, cotton, fresh bananas, coffee and cocoa, while exports to Cameroon comprise three groups: paper and cardboard, electrical machinery as well as technical appliances and fertiliser.