(Business in Cameroon) - Cameroon’s Institute for statistics reveals that in 2017, the country imported 7.6 million tons of goods which amounted to CFA2,971.4 billion. Compared to the volume imported in 2016, this represents a decrease of 3.8% in value and 4.8% in quantity.
The institute further reveals that this result is due to the decrease of the revenues generated by the imports of products such as crude oil (-59.1%), electrical appliances (-35.9%), frozen fish (-31.5%), passenger vehicle (-16.8%) and milling products (-12.1%). The most exported products are oils (15.4%), fish and shellfishes (3.9%), cereals (10.1%) and mechanical appliances.
According to the figures, the revenues generated by the import of some products have increased. Those products are namely mechanical appliances (+7.7%), cereals (+24.5%), oils and lubricants (+95.6%), ceramics (+31.1%) and inorganic chemicals (+18.1%). As for the inorganic chemical, the volume of imports has more than doubled (+123.1%).