2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH
47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH
10.8%CURRENT US$
Rnk 113 / 186

About

Armenia-Cameroon Trade: In 2021, Armenia exported $1.46k to Cameroon. The main products that Armenia exported to Cameroon were N/A. Over the past 5 years the exports of Armenia to Cameroon have decreased at an annualized rate of 50.1%, from $47.4k in 2016 to $1.46k in 2021.

In 2021, Armenia did not export any services to Cameroon.

Cameroon-Armenia Trade: In 2021, Cameroon exported $301k to Armenia. The main products that Cameroon exported to Armenia were Coffee ($275k), Veneer Sheets ($14.7k), and Video Displays ($6.58k). Over the past 5 years the exports of Cameroon to Armenia have increased at an annualized rate of 33.8%,  from $70.4k in 2016 to $301k in 2021.

In 2021, Cameroon did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Armenia exported $1.46k to Cameroon. There were not main exports from Armenia to Cameroon in 2021. During the last 5 years the exports of Armenia to Cameroon have decreased at an annualized rate of 50.1%, from $47.4k in 2016 to $1.46k in 2021.

In 2017, Cameroon exported $301k to Armenia. The main products exported from Cameroon to Armenia were Coffee ($275k), Veneer Sheets ($14.7k), and Video Displays ($6.58k). During the last 5 years the exports of Cameroon to Armenia have increased at an annualized rate of 33.8%, from $70.4k in 2022 to $301k in 2017.

Exports from Armenia (Flag) to Cameroon (Flag) (2022)

Exports from Cameroon (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Cameroon (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Cameroon
Top Destination
Netherlands$1.31B

This map shows whether countries import more from Armenia or Cameroon. Each country is colored based on the difference in imports they receive from Armenia and Cameroon or the difference in the growth in imports.

In 2022, countries that imported more from Armenia than Cameroon included Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

In 2022, countries that imported more from Cameroon than Armenia included Netherlands ($1.31B), France ($1.02B), and India ($974M).

Difference in imports from Cameroon (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Cameroon

Flow
Scale

This chart compares trade between Armenia and Cameroon by product, considering products traded by both, Armenia and Cameroon.

During 2021, Armenia had a large net trade with Cameroon in the exports of .

During 2017, Cameroon had a large net trade with Armenia in the exports of Vegetable Products ($276k), Wood Products ($14.7k), and Machines ($6.58k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Cameroon+$2.14kTelephones
Top Product Potential Cameroon Armenia+$81.6kCoffee

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Armenia and Cameroon. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Cameroon. Similarly, a dot/product with the flag of Cameroon indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Cameroon (Flag) (2022)

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