Cameroon is one of the best-endowed primary commodity economies in Sub-Saharan Africa thanks to its oil resources and favourable agricultural conditions. Its main natural resources are petroleum, bauxite, tin ore, iron ore, timber, and hydropower. Despite the country’s oil endowment, agriculture still constitutes the major economic activity a priority in Cameroon, employing most of the adult population. The main crops include coffee, cocoa, cotton, rubber, bananas, and grains. Cameroon is a member of the Franc zone (CFA), which is a regional currency union with 14 member States. The country’s non-agricultural sectors are dominated by State-owned enterprises.
| GDP at Current Market Prices: |
16149.71 million US$ (2004) |
| Per Capita GDP: |
978.94 US$ (2004) |
| Share of Sectors in GDP: |
23.08% Agriculture, 16.0% Industry, 40.0% Services, (2003) |
| Total Exports: |
3169.41 million US$ (2003) |
| Total Imports: |
- million US$ (2004) |
| Major Exports Items: |
Crude oil and semi-processed petroleum products, lumber, cotton and coffee |
| Major Imports Items: |
Machinery and electrical equipment, fuel and foodstuffs |
| Major Trading Partners: |
France, Italy, Spain and Nigeria |
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