Cameroon Economy  

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CAMEROON
Budget: Income ............... $2.23 Billion
Expenditure ....
$2.23 Billion

Main Crops:
Coffee, cocoa, cotton, rubber, bananas, oilseed, grains, root starches; livestock; timber

Natural Resources: Petroleum, bauxite, iron ore, timber, hydropower

Major Industries:
Petroleum production and refining, food processing, light consumer goods, textiles, lumber

GDP (2002): $10.1 billion.
Annual growth rate (2002): 4.0%.
Natural resources: Oil, timber, hydroelectric power, natural gas, cobalt, nickel.
Agriculture (2002): 27% of GDP. Products--timber, coffee, tea, bananas, cocoa, rubber, palm oil, pineapples, cotton. Arable land--2003 Agricultural Ministry estimate -- 30%.
Manufacturing (2002): 30% of GDP.
Services (2002): 43% of GDP.
Trade (2002): Exports--$1.8 billion (2002): crude oil, timber and finished wood products, cotton, cocoa, aluminum and aluminum products, coffee, rubber, bananas. Major markets--European Union, CEMAC, China, U.S., Nigeria (informal). Imports--$1.9 billion (2002): crude oil, vehicles, pharmaceuticals, aluminum oxide, rubber, foodstuffs and grains, agricultural inputs, lubricants, used clothing. Major suppliers--France, Nigeria, Italy, U.S., Germany, Belgium, Japan.

NATIONAL GNP