Nigerian exports to Cameroon increases

Exports from Nigeria to Cameroon increased by 36 percent in 2014, while those of Cameroon to Nigeria, over the same period, stood at 24 per cent,representing a deficit rate of 12 per cent for Cameroon.

A trade deficit according to officials of the Chamber of commerce, industry, mines and crafts (CCIMA) due to "the rigidity of standards on certain products imposed on the borders of Nigeria.

Officials of the two countries are in conclave in Douala, in the context of the establishment of a platform between Cameroon-Nigeria economic operators, the purpose being to boost economic exchanges and trade between the economic power of the African continent and the locomotive of the economy in Central Africa.

Nigeria exports to Cameroon of products such as cosmetics, textile, spare parts for vehicles, electronics and appliances, while Cameroon to Nigeria exports consist of food, cotton, rubber.

However, it is difficult to assess just exchanges between the two countries due to a high level of informal trade, not to mention the fraud and smuggling occurring along the 1500 Km of border shared by Cameroon and Nigeria.

That is to say that despite the insecurity maintained in the far north of Cameroon by the Nigerian sect Boko Haram, the two neighbours continue to strengthen economic exchanges.