Trade between CMR and USA reached 294.5 bn CFA F in 2014

According to Derrin R. Smith, in charge of political and Economic Affairs at the Embassy of the United States in Yaoundé, trade between Cameroon and the US totaled 294.5 billion Cfa francs in 2014 ($487.7 million).

Specifically, U.S. exports to Cameroon dominate these exchanges with 303.3 million dollars (183 billion CFA francs), against 184.4 million dollars (slightly more than 111 billion CFA francs) for Cameroonian exports to the United States.

This is a deficit in the trade balance by an amount more of 71 billion Cfa francs against Cameroon. Despite the fact that, Derrin R. Smith, who was speaking during a roundtable meeting organized on March 25, 2015 in Yaoundé by the U.S. firm Motorola Solutions, noted that "in January 2015, Cameroonian exports to the United States have nearly doubled since January, 2014.

This weakness of Cameroonian exports to the United States cuts a recent study published by the Centre of analysis and research on economic and social policies (Camercap Park), which indicated that the U.S. market remains finally 'less explored" by the Cameroonian economic operators, despite the existence of Agoa, which aims to promote African exports to the United States.

The origin of this lack of interest for the American market, the study concluded, is the existence of non-tariff barriers that discourage many African economic operators.