Cameroon

Cameroon

Agriculture in Cameroon is a key sector of the economy, employing 42.2% of the population and accounting for about 17.0% of GDP. The country's agriculture has been actively developing in recent decades, but a number of factors prevent a significant increase in productivity
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Cameroon's economy is the largest among the States of the Economic and Monetary Community of Central African Countries (CEMAC). Cameroon accounts for more than half of the population of CEMAC and about 40% of the total GDP of the community countries.
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Cameroon's economy is one of the most developed economies in Tropical Africa.

70% of the working-age population is employed in agriculture, which accounts for about 22% of GDP. 3 out of 7.5 million hectares of land suitable for cultivation are being cultivated. Avocados, peanuts, bananas, rice, yams, taro, sugar cane are grown. One third of the land is occupied by export plantation crops — cocoa, coffee, cotton, tea, hevea. Animal husbandry is poorly developed, forestry is better developed: there are many valuable tree species — azobe, bibelo, bilinga, ngolon. Deforestation has led to desertification in several regions of the country.

The share of industry in GDP is almost 30%. The mining industry is developing intensively — natural gas and oil, bauxite and limestone are being extracted. In 2018, oil production was launched offshore Cameroon.
Despite the fact that oil provides up to 30% of export earnings, oil production in Cameroon continues to decrease due to the "aging" of fields.

Cameroon has a developed manufacturing industry: up to 40% of the country's harvested wood is processed in Cameroon, there are plants in the food industry for the production of beverages, sugar, etc., textile, chemical and pharmaceutical. Traditional crafts are preserved: bone and wood carving (wooden masks), making figurines from bronze and copper, embroidery with beads.

99% of the electricity in Cameroon is generated by hydroelectric power plants. The largest hydroelectric power plants are located on the Sanaga and Lagado rivers.

Export items: crude oil, timber and lumber, cocoa beans, gold, bananas and other fruits, aluminum, other agricultural goods and raw materials. The main buyers are China, Italy, the United Arab Emirates, France and the Netherlands.

Import items: Machinery and equipment, food products, including rice, fish and wheat; refined petroleum, packaged medicines, as well as other chemical and metallurgical finished products. The main suppliers are China, France, Italy and Thailand.