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Trade: 49 Per cent Rise In Cameroon’s Exports To China

In the first four months of 2019, Cameroon exported $329.8 million (about FCFA193 billion) of goods to China. According to figures revealed by Chinese customs, these exports represent a 49 per cent year to year rise compared to the $221.2 million (circa FCFA 128.4 billion) of goods exported to China in January-April 2018. Overall, Cameroon’s exports to China have been increasing since 2018. That year, exports surged to reach $1.095 billion. This was a substantial rise compared to the $556.3 million of goods exported to China in 2017. The rise was likely due to the commissioning of the Hilli Episeyo floating Liquefied Natural Gas (LNG) unit which went operational in March 2018 and delivered its first load of LNG to China on June 14, 2018. 

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