Economics

Cameroon Import and Export statistics

Cameroon is, going by the latest estimates, home to over 29 million people. A large and fast-growing economy. It is rapidly changing its economy from mostly based on small farming to an advanced economy.

As such, it is expected that there is a great demand for different types of imports. Looking at the general imports is not as useful, as a lot of the sectors for imports are just too diverse. Zooming in into the details, we can see that a large part of the imports are Scrap Vessels, Rice, and Medicine.

Cameroon is one of the largest importers of scrap vessels – presumably for dismantling or repair, and the largest importer is their neighbour Nigeria.

Imports by sector
Imports by sector large sectors only

The major import of Rice – a staple food in the region – is mostly supplied by Thailand.

The medicine imports mostly come from France – a long-standing trade partner, China and India.

From the smaller but important imports, we have cars that are mostly imported from Europe and the US. While tractors and motorcycles arrive from China.

Imports by country

The imports arrive from different countries. China is the largest importer of mixed goods.

Most of the trade with Nigeria is in the Scrap vessels market.

France and Belgium import diverse products, mostly due to their language.

Exports are essential to offset the large demand for imports. Cameroon has a large imbalance. In 2019, Cameroon exported $5.21 billion of goods and services and imported $6.07 billion, resulting in a negative trade balance of $86 million, according to Massachusetts Institute of Technology statistics. According to OEC, Cameroon Exported $3.69 billion in 2020 and imported $6.73 billion.

By far the largest Export is Crude Petroleum and Petroleum gas, followed by Cocoa in the form of beans, butter and paste. When it comes to materials, Wood, gold and Aluminium are important. And Bananas take a large chunk of exported foodstuff.

Exports by category in 2019
Exports by country in 2019

Looking at the counties Cameroon is trading with, Cameroon has a strong trading partner for gold in the UAE. A monopoly that should perhaps be taken on. Wood is mostly exported to China, with processed wood – that should reach greater added value – finding their market in Europe. That is also the main market for Bananas, Cocoa. The last important export is Aluminium, exported mostly to Europe.

Pek Automotive: Re-imagining the future of Agriculture and Rescue.

Pek Automotive is a new brand of agricultural machinery that is focused on environmentally friendly design and advanced AI operation.

They develop a wide range of low voltage autonomous electric vehicles, as well as technology and applications, to use in farming and rescuing. Purely electrical autonomous vehicles can save time and human resources. To prove this concept, they launched the production of their headliner, the autonomous electric agricultural system Slopehelper. With zero emission, a highly-intelligent radar system, and an independent differential GNSS, the Slopehelper presents an innovative and unique approach to the contemporary idea of sustainable horticulture

The technology is based on their state-of-the-art R-WAWE Autonomous platform. It enables them to integrate several sensors(radar, vision, GNSSs) and actuators (diggers, pickers, weeders). The system is extremely efficient in “Plantations” – regularly organized crop surfaces where it is easy to program the machine and let it do repetitive tasks such as watering, inspecting weeding, or pruning.

https://youtu.be/m8x–kMYsP0

The Slopehelper is a multipurpose, autonomous vehicle with an electric motor. When the versatile platform is connected to hinged equipment, it automates work in vineyards and orchards. The Slopehelper covers the entire agricultural cycle and is used for tillage, fertilization, pruning, and, spraying fruit crops and vineyards. It is a perfect replacement for harvesters and orchard mowers. Artificial intelligence technology and innovative radar system allow users to use the vehicle regardless of the time of day successfully.

Very long service period and enormous lifetime

The Slopehelper’s drive train electronically controlled V-belt CVT without a clutch! It’s possible because e IntEn inverter has a unique switching technology that provides high thrust with zero RPM of the electric motor. This drive of the Slopehelper provides transmission long life and a huge benefit for the belts.

The timing belts which we use are resistant to extreme weather conditions and suitable for temperatures from -40 to +80 C°. Their main feature is that they do not stretch because of the carbon tension members and therefore can be used as a replacement for chain drives. This is very cost-effective and maintenance-free, reducing product price and the cost of further maintenance. This whole system significantly reduces the amount of different spare parts from different suppliers.

With Slopehelper, you reduce your operating costs ie vineyards or orchards by at least three/four times in comparison to using a conventional tractor. This comparison is made between a new narrow tractor and the Slopehelper autonomous configuration. The calculation in the first part is made for the initial investment of the first year.

Caterpillars

The Slopehelper is not your ordinary tractor – the Slopehelper’s caterpillars equally distribute weight, which in turn equally distributes soil pressure. Even with a distinctly small size and a high total mass, the Slopehelper provides smaller pressure for soil. A simple and reliable design based on ball thrusts and leaf springs provides a low level of amortization and high resistance to damage. Using ordinary car leaf springs allows great suspension, even when the vehicle is loaded to maximum payload.

©SLOPEHELPER and ©PeK Automotive

Slovenian Agriculture

After the second world war the slovenian agriculture is taking a gradual but constant shift. In the beginning of the second half of the 20th century most of the population was relying on farming as their main source of income supplemented by tradesmen activities during the down period.

This gradually changed as the push for industrialization drove people from the farms into cities that offered better living. The government encouraged farming innovation by establishing cooperatives (Zadruge) where traditionally small farmers could borrow machinery in order to increase their productivity. The general layout of Slovenia does not promote large scale food production that is prevalent in most of the modern world. Even with merging of farms, increase in mechanisation and advances in other fields the farming is not a profitable business and a large portion of the population maintains farms as a secondary activity subsidising their income from the regular job. At present only about 5% of the population is reliant on farming for their income. And this is with subsidies offered by the EU for their work – these provide a major incentive for continuing in the field that would otherwise be too expensive to work with.

There is however an interesting and relatively large class of people who work a full time job but maintain a small farm in order to reduce their daily expenses. These are usually children of farmers, who inherited the land from their parents who also invested in the equipment.

The hallmark and the simbol of these farmers is perhaps the tractor. (Tomo Vinkovič)

These humble looking tractors, first produced in 1976 are incredibly robust and versatile. The production of these tractors stopped in 1989. But even more than 30 years later they are still the most common tractor in slovenia. They offer a lot of versatility due to the modifications done by the farmers who in order to reduce costs modified their horse and oxen driven implements to attach to these “beasts of burden”.

Due to specificity of the land the government put a lot of emphasis on the education of their farmers establishing a specialised Faculty in 1947 (Directly after the end of WW2). The Faculty has been focused on innovation, establishing several new cultivars that suit the Slovenian climate. Due to the changes in the environment – dryer summers – they are trying to develop specific drought resistant crops.

Prognosis:

Slovenian agriculture is on one hand behind in development due to fractalization – a lot of small farms that are not sustainable on their own. Because of this it is – on average – a few decades behind the neighbouring countries. But this is not necessarily a bad thing. Newer technologies that are gaining traction in the opposite side of the spectrum could be implemented extremely efficiently on these smaller plots of land that emphasise automation on a smaller scale. It is expected that a large sector of the industry could be established that would embrace a high level of automation on a small scale. This scale enables people to implement sustainability practices that provide long term goals, emphasise natural fertilisation and enable smaller productive farms with specific goals.

Chances for cooperation: 

Slovenia is running a food production deficit, producing only around 80% of the food it requires. This and the fact that it has an access to its port makes it a good candidate for food imports. The food must however keep in line with the EU standards. A cooperation on this level would mostly be feasible in the non perishable goods. Investments in the canning industry in Cameroon that would transport its produce to Slovenia would gain a lot of traction. Slovenia is also a good candidate for import of frozen fish – as these are relatively expensive due to history of overfishing and lack of facilities that would grow fish on an industrial scale. 

On the export side, Slovenia is a good candidate to export knowledge and farming equipment. A large pool of used farming equipment can be bought and refurbished to function in Cameroon giving a major boost to the farming communities. Slovenia also has several specialised farming equipment producers that produce durable but simple farming equipment that could be modified to meet the needs of the farming communities. This could take the form of direct equipment exports or more likely investment in building industries in the region that could produce farming equipment for the extended region. 

The practical knowhow of the farmers combined with the advanced knowledge of the faculty could also be harnessed for good effect to develop new farming communities focused on sustainability and producing better and more diversified farming practices.

However you look at it. Farming is in dire need of advancement in both countries. And while the crops grown in them are completely different from one another, lessons learned in one can be translated to the other. Slovenia is facing problems that have been faced by the Cameroonian population for decades and should look to them for answers and adaptation. On the other hand it is expected that Cameroon will undertake similar urbanisation trends as Slovenia did in the 1960-1990 and studying what happened is an important lesson for the burgeoning Cameroon state. 

Slovenian Tech industry

Slovenia is investing quite heavily in technology. It is one of the fields where the Slovenian youth feels they can make a success for themselves. This is evidenced by several successful tech companies of different sizes, fields and goals.

Due to the small size of the market most of the modern tech industry is focused on export.

STEM fields are as usually the fields where the most innovation is taking place. While in the past innovation was driven by larger companies nowadays smaller more agile teams are overtaking the field and are bought out when they reach a certain level of success.

The main barriers are – as always – lack of finance, lack of experienced workforce and lack of understanding of failure.

Fintech and ERP software 

A large part of the Information technology industry in Slovenia is focused on the Financial and Business sector. Even if the Slovenian sector is small, companies must follow Slovenian laws when filing their data so a lot of bookkeeping software was developed in the early 90s. Most of the products did not succeed in the long term but some did. Others focused on taking already existing software and adapting it to the needs of their customers. This usually proved to be more effective.

The exception are large financial institutions who almost always rely on specialised software developed from ground up. Because of this most of the banks create their private solutions and were one of the early funders of the Slovenian android app industry seeing the need to encourage developers to familiarise themselves with the platform so they could later outsource their software to them.

Similar story exists in the broad ERP sector. Companies are free to choose their software and there are a plethora of small companies that deal with upgrading the systems to the specific needs of the company, offer training etc.

Manufacturing technology

On the more physical level. Electrical industry is a large part of the industry. While there is no chip manufacturing in the country there are many factories that produce anything from surge protectors to power tools, EV engines, turbines, transformers, and electrical grid monitoring systems.

Machining and metallurgy are also important sectors. Here a lot of effort is being spent in establishing CAD and CAM systems. This puts additional training requirements on the manufacturing workers, but pays off in the long run with more consistent parts and more reliable products.

There are several companies that specialise in Quality control. Most of them use computer vision and other measuring systems to control the output of the manufacturing. These systems, while costly, usually result in more consistent results in manufacturing, so the overall quality of production goes up and the company can charge a premium for their products.

Other technology sectors

There are several other companies that succeeded. Bitstamp – a cryptocurrency trading platform, Autfit7 – game developing studio,  Guardians – Military simulation systems, ORYX Gaming – platform for iGaming (gambling) systems, Pipistrel – Ultralight aeroplane manufacturing, etc.

Chances for cooperation

The IT industry is perhaps the most versatile. The lack of qualified personnel is a draw for Slovenian companies to outsource their development to other countries. Language is usually not a barrier, as due to the small size English is a mandatory language in slovenian schools, and english entertainment is readily consumed by all so basic English is part of most peoples vocabulary.

On the other hand Slovenia has a lot of experience in developing and maintaining software so their experience could be of great value when digitalization of the Cameroonian government will be attempted. 

Cameroon the “Africa in miniature”

Cameroon is strategically positioned between West and Central Africa. With the rough size of Spain and nearly 25 million people it makes it relatively sparsely populated. But on the other hand the fact that around half of its population lives in the metropolitan areas puts it in a prime position to develop industry and commerce.

Cameroon is subdivided into ten major regions. Douala the economic capital and the biggest port in the country, Yaounde the political and administrative capital.

Based on the colonial history of Cameroon. It was “discovered” by Portuguese explorers in the 15th century and named Rio dos Camarões (Shrimp River). At the end of the 19th century it became a German colony (Kamerun). After WWI the country was divided between France and the United Kingdom.

Cameroon, as we know it, was established when in 1960 the French part became independent. It was joined by the Anglophone region in 1961 forming a Federal republic – with both parts keeping a semblance of independence. In 1972 the federation was abandoned. The proverbial disdain between the Englikanized and Frankofonized population continues to this day and has recently escalated to a civil war recognized by the US.

The governmental power stems from the president (H.E.Paul Biya aged 89 since his first election in 1982). He appoints government officials at all levels, from the prime minister (considered the official head of government), to the provincial governors and divisional officers.

The Legislative branch is divided into the National Assembly and the Senate, however both at present hold only nominal power.

The constitution divides Cameroon into 10 semi-autonomous regions, each under the administration of an elected Regional Council. Each region is headed by a presidential appointed governor.

The government recognizes the authority of traditional chiefs, Fons, sultan and Lamibe to govern at the local level and to resolve disputes as long as such rulings do not conflict with national law.

The president appoints judges at all levels. Cameroon’s legal system is a mixture of civil law, common law and customary law.

Unsurprisingly Cameroon is rife with corruption – Transparency International ranked Cameroon 152 on a list of 180 countries in 2018. Although press freedoms have improved since the first decade of the 21st century, the press is corrupt and beholden to special interests and political groups.

This is however expected to change, as the population is getting more and more educated. Cameroon has one of the highest school attendance rates in Africa. In 2013, the primary school enrollment rate was 93.5%. Secondly, cell phone networks and Internet providers have increased dramatically since the first decade of the 21st century and are largely unregulated. This indicates large potential for businesses focused on modern marketing and communication.

Cameroon has had a decade of strong economic performance, with GDP growing at an average of 4% per year. Uniquely among the growing African countries this is not facilitated by large scale exploitation of natural resources. Cameroon possesses substantial mineral resources, but these are not extensively mined. Petroleum exploitation has fallen since 1986, but this is still a substantial sector such that dips in prices have a strong effect on the economy – which would presume that the near future will see large possibilities for investment by local companies. 

It is still largely an agricultural nation. An estimated 70% of the population farms, and agriculture comprised an estimated 16.7% of GDP in 2017. Large numbers of Cameroonians live as subsistence farmers. Soils and climate on the coast encourage extensive commercial cultivation of bananas, cocoa, oil palms, rubber, and tea. Inland on the South Cameroon Plateau, cash crops include coffee, sugar, and tobacco. Coffee is a major cash crop in the western highlands, and in the north, natural conditions favor crops such as cotton, groundnuts, and rice. Production of Fair-trade cotton was initiated in Cameroon in 2004. The southern rain-forest has vast timber reserves, estimated to cover 37% of Cameroon’s total land area. However, large areas of the forest are difficult to reach.

Factory-based industry accounted for an estimated 26.5% of GDP in 2017. The government has taken measures to encourage tourism in the country which also indicates possibilities for investment. But care should be taken when doing so, as a “hands and eyes on” approach is required. 

Cameroon’s relatively large and diverse population is also diverse in its contemporary fashion. Traditional arts and crafts are practiced throughout the country for commercial, decorative, and religious purposes. Wood carvings and sculptures are especially common. The high-quality clay of the western highlands is used for pottery and ceramics. Other crafts include basket weaving, bead-working, brass and bronze working, calabash carving and painting, embroidery, and leather working. All these sectors are ripe for investment and export, but must be curated so as to meet the demands of the fickle western market hungry for exotic and diverse items.