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Cameroon transport imports reach CFA375 bln in 2024, driven by tariff cuts
['Business In Cameroon', 'Economie', 'Banking', 'Energy', 'Comms', 'Media', 'Law', 'Insurance', 'Public Management']
Business in Cameroon
(Business in Cameroon) - Imports of transport equipment into Cameroon reached CFA375 billion in 2024, up 76.8% compared with CFA212.1 billion in 2019, according to the latest national accounts published by the National Institute of Statistics (INS).
Customs data show that the EU, China, and the United Arab Emirates (Dubai) are the main sources of vehicle imports into Cameroon.
Tariff reductions under EPAUnder the EPA, tariff cuts on so-called “Group 2” products — including trucks and trailers — began in Cameroon on August 4, 2017, with a 15% annual reduction in duties.
By 2023, these imports from the EU and the UK were fully exempt from customs duties, helping drive the rise in transport equipment imports.
China strengthens its positionBeyond tariff cuts for EU and UK vehicles, higher imports also reflect growing purchases from China, which is not part of the EPAs.
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