Crude oil exports from Cameroon: data, top buyers and prices
In 2024, Cameroon exported crude oil worth $2.70 billion (4.59 million tonnes). Value rose 25% on 2023. Over 2017-2024 the trade grew strongly, by about 9% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Exports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $2.70B | 4.59M t |
| 2023 | $2.16B | 3.61M t |
| 2022 | $2.84B | 4.15M t |
| 2021 | $2.02B | 4.10M t |
| 2020 | $1.85B | 5.26M t |
| 2019 | $2.07B | 4.31M t |
| 2018 | $1.69B | 3.25M t |
| 2017 | $1.43B | 3.66M t |
Where Cameroon exports crude oil to
The largest buyer markets were China (28%), Malaysia (20%), Netherlands (19%). Among the main buyer markets, China grew fastest (+240% on the year before).
| Destination | Value | Share |
|---|---|---|
| China | $767.7M | 29% |
| Malaysia | $549.3M | 20% |
| Netherlands | $510.3M | 19% |
| Italy | $322.5M | 12% |
| Germany | $223.9M | 8.3% |
| United States | $136.9M | 5.1% |
| France | $97.7M | 3.6% |
| United Kingdom | $90.1M | 3.3% |
| Belgium | $0K | 0% |
Average export price per kg
The average declared value was about $0.59 per kg, close to the world average of $0.54.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Cameroon?
The shipment records behind Cameroon crude oil exports (HS 2709): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2709: Petroleum oils and oils obtained from bituminous minerals; crude.
Common questions
What is the value of crude oil exported by Cameroon?
Cameroon exported crude oil worth $2.70 billion in 2024, the latest year with complete public data, about 4.59 million tonnes. That ranks it 32nd of 138 countries worldwide, with 0% of world exports. The value was up 25% on 2023.
Which countries buy crude oil from Cameroon?
China was the largest buyer with 28% of the value ($767.7 million), followed by Malaysia (20%) and the Netherlands (19%). The top three together account for 68%, out of 9 buyer countries in total. China grew fastest among the top ten, up 240% on the year.
What is the average export price of crude oil per kg?
The average declared export value was about $0.59 per kg in 2024, 9% above the world average of $0.54 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have exports of crude oil from Cameroon changed since 2017?
Exports went from $1.43 billion in 2017 to $2.70 billion in 2024, an increase of 88%. The peak was 2022 at $2.84 billion. Over 8 years the average was $2.09 billion a year.
What is the HS code for crude oil?
The HS code for crude oil is heading 2709. In Cameroon all of this trade was declared under the six-digit code 2709.00. It sits in HS chapter 27 (mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes). The full list of codes and descriptions is on the HS 2709 page.
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Cameroon, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
See what your buyers are buying.Then decide.
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