Cameroon, Morocco trade hits record $88 million this year
Commercial exchanges between Cameroon and Morocco have risen to a record $98 million this year in what is being attributed to cordial relations between the two countries according to statistics from the Chamber of Commerce, Industries, Mine and Arts (CCIMA) of Cameroon.
The information was revealed during a meeting between the management of CCIMA and Moroccan economic operators, gathered at the French Chamber of Commerce and Industry of Morocco (CFCIM), undertaking a prospection mission in Cameroon.
“Moroccans want to establish partnerships with Cameroonian companies and in the long term set up in Cameroon (…) The sectors we are targeting among others are the food industry, civil engineering (BTP in French), electricity, mining, etc.”, assured Amal Belkhemmar, head of the delegation.
For the moment, Cameroonian exports to Morocco mainly comprise products such as wood, cotton, fresh bananas, coffee and cocoa; while Morocco exports to Cameroon carton, electrical equipment or fertilisers.
