General

New Opportunities for International Trade! Africa is a region with diversified consumption levels in the world. Africa is located in the western part of the Eastern Hemisphere, adjacent to the two oceans. Its land area accounts for 20.4% of the total land area of the world. With 54 countries, Africa is the second largest continent in the world in terms of area and population, with a population of about 1.285 billion and a huge consumer market.

However, due to the large number of countries, the control of resources is relatively decentralized, ranging from steel and aluminum, machinery and equipment, grain, electric vehicles, mobile phones, handicrafts, to daily necessities such as baby diapers, daily necessities, especially plastic products, gifts, decorations, lighting, etc. are all products in great demand in Africa.

In the face of such a large data base in Africa, the assistance of national policies has greatly promoted the development of China's cross-border trade, especially under the influence of the national strategic blueprint of the "the Belt and Road", Africa, an emerging international trade market, has become a new favorite and ideal place for domestic and foreign traders. According to the data of the Ministry of Commerce, the bilateral trade volume between China and Africa will reach 254.2 billion US dollars in 2021, with a year-on-year growth of 35%, reaching a new high since 2014. China has been Africa's largest trading partner for 13 consecutive years. With the growth of mobile users, the future development potential of the African e-commerce international trade market is out of control.

Before, almost all products from Europe and the United States were used in Africa. In recent years, Chinese products have gained popularity in Africa. The consumption habit of Africans is to buy brand products, but many Africans know little about external brands. Therefore, the commodities newly entering the African market have the opportunity to establish their own brands and audience groups in a relatively short time, and occupy the African market in advance.

The fertile land of Africa's foreign trade market is about to be explored, and a large number of foreign traders have entered or are planning to enter this blue ocean to carry out business layout and seek gold development. If you also want to open up the African market, you must "suit the remedy to the case" when doing international trade import and export in Africa. If you successfully conquer one of 54 countries, you can occupy a seat in this huge market. Today, Huacheng Chuangzhi will tell you about Cameroon, a powerful country in Central Africa.

Cameroon is one of the founding countries of the African Union and plays an important role in the political and economic fields of Africa, especially in sub Saharan Africa. The total land area is 475442 square kilometers, equivalent to the area of Sichuan Province in China, with a population of 24.1 million. Although the place is small, it has more than 200 ethnic and linguistic groups, and all ethnic groups here live in relative harmony.

As a member of the Central African Economic and Monetary Community, Cameroon's economy accounts for a large proportion of the total economic output of the Community and is one of the political and economic powers in Central Africa. In August 2016, Cameroon signed a free trade agreement with the European Union. Over the years, East Asian countries (especially China, Japan, India and Thailand) have been strengthening their international trade relations with Cameroon.