RESTRICTEDWORLD TRADE
ORGANIZATIONWT/TPR/G/87
20 June 2001
(01-2948)
Trade Policy Review Body Original: French
TRADE POLICY REVIEW
CAMEROON
Report by the Government
Pursuant to the Agreement Establishing the Trade Policy Review Mechanism
(Annex 3 of the Marrakesh Agreement Establishing the World Trade
Organization), the policy statement by the Government of Cameroon is attached.
Note: This report is subject to restricted circulation and press embargo until the end of the meeting of
the Trade Policy Review Body on Cameroon.Cameroon WT/TPR/G/87
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TABLE OF CONTENTS
Page
I. HISTORICAL BACKGROUND TO CAMEROON'S ECONOMIC
SITUATION 5
II. OVERVIEW OF THE CAMEROONIAN ECONOMY 5
III. MAJOR REFORMS 6
(1) REFORM OF THE LEGAL AND INSTITUTIONAL FRAMEWORK FOR BUSINESS 6
(2) ECONOMIC LIBERALIZATION PROCESSES 6
(3) SECTORAL REFORMS 7
1. Financial sector reforms 7
(a) Banks 7
(b) Insurance 7
(c) Foreign exchange 8
2. Reform of the tax and customs systems 8
(a) Customs 8
(b) Taxation 9
3. Labour market 9
4. Telecommunications 9
5. Transport 9
6. Petroleum 10
7. Agriculture 10
8. Forestry and the environment 10
(4) OUTLOOK FOR THE CAMEROONIAN ECONOMY 11
1. Macroeconomic policies 11
2. Sectoral policies 11
IV. IMPLEMENTATION OF THE MARRAKESH AGREEMENTS 12
(1) AGREEMENT ON AGRICULTURE 13
(2) CUSTOMS VALUATION AGREEMENT 13
(3) AGREEMENT ON TECHNICAL BARRIERS TO TRADE 13
(4) AGREEMENT ON SANITARY AND PHYTOSANITARY MEASURES 14
(5) AGREEMENT ON TRADE -RELATED ASPECTS OF INTELLECTUAL PROPERTY
RIGHTS (TRIPS )1 4
APPENDIX TABLES 15Cameroon WT/TPR/G/87
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I. HISTORICAL BACKGROUND TO CAMEROON'S ECONOMIC SITUATION
1. The Cameroonian economy enjoyed sustained growth and positive results for over two
decades owing to the steady development of industrial production and agricultural exports and, as of
the second half of the 1970s, the exploitation of petroleum resources.  For about a decade, Cameroon
achieved an average annual growth rate in real terms of about 7 per cent.
2. However, from the 1985/86 fiscal year onwards, the country experienced a dramatic decline
in export earnings following the slump in the pric es of its main export products (coffee, cocoa and
cotton), including petroleum.
3. The economic situation began to deteriorate from this point onwards.  Growth rates were
negative between 1985 and 1994 and the economy sank into a deep recession.
4. In an endeavour to confront this crisis, the Government implemented internal adjustment
policies, reinforced by the currency adjustment introduced in January 1994.  As the crisis persisted,
the Government, with the assistance of its bilateral and multilateral partners, subsequently introduced
a Three-Year Economic Programme (1997/2000).
II. OVERVIEW OF THE CAMEROONIAN ECONOMY
The country's overall economic situation is as follows:
Table 1
Summary of Cameroon's economic situation:
Average GDP 5,187.2 billion CFA francs
Average growth rate 4.74 %
Average inflation rate 3.52 %
Average current account deficit -3.44 %
Source:  Table A.1
5. Imports and exports have shown a constant upward trend, climbing to
CFAF 1,084,509 million and CFAF 881,782 million in 1997 and 1998 respectively.
6. The country's trade balance has remained positive throughout, a factor which could stimulate
exports.
7. Petroleum is the country's top export product: a total of 5,939,200 tonnes, for a value of
CFAF 266,616 million, was exported in 1998/1999.  Petroleum exports have a significant influence
on the trade balance.
8. From 1995 onwards, Cameroon's major trading partners, in order of importance, have been
Italy, France and Spain.
9. Cameroon is endowed with a wealth of tourism resources and has developed several different
kinds of tourism:  seaside, water sports, cultural activities, safaris, hunting, mountaineering, horse-
riding, spa cures and business conferences.WT/TPR/G/87 Trade Policy Review
Page 6
10. Cameroon has seven national parks, the most important being Waza which is particularly
representative of African fauna.
11. Cameroon also boasts 250 ethnic groups, making it a culturally very rich country.
12. The two major cities, Douala and Yaoundé, are both home to a luxury international hotel
infrastructure and the country has 120 accommodation establishments (6,984 beds), 193 catering
establishments and 40 tourist agencies.
13. The road network is well developed and good communication routes link the major cities.
14.  A draft tourism investment code is being drawn up and includes greater facilities for both
domestic and foreign investors.
III. MAJOR REFORMS
(1) REFORM OF THE LEGAL AND INSTITUTIONAL FRAMEWORK FOR BUSINESS
15. The Government has instituted a reform of it s legal and judicial system with a view to
improving the business environment and attracting foreign direct investment.
16. Cameroon's adherence to the Organization for the Harmonization of Business Law in Africa
(OHADA) Treaty attests to its will to step up the modernization of the legal and institutional
framework for business in order to attract greater investment in an increasingly secure context.
17. Moreover, the Central African Economic and Monetary Community (CEMAC) States
adopted a subregional investment charter on 17 December 1999.  Cameroon's national investment
charter, inspired by the CEMAC Charter, is in the final stages of preparation.
(2) ECONOMIC LIBERALIZATION PROCESSES
18. In an endeavour to establish a successful, competitive market economy, the Government has
taken action to reform its trade policy, further liberalize economic activities, enhance dialogue and
partnership with the private sector through sound economic management and establish a competitiveenvironment in various sectors.  The following action has been taken in the framework of this
economic liberalization process:
(i) Elimination of non-tariff barriers, notably by abolishing both quantitative restrictions
on imports, and import and export licences and authorizations;
(ii) reorganization of the general price system, in particular through:  (a) establishment of
free pricing and trade margins in accordance with market conditions;  (b) control and
prevention of anti-competitive practices;  (c) introduction of measures to guarantee
fairness in trade transactions, in particular through metrology controls and a
crackdown on discriminatory sales, refusal to sell, retention of speculative inventories
and conditional sales;  and (d) the promulgation of legislation on dumping andcompetition in order to promote healthy and fair competition;
(iii) reorganization of the tax and customs regi mes to bring them into line with the
subregional programme adopted by CEMAC;Cameroon WT/TPR/G/87
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(iv) liberalization of the petroleum sector;
(v) liberalization of the cocoa and coffee sectors;
(vi) reform of the ports sector;
(vii) reduced State involvement in the trade-related sectors of the economy;
(viii) establishment of regulatory bodies in the following sectors: electrical energy supply,
telecommunications, hydrocarbons, govern ment procurement, aviation and ports.
19. All of these liberalization measures have led to sectoral reforms in the monetary, tax, foreign
exchange, insurance, labour, telecommunications and transport areas.
(3) SECTORAL REFORMS
1. Financial sector reforms
(a) Banks
20. Action has involved stabilizing and strengthenin g this vital sector of the economy.  To this
end:
• The State has launched a far-reaching bank restructuring/liquidation programme,
worked to create a supranational institution responsible for bank supervision knownas the Central African Banking Commission (COBAC) and, to a great extent, given
up its banking shares;
• banking conditions have been liberalized and a regulatory framework favouring
security and professionalism in the area of micro-finance is being prepared;
• a money market is operational;
• lastly, a domestic financial market is being set up (stock exchange).
(b) Insurance
21. Cameroon became party to the treaty establishing the Inter-African Conference on Insurance
Markets (CIMA) with a view to stabilising its insurance sector.
Outlook
22. The Government plans to deepen the process of reform in the banking and insurance sectors
through a number of measures, notably:
- Backing all measures aiming to:
• increase foreign currency cover;
• ensure the prompt implementation of COBAC decisions.WT/TPR/G/87 Trade Policy Review
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Other measures taken include:
(1) At the national level:
- restructuring the Crédit Foncier du Cameroun  (Land Bank of Cameroon)
within the framework of its operations and the housing promotion strategy;
- restructuring the Caisse d'Epargne Postale  (Post Office Savings Bank).
(2) At the regional level:
- introduction of common authorization for banks to operate in the CEMAC
zone;
- creation of a Community insurance card.
(c) Foreign Exchange
23. Until 1998, the only players on Cameroon's exchange market were commercial banks.
However, private economic operators (natural and legal persons) have been able to conduct money-
changing activities through exchange offices since 16 September 1998.
24. Furthermore, in April 2001 Cameroon adopted ex change regulations in keeping with those of
the CEMAC.
2. Reform of the tax and customs systems
25. The tax and customs reform adopted by the CEMAC States may be considered to be the most
significant of all reforms introduced since 1994.  D eemed to be an integral part of the structural
adjustment of the subregional economies sorely afflicted by the recession, it aimed, among other
things, at harmonization of tax and customs policies, fiscal consolidation, broadening of the tax base
and elimination of exemptions with a vi ew to a return to sustained growth.
26. Suitable legislation has been adopted at the national level to institute this reform.
(a) Customs
27. The reform is characterized by:
• Simplification of the common external tariff creating four categories for imported
goods with customs duties ranging from 5 to 30 per cent;
• a substantial cut in cumulated taxes and duties;
• the adoption of a generalized preferential tariff, with a zero rate of duty since 1998, to
foster trade between CEMAC States.Cameroon WT/TPR/G/87
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(b) Taxation
28. The domestic turnover tax (ICA), single tax and domestic production tax have all been
abolished and replaced by turnover tax (TCA).  A limited number of products are now subject to
excise duties.
29. The regional reform programme also provided  for far-reaching amendments to the national
investment codes and establishment agreements to improve State revenue and encourage businesscompetitiveness.  These measures have been gradually implemented since 1994.
30. The problems related to the turnover tax led to the consumption tax systems being improved
with the introduction of value added tax (VAT) on 1 January 1999.
31. The current tax legislation reform focuses on the Unified General Tax Code and personal
income tax.
32. The Book of Tax Procedures (LPF), which forms part of the Unified General Tax Code, aims
to make tax management more transparent and ensure better implementation of the tax law while at
the same time protecting taxpayers' rights.  All of the procedural rules which were formerly scattered
throughout the General Tax Code (CGI) and regulations are now compiled in a single document.
Once in force, this will be backed up by a Taxpayers' Charter.
3. Labour market
33. The new labour code, which was promulgated in 1994, affords greater flexibility in terms of
company staff management.
34. In the public sector, the authorities have launch ed a civil service reform in conformity with
international standards.  The overall aim is to step up the modernization of public administration, keep
staff numbers and the wage bill under control and enhance productivity.  To do so, a reform of the
various civil service bylaws was introduced.
4. Telecommunications
35. The restructuring of the telecommunications sector, which got under way in the 1997/98 tax
year and continued throughout 1998 /99 and 1999/2000, has resulted in the creation of new entities,
namely CAMTEL, CAMTEL MOBILE and the Tele communications Regulation Agency (ART).
These structures were set up following the reorganization and merger of the company formerly incharge of telecommunications (INTELCAM) with the market services of the former
Telecommunications Authority under a de cree signed on 18 September 1998.
36. These reforms have made headway, with the award of the second cellular telephone network
to Société Cameroonaise de Mobile (SCM), the privatization of Camtel Mobile (taken over by MTN)
and the designation of a temporary cont ractor (TELECEL) to take over CAMTEL.
5. Transport
37. The following major reforms, directed in partic ular at enhancing the competitiveness of the
economy, have been undertaken in this sector:  (1) the liberalization of maritime transport;  (2) the
creation in the ports sector of a National Port Authority and the autonomous ports of Douala, Kribi,
Limbé and Garoua;  and (3) the implementation of measures aiming to simplify procedures andWT/TPR/G/87 Trade Policy Review
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reduce cargo-clearance time at the port of Douala by creating the Foreign Trade Operations
Facilitation Committee and the Single Window.  With regard to the road transport sector, the Road
Maintenance Fund has been operational since 1998 and ensures the ongoing financing of
infrastructure maintenance work. In the air transport sector, international air services have been
deregulated.
6. Petroleum
38.  A great many reforms have been instituted in this sector:  (1) the transport, storage and
market supply of petroleum products have been deregulated, as has the margin on the pump prices of
refined petroleum products;  (2) a new Petroleum Code has been adopted;  and (3) an organizational
and functional audit of the State enterprise Société Nationale des Hydrocarbures (SNH) and the
institutional framework for its activities has been conducted.  All these reforms should, in the longrun, produce a clearer definition of the respective roles of both the SNH and private operators in the
petroleum industry.
7. Agriculture
39. Agricultural sector reforms have been strengthened by the Structural Adjustment Programme
for the Agricultural Sector (PASA) which was introduced within the framework of the stand-by
arrangement reached by the Government and donors in March 1994.  This programme focuses on a
new medium-term development strategy for the agricultural sector.  The following measures have
been taken:
• Gradual liberalization of the agro-input supply;
• gradual privatization of agricultural development activities;
• restructuring of public enterprises in the agricultural sector in an endeavour to make
their financial situation more balanced and their internal management more
autonomous;
• greater responsibility for the farmers themselves.
40. The implementation of all these measures resulted in the gradual reduction of State
involvement in the agricultural sector and the abolition of input subsidies.  Agricultural exportproducts have been diversified and both agro-industrial and animal industry enterprises privatized.
The State has also withdrawn from the supply of inputs to the livestock breeding sector (cattle feed,
day-old chicks, chickens, etc.) and the provision of veterinary services.
8. Forestry and the environment
41. Considerable progress has been made in this sector, notably:  (1) tax rationalization for the
forestry sector;  (2)  the definition of new criteria for granting forestry concessions;  (3) the presence
of an independent observer on the inter-ministeria l commission for awarding forestry licences;  and
(4) the adoption of the planning strategy for awarding  forestry licences.  Furthermore, the government
has set up the Forest Revenue Security Programme (PSRF), a framework for coordination and
institutional cooperation between tax and forestry administration.  Likewise, a surety system,developed to ensure that development plans and specifications were respected, became operational in
the financial year 2000/2001.  All these reforms have been introduced with a view to:Cameroon WT/TPR/G/87
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(a) rationalizing and fostering sustainable management of forestry resources;  (b) promoting a forestry
industry with high economic value added;  (c) protecting the environment;  and (d) increasing the
sector's contribution to the State budget.
(4) OUTLOOK FOR THE CAMEROONIAN ECONOMY
1. Macroeconomic polices
42. Motivated by the encouraging results of the implementation of its three-year programme
(1997-2000), the Government has adopted a poverty alleviation programme for the 2001-2003 period.
This programme reinforces the reforms launched since August 1997.
43. It is based on the interim Poverty Reduction Strategy Paper (PRSP-I), prepared with a
participatory approach in mind and adopted in Au gust 2000.  A definitive Strategic Framework for
Poverty Reduction should be established by November  2001 at the very latest.  The overall aim of this
programme is to create conditions for strong, sustai nable growth with the potential to curb the poverty
currently affecting over 50 per cent of the population, predominantly women.  Cameroon intends to
take up a number of major challenges, notably:  (i ) to ensure that GDP continues to grow at a
minimum annual rate of 7 per cent in real terms in an endeavour to reduce the poverty rate by half by
2015;  (ii) to discover new non-petroleum growth products to export, as catalysts for economicgrowth;  (iii) to strengthen the national industrial fabric and improve the quality of agricultural
products sold on the foreign market and the volu me of which is experiencing a downward trend;
(iv) to enhance governance in the fields of public finances and business with a view to:  (a) improved
expenditure control;  (b) capacity building with regard to the design, planning, execution and
following up of the Priority Investment Programmes  (PIP) in particular;  (c) improved government
procurement procedures and greater supervision of their execution;  (d) greater transparency in and
modernization of the judicial system and the fight against corruption.  These concerns are linked tothe need to promote a dynamic private sector and ensure viable social and human development.
2. Sectoral polices
44. Over the next three years, the Government intends to develop a sectoral strategy for each
sector which clarifies sector priorities and paves the way for the development of a sliding multi-year
PIP.
45. With regard to the development of rural and industrial activities , as of 2001 the
Government intends to develop both an integrated rural development strategy and an industrial
development strategy.  The integrated rural development strategy will, to begin with, involve
developing suitable strategies for the livestock breeding and fisheries subsectors, based on their
potential and on the authorities' development aspirations.
46. Within the framework of its poverty alleviation programme, the government will introduce
so-called second-generation reforms in the three key sectors of health, education and basic rural
infrastructures.
47. Two interim sectoral strategies have already been adopted in the fields of education and
health.
48. The education strategy  aims to introduce the principle of education for all by offering
increased access to education, encouraging school attendance among girls, improving teaching
quality, professionalizing teaching and ensuring that education and training are geared towardsWT/TPR/G/87 Trade Policy Review
Page 12
employment.  The authorities decided to scrap the payments required of the parents of pupils
attending public primary schools, a measure whic h took effect as of the school year 2000/2001.
49. An emergency investment programme focusing as a matter of priority on classroom repair
and construction will be implemented following studies to ensure effective and efficient public
spending.
50. In the field of health , the main objective of the sectoral strategy is to reduce infant mortality
and the incidence of communicable diseases, check the spread of HIV/AIDS, promote preventive
medicine and improve the access of the population to essential drugs.  To this end, the Government,
with the support of international health organiza tions, plans to swiftly step up the number of public
information and awareness campaigns on this scourge.
51. With regard to basic rural structures , the Government has increased the resources
earmarked for road network maintenance.  The grant from the Road Maintenance Fund and direct
funding by the Ministry of Public Works have substantially increased with the 2000/2001 budget.
Additional human and technical resources will also be mobilized to enable more road works to be
scheduled and related tenders awarded.  Support will also be given to the small and medium
enterprises (SMEs) in this sector, with a view to developing their ability to complete the contractsawarded to them within the allotted time.
52. The Government is resolved to expedite and broaden the scope of structural reforms in the
agro-industrial, utilities, transport and petroleum  sectors in order to stimulate both private
investment and the competitiveness and efficiency of the economy as well as its production and
export capacity.
IV. IMPLEMENTATION OF THE MARRAKESH AGREEMENTS
53. A National Technical Committee for the Follow-Up of the Marrakesh Agreement
Establishing the WTO has been formed by Prime Ministerial Decree.  It is made up of representatives
of both the public and private sectors and aims to bring the legislative and regulatory framework into
line with new multilateral requirements and facilitate Cameroon's integration into the global economic
system.
54. Cameroon's endeavours to implement the WTO Agreements have met with difficulties related
to the fragility of its economic structures and the structural weakness of the body responsible for
following up the said Agreements.
55. Like other developing countries, its concerns in relation to the international trade
liberalization process revolve around the following:
• The need for constructive dialogue in order to induce all WTO Members to contribute
to the development of a new architecture of international trade;
• greater transparency when drawing up the rules of the game;
• the need to take into account the specific characteristics of the economies of Least-
Developed Countries (LDCs) and other low-income countries, in particular loss ofmarket share in the wake of the dismantlin g of trade preferences formerly provided
for in the Lomé Convention and other similar agreements;Cameroon WT/TPR/G/87
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• transparency in the preparation and running of statutory WTO meetings.
(1) AGREEMENT ON AGRICULTURE
56. The Agreement on Agriculture covers three areas:  (i) domestic support, (ii) market access
and (iii) export competition.
57. Domestic support is a much-debated issue.  On account of this Agreement and despite the
required reductions, developed countries with domestic support measures in force still have the
possibility of strongly backing their agriculture to the detriment of developing countries where most
support measures were dismantled under the Structural Adjustment Programmes during the base
period (1986-88).
58. Market access is one of Cameroon's greatest concerns, since there are many constraints which
prevent entry to developed countries' markets, such as tariff peaks, tariff escalation (tariffs increasing
according to the degree of processing) or else increasingly restrictive technical and phytosanitary
standards (e.g. the maximum limit for pesticide residues).
59. Moreover, the Lomé Agreements, which guaranteed preferential access for products from
African, Caribbean and Pacific (ACP) countries, have been replaced by the Cotonou Agreementwhich will lead to preferences being dismantled and regional economic partnership agreements being
established by 2008.  This will result in the erosion of our preferential margins and stiff competition
for our export products - hence the need to improve the competitiveness of the country's agricultural
products.
60. Like most developing countries, Cameroon does not subsidize its agricultural exports.
Agricultural export subsidies granted by developed countries could, however, threaten the country's
food security in the long term.
61. Cameroon also argues that the agricultural sector should receive special attention on account
of its specific nature (food security, poverty alleviation and rural depopulation).
(2) 
CUSTOMS VALUATION AGREEMENT
62. Cameroon will implement the Customs Valuation Agreement as of 1 July 2001.  Technical
and financial assistance in this field is imperative to support the Customs Administration in its effortto implement this new technique (exchange of information on the flow of goods).
63. This Agreement introduces a new element in the determination of customs value.
(3) 
AGREEMENT ON TECHNICAL BARRIERS TO TRADE
64. This Agreement basically concerns technical regulations, standards and conformity
assessment procedures.  Law No. 96/11 of 5 August 1996 on standardization outlines:
• The national standardization system;
• national brand name management and quality control;WT/TPR/G/87 Trade Policy Review
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• infringements and penalties.
65. The implementing decrees to this law are currently being signed.
66. Respecting these standards involves compliance costs which, in turn, affect the market
competitiveness of the country's products.  Technical and financial assistance from the international
community would enable our countries to adapt to the technical standards and regulations of
developed countries and to set up appropriate autonomous regulative legislation.
(4) AGREEMENT ON SANITARY AND PHYTOSANITARY MEASURES
67. This is one of the most complex WTO Agreements and its implementation raises difficulties,
since certain countries continue to use sanitary and phytosanitary measures for restrictive purposes.
68. Cameroon is in favour of the precautionary principle;  preventive measures may thus be taken
owing to the difficulties which it faces in comply ing with external standards, the quality control
system and sanitary and phytosanitary regulations.
(5) AGREEMENT ON TRADE -RELATED ASPECTS OF INTELLECTUAL PROPERTY RIGHTS (TRIPS )
69. The aim of this Agreement is to promote the effective and adequate protection of intellectual
property rights while ensuring that the measures and procedures for enforcing these rights do not
themselves become barriers to legitimate trade.
70. It establishes a multilateral framework of principles, regulations and disciplines relating to
international trade in counterfeit goods.
71. The Bangui Agreement has been revised to bring it into line with WTO rules and Cameroon
has ratified this new Agreement.  Business law ha s taken account of the provisions of the Agreement
on the Trade-Related Aspects of Intellectual Property Rights (cf. the OHADA Treaty).
72. The Cameroonian Government has made all the necessary arrangements at national level to
ensure that the implementation deadlines established in the TRIPS Agreements are respected.
73. African countries note that this Agreement doe s not explicitly meet the specific requirements
of their States with regard to technology transfer, traditional knowledge and public health concerns.
74. The study currently in progress and future negotiations, in particular on Annex 1C of the
WTO Agreement, will have to spell out the provis ions on technology transfer more concretely and
clarify the emergency and safeguard provisions relating to public health in order to help our countriesto implement them.  Traditional knowledge should al so be taken into account as a matter of priority.
75. Cameroon's top priority is therefore to receive technical assistance from the WTO to help it to
assess the socioeconomic impact of the Agreements and study new market access conditions.APPENDIX TABLESCameroon WT/TPR/G/87
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Table A.1
Development of the main indicators
Year 1995/1996 1996/1997 1997/1998 1998/1999 1999/2000
GDP (CFAF billion) 4,571 4,932 5,240 5,406 5,787
Percentage growth rate 5.0 5.1 5.0 4.4 4.2
Inflation 6.4 4.2 2.0 2.9 2.1
Current account deficit - 4.1 -2.8 -2.7 -4.4 -3.2
Sources:  Ministry of the Economy, Finance and Industry;  World Economic Outlook, October 1999 (IMF)
Table A.2
Development of trade (CFAF million)
Year Exports Imports
1995 812,395 598,709
1996 904,869 627,424
1997 1,084,509 793,930
1998 985,827 881,782
1999 985,492 811,226
Source:  National Technical Committee on the Trade Balance (CTNBC)
Table A.3
Main export  products
1997/1998 1998/1999 1999/2000
Products Q V Q V Q V
Petroleum oils 5,438,210 356,313 5,936,200 266,616 5,647,918 476,342
Sawn wood 390,956 83,238 457,034 109,492 566,185 142,932
Robusta coffee 68,210 58,031 55,044 47,549 92,760 69,195
Raw aluminium 56,503 52,524 63,595 48,142 73,559 61,630
Raw cocoa beans 100,848 89,784 96,461 85,545 89,565 60,280
Wood in the rough (logs) 1,770,635 158,896 1,320,133 122,313 1,691,492 57,609
Raw cotton 69,966 58,982 59,428 47,057 78,964 49,137
Fresh bananas 186,343 30,186 227,602 30,242 214,314 30,689
Wood veneer sheets 27,064 17,983 21,844 17,959 22,077 18,339
Cocoa paste 16,422 14,892 18,894 19,176 19,950 15,106
Q in tonnes (timber in cubic metres) 
V CFAF million
Source:  National Technical Committee on the Trade Balance (CTNBC)WT/TPR/G/87 Trade Policy Review
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Table A.4
Main export destinations
1995 1996 1997 1998 1999
France Italy Italy Italy Italy
Italy Spain Spain France France
Spain France France Spain Spain
The Netherlands The Netherlands The Netherlands The Netherlands The Netherlands
South Korea China China Portugal Taiwan
FRG Taiwan Taiwan China USA
Taiwan Belgium Belgium Belgium China
Portugal Gabon Gabon Taiwan Portugal
Belgium FRG FRG USA Belgium
China Portugal Portugal South Korea South Korea
Source:  National Technical Committee on the Trade Balance (CTNBC).
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