Cameroon

Ships and Boats

Country-Sector Fact Sheet
1. Cameroons Global Trade in Ships and Boats
Cameroon has a 0.45% share of Africas imports of ships and boats and is the 15th largest importer in Africa. Between 2002 and 2011, Cameroon was a net importer of ships and boats. Imports of ships and boats to Cameroon were significantly larger than exports leading to a trade deficit of ZAR241.3m in 2011, increasing from ZAR14.5m in 2002. In 2008, Cameroons trade in ships and boats significantly increased and the trade deficit peaked to ZAR4.2bn from ZAR1.07bn the previous year. In 2011, trade declined to just ZAR253.6m. CAMEROON'S TRADE IN SHIPS AND BOATS WITH THE WORLD, 2002- 2011 3,500 3,000 2,500 2,000 1,500 1,000 500 -500 -1,000 -1,500 -2,000
Exports (ZAR'000) Imports (ZAR'000) Trade Balance 2002 792 15,303 -14,510 2003 180 14,411 -14,231 2004 237 204,169 -203,932 2005 766 196,347 -195,582 2006 503 18,477 -17,974 2007 389,388 688,991 -299,603 2008 1,397,82 2,810,04 -1,412,2 2009 276,252 624,329 -348,077 2010 19,393 491,400 -472,007 2011 6,119 247,507 -241,387

Source: TradeMap, 2012

Cameroons export destinations for exports of ships and boats are mostly African countries with the exception of China and the UAE. In 2010, Cameroons largest export destination for ships and boats was Equatorial Guinea , which imported 52.3% of ships and boats from Cameroon, followed by Gabon at 36%. Senegal, China, the Democratic Republic of the Congo, the UAE, Togo and Angola account for the remaining 11.7% share of exports. Cameroon has a diverse set of source countries for imports of ships and boats. The top ten source markets in 2011 were the United States, Russia, France, Israel, China, Vanuatu, Saint Vincent and the Grenadines, Spain, the United Kingdom, and Gabon. The largest source country was the United States with half of the imports of ships and boats sourced from that country.

Value (ZARm)

CAMEROON'S TOP 10 EXPORT MARKETS FOR SHIPS, BOATS AND OTHER FLOATING STRUCTURES, 2011 VALUE % RANK IMPORTING MARKETS 2011 SHARE (ZAR) 2011 1 2 3 4 5 6 7 8 Equatorial Guinea Gabon Senegal China Democratic Republic of the Congo United Arab Emirates Togo Angola 10 152 170 6 974 610 736 090 692 360 510 160 218 640 58 300 51 020 19 393 340 52.3% 36.0% 3.8% 3.6% 2.6% 1.1% 0.3% 0.3% 100.0%

TOTAL EXPORTS

Source: Trade Map, 2012

CAMEROON'S TOP 10 IMPORT MARKETS FOR SHIPS, BOATS AND OTHER FLOATING STRUCTURES, 2011 VALUE % RANK SOURCE MARKETS 2011 SHARE (ZAR) 2011 1 2 3 4 5 6 7 8 9 10 United States Russia France Israel China Vanuatu Saint Vincent and the Grenadines Spain United Kingdom Gabon 243 433 440 60 176 930 59 579 320 29 822 460 28 918 740 16 244 930 13 810 740 6 325 980 5 619 040 5 079 730 22 388 700 491 400 010 49.5% 12.2% 12.1% 6.1% 5.9% 3.3% 2.8% 1.3% 1.1% 1.0% 4.6% 100.0%

Other Countries TOTAL IMPORTS

Source: Trade Map, 2012

At a product level, cruise ship, cargo ship, barges were the largest export products from Cameroon at ZAR4.1m in 2011. Exports of cruise ship, cargo ship, barges accounted for 67% of ships and boats exports. The top import product was light vessel, dredger; floating dock; floating/submersible drill platform with imports worth ZAR160.9m accounting for 65% share of ships and boats imports.
CAMEROON'S EXPORTS OF SHIPS AND BOATS, 2011 HS CODE 8901 8902 8903 8907 8908 PRODUCT Cruise ship, cargo ship, barges Fishing vessels and factory ships Yachts & other vessels for pleasure or sports Floating structure (raft/tank/ coffer-dam / landing stage) Vessels and other floating structures for breaking up VALUE 2011 (ZAR) 4 120 200 1 625 070 35 950 71 910 266 050 HS CODE 8901 8903 8905 8906 8907 8908 TOTAL EXPORTS 6 119 180 CAMEROOON'S IMPORTS OF SHIPS AND BOATS, 2011 PRODUCT Cruise ship, cargo ship, barges Yachts & other vessels for pleasure or sports Light vessel, dredger; floating dock ;floating/submersible drill platform Vessels, including warships and lifeboats other than rowing boats Floating structure (raft/tank/ coffer-dam / landing stage) Vessels and other floating structures for breaking up VALUE 2011 (ZAR) 39 425 900 32 134 660 160 939 340 4 048 290 7 729 860 3 228 570 247 506 620

TOTAL IMPORTS

Source: Trade Map, 2012

2.

South Africas Trade in Ships and Boats with Cameroon

Trade in ships and boats between South Africa and Cameroon is in favour of South Africa. Between 2007 and 2011, South Africa exported ships and boats to Cameroon, while there were no imports of ships and boats from Cameroon. In 2011, South Africa exported ships and boats valued at ZAR337,974, consisting of exports of yachts, pleasure craft, sports vessels, rowing boats, canoes and exports of floating structures. Depicted in the table below are South Africas exports of ships and boats to Cameroon between 2007 and 2011.
SOUTH AFRICA'S BOATBUILDING EXPORTS TO CAMEROON, 2007 - 2011 PRODUCT 8901: Passenger and goods transport ships, boats 8902: Fishing vessels and factory ships 8903: Yachts, pleasure, sports vessels, rowing boats, canoes 8904: Tugs and pusher craft 8905: Special purpose ships, vessels 8906: Warships, lifeboats, hospital ships, vessels 8907: Floating structures (rafts, stages, buoys/beacons) 8908: Vessels and other floating structures for breaking up TOTAL EXPORTS OF SHIPS AND BOATS VALUE 2007 (ZAR) 164 932 1 670 161 38 800 1 873 893 VALUE 2008 (ZAR) 1 130 352 21 300 1 151 652 VALUE 2009 (ZAR) 12 509 1 883 769 6 243 24 1 902 545 VALUE, 2010 (ZAR) 150 000 75 317 225 317 VALUE 2011 (ZAR) 237 300 82 973 17 701 337 974

Source: Quantec, 2012

3.

Western Capes Trade in Ships and Boats with Cameroon

The Western Cape accounted for a 29.8% share, of South Africas exports of ships and boats to Cameroon. In 2011, the Western Cape exported ships and boats valued at ZAR7100,674 consisting of only exports of floating structures. Depicted in the table below are Western Cape exports of ships and boats to Cameroon between 2007 and 2011.
WESTERN CAPE'S BOATBUILDING EXPORTS TO CAMEROON, 2007 - 2011 PRODUCT 8901: Passenger and goods transport ships, boats 8902: Fishing vessels and factory ships 8903: Yachts, pleasure, sports vessels, rowing boats, canoes 8904: Tugs and pusher craft 8905: Special purpose ships, vessels 8906: Warships, lifeboats, hospital ships, vessels 8907: Floating structures (rafts, stages, buoys/beacons) 8908: Vessels and other floating structures for breaking up TOTAL EXPORTS OF SHIPS AND BOATS VALUE 2007 (ZAR) 164 932 0 0 0 1 670 161 0 38 800 0 1 873 893 VALUE 2008 (ZAR) 0 0 0 0 0 1 130 352 21 300 0 1 151 652 VALUE 2009 (ZAR) 12 509 0 477 953 0 0 0 1 310 0 491 772 VALUE 2010 (ZAR) 0 0 0 0 0 0 75 317 0 75 317 VALUE 2011 (ZAR) 0 0 0 0 82 973 17 701 0 0 100 674

Source: Quantec, 2012