Journal Press India^®

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This article examines the impact of trade openness and natural resource utilization on Cameroon’s economic growth, comparing two distinct periods: 1960-2000 and 2000-2024. Analysing trends in GDP, exports, and trade policies, as well as key sectors such as oil and gas, forestry, agriculture, mining, manufacturing, and services, the paper assesses the effects of policy changes and new projects on the economy of Cameroon. We study the Cameroon–India trade corridor, and focus on, exports (timber, cocoa, bauxite) and imports (pharmaceuticals, machinery), and supporting infrastructure like the Port of Kribi. Using data from the government, IMF, World Bank, WTO, and other sources, it is examined how trade openness and resource use have shaped Cameroon’s output, industry, and diversification, and how policy can address current-account deficits. The findings suggest that while trade openness and resource management have generally supported growth, volatile commodity prices and weak policies have limited benefits, perpetuating resource curse issues. The study concludes that aligning trade and resource policies with sustainable development is crucial and recommend diversifying exports, adding value locally, improving infrastructure, and strengthening institutions to promote economic resilience and poverty reduction.

Keywords

Cameroon; Resources; Trade openness; Growth; Sustainability

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