Cameroon has been a member of the African Growth and Opportunity Act (AGOA) initiative since it was launched in 2000. AGOA is a preferential trade programme which allows a set of eligible products from designated African countries into the US market.
Its main objective is to promote economic development through increased trade and investment between the US and sub-Saharan Africa. Cameroon has benefited a great deal. In 2015, it made USD$133 million in overall export trade. Cameroon's main exports to the US include petroleum, cocoa, rubber, timber, and coffee, while its main imports from the US include machinery, vehicles and chemicals.
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