Cameroon (CMR) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Cameroon-Belgium Trade: In 2022, Cameroon exported $297M to Belgium. The main products that Cameroon exported to Belgium were Petroleum Gas ($202M), Sawn Wood ($80.3M), and Cocoa Beans ($5.04M). Over the past 5 years the exports of Cameroon to Belgium have increased at an annualized rate of 7.73%, from $204M in 2017 to $297M in 2022.

In 2022, Cameroon did not export any services to Belgium.

Belgium-Cameroon Trade: In 2022, Belgium exported $330M to Cameroon. The main products that Belgium exported to Cameroon were Refined Petroleum ($103M), Vaccines, blood, antisera, toxins and cultures ($35.7M), and Used Clothing ($27.9M). Over the past 5 years the exports of Belgium to Cameroon have increased at an annualized rate of 13.4%, from $176M in 2017 to $330M in 2022.

In 2022, Belgium did not export any services to Cameroon.

Comparison: In 2022, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B). That same year, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cameroon exported $297M to Belgium. The main products exported from Cameroon to Belgium were Petroleum Gas ($202M), Sawn Wood ($80.3M), and Cocoa Beans ($5.04M). During the last 5 years the exports of Cameroon to Belgium have increased at an annualized rate of 7.73%, from $204M in 2017 to $297M in 2022.

In 2017, Belgium exported $330M to Cameroon. The main products exported from Belgium to Cameroon were Refined Petroleum ($103M), Vaccines, blood, antisera, toxins and cultures ($35.7M), and Used Clothing ($27.9M). During the last 5 years the exports of Belgium to Cameroon have increased at an annualized rate of 13.4%, from $176M in 2022 to $330M in 2017.

Exports from Cameroon () to Belgium () (2022)

Exports from Belgium () to Cameroon () (2022)

Latest Data

Trade between Cameroon () and Belgium ()

Cameroon Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cameroon
Top DestinationNetherlands$1.31B

Belgium
Top DestinationGermany$91.9B

This map shows whether countries import more from Cameroon or Belgium. Each country is colored based on the difference in imports they receive from Cameroon and Belgium or the difference in the growth in imports.

In 2022, countries that imported more from Cameroon than Belgium included Central African Republic ($243M).

In 2022, countries that imported more from Belgium than Cameroon included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

Difference in imports from Belgium () and Cameroon () (2022)

Comparative Advantage Cameroon - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cameroon and Belgium by product, considering products traded by both, Cameroon and Belgium.

During 2022, Cameroon had a large net trade with Belgium in the exports of Mineral Products ($202M), Wood Products ($81.9M), and Foodstuffs ($5.55M).

During 2017, Belgium had a large net trade with Cameroon in the exports of Mineral Products ($103M), Chemical Products ($56.5M), and Transportation ($48.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cameroon Belgium+$80.5MPetroleum Gas

Top Product Potential Belgium Cameroon+$10.7MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Cameroon and Belgium. This means that a dot/product with the flag of Cameroon indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Cameroon.

About

Historical Data

Bilateral Trade by Products

Exports from Cameroon () to Belgium () (2022)

Exports from Belgium () to Cameroon () (2022)

Latest Data

Trade between Cameroon () and Belgium ()

Cameroon Exports

Belgium Exports

Market Competitiveness

Difference in imports from Belgium () and Cameroon () (2022)

Comparative Advantage Cameroon - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cameroon () and Belgium () (2022)

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