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2022
Flag → Flag
Exports $330MRnk 76 / 222
2022
Flag → Flag
Top Product $103MRefined Petroleum
2022
Flag → Flag
Exports $297MRnk 7 / 126
2022
Flag → Flag
Top Product $202MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.01Rnk 113 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
Flag
 GDP$44.3BCURRENT US$
Rnk 94 / 186
2012-2022
Flag
GDP GROWTH47%CURRENT US$
Rnk 70 / 186
2022
Flag
GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
Flag
GDP PC$1,588CURRENT US$
Rnk 156 / 186
2012-2022
Flag
GDP PC GROWTH10.8%CURRENT US$
Rnk 113 / 186

About

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.

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.

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

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €41.8M and imported €7.59M from Cameroon, resulting in a positive trade balance of €34.2M. Between August 2023 and August 2024 the exports of Belgium have decreased by €-700k (-1.65%) from €42.5M to €41.8M, while imports decreased by €-998k (-11.6%) from €8.59M to €7.59M.

Trade In August 2024, the top exports of Belgium to Cameroon were Pharmaceutical products (€5.6M), Cars, tractors, trucks & parts thereof. (€2.82M), Used clothes & textile articles (€1.77M), Food residues & wastes; animal fodder (€1.6M), and Chemical products n.e.s. (€1.1M). In August 2024 the top imports of Belgium from Cameroon were Wood, wood articles, & charcoal (€10M), Rubber & articles thereof (€398k), Cocoa & cocoa preparations (€207k), Edible vegetables, roots, & tubers (€110k), and Edible fruits, nuts & fruit peels (€78.4k).

Growth In August 2024, the decrease in Belgium's year-by-year exports to Cameroon was explained primarily by an decrease in product exports in Cars, tractors, trucks & parts thereof. (€-2.74M or -49.3%), Machinery, mechanical appliances, & parts (€-955k or -52.2%), and Products of the milling industry (€-764k or -74.4%). In August 2024, the decrease in Belgium's year-by-year imports  from Cameroon was explained primarily by an decrease in product imports  in Edible fruits, nuts & fruit peels (€-28.5k or -26.7%), Cocoa & cocoa preparations (€-9.54k or -4.4%), and Preparations of cereals, flour, starch or... (€-3.89k or -24.5%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-700k(-1.65%)
IMPORT GROWTH (August 2023 - August 2024)€-998k(-11.6%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Cameroon and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cameroon and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $330M in 2022.

In 2017, 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 2022 to $297M in 2017.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Cameroon
Top DestinationNetherlands$1.31B

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

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

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

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

Comparative Advantage Belgium - Cameroon

Flow
Scale

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

During 2022, Belgium had a large net trade with Cameroon in the exports of Mineral Products ($103M), Chemical Products ($56.5M), and Transportation ($48.1M).

During 2017, Cameroon had a large net trade with Belgium in the exports of Mineral Products ($202M), Wood Products ($81.9M), and Foodstuffs ($5.55M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Cameroon+$10.7MRefined Petroleum
Top Product Potential Cameroon Belgium+$80.5MPetroleum Gas

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

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

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

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