Bulgaria (BGR) and Cameroon (CMR) Trade | The Observatory of Economic Complexity

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Bulgaria-Cameroon Trade: In 2023, Bulgaria exported $1.99M to Cameroon. The main products that Bulgaria exported to Cameroon were Used Clothing ($702k), Plastic Lids ($366k), and Video and Card Games ($346k). Over the past 5 years the exports of Bulgaria to Cameroon have decreased at an annualized rate of 23.2%, from $7.45M in 2018 to $1.99M in 2023.

In 2023, Bulgaria did not export any services to Cameroon.

Cameroon-Bulgaria Trade: In 2023, Cameroon exported $253k to Bulgaria. The main products that Cameroon exported to Bulgaria were Coffee ($171k), Sawn Wood ($82.6k), and Low-voltage Protection Equipment ($18). Over the past 5 years the exports of Cameroon to Bulgaria have decreased at an annualized rate of 36.9%, from $2.53M in 2018 to $253k in 2023.

In 2023, Cameroon did not export any services to Bulgaria.

Comparison: In 2023, Bulgaria ranked 38 in the Economic Complexity Index (ECI 0.69), and 59 in total exports ($50.6B). That same year, Cameroon ranked 119 in the Economic Complexity Index (ECI -1.2), and 117 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Bulgaria exported $1.99M to Cameroon. The main products exported from Bulgaria to Cameroon were Used Clothing ($702k), Plastic Lids ($366k), and Video and Card Games ($346k). During the last 5 years the exports of Bulgaria to Cameroon have decreased at an annualized rate of 23.2%, from $7.45M in 2018 to $1.99M in 2023.

In 2018, Cameroon exported $253k to Bulgaria. The main products exported from Cameroon to Bulgaria were Coffee ($171k), Sawn Wood ($82.6k), and Low-voltage Protection Equipment ($18). During the last 5 years the exports of Cameroon to Bulgaria have decreased at an annualized rate of 36.9%, from $2.53M in 2023 to $253k in 2018.

Exports from Bulgaria () to Cameroon () (2023)

Exports from Cameroon () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Cameroon ()

Bulgaria Exports

Date

Cameroon Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bulgaria
Top DestinationGermany$6.84B

Cameroon
Top DestinationNetherlands$1.44B

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

In 2023, countries that imported more from Bulgaria than Cameroon included Germany ($6.84B), Romania ($5.63B), and Italy ($4.06B).

In 2023, countries that imported more from Cameroon than Bulgaria included United Arab Emirates ($899M), India ($632M), and Netherlands ($1.44B).

Difference in imports from Cameroon () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Cameroon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bulgaria had a large net trade with Cameroon in the exports of Textiles ($702k), Miscellaneous ($377k), and Plastics and Rubbers ($366k).

During 2018, Cameroon had a large net trade with Bulgaria in the exports of Vegetable Products ($171k), Wood Products ($82.6k), and Machines ($18).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bulgaria Cameroon+$353kPlastic Lids

Top Product Potential Cameroon Bulgaria+$275kSawn Wood

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 Bulgaria and Cameroon. This means that a dot/product with the flag of Bulgaria indicates it has a comparative advantage over Cameroon. Similarly, a dot/product with the flag of Cameroon indicates it has a comparative advantage over Bulgaria.

About

Historical Data

Bilateral Trade by Products

Exports from Bulgaria () to Cameroon () (2023)

Exports from Cameroon () to Bulgaria () (2023)

Latest Data

Trade between Bulgaria () and Cameroon ()

Bulgaria Exports

Cameroon Exports

Market Competitiveness

Difference in imports from Cameroon () and Bulgaria () (2023)

Comparative Advantage Bulgaria - Cameroon

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Bulgaria () and Cameroon () (2023)

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