The discoveries of oilfields in the land area of Cameroon and the increasing demand from the emerging marketing authorities have attracted major investors worldwide promoting the aggregate amount of foreign investment worldwide in the oil sector. The implementation of place attractive tax incentives and the recent shift in the discovery rates have put up promising opportunities for Cameroon’s oil sector in the global market.
The steady rise in global demands accompanied by the efficient production capabilities of the industrial sectors has made Cameroon travel a long way from the export of crude petroleum in 2020 worth 3.5 billion US dollars to an annual export valuation of 9 billion US dollars in 2024. The active promotion of foreign investments in the international markets due to value-added exports of necessities counters the annual targeted trade rates streamlining the competitive edge of potential markets.
Cameroon with its utmost production capabilities and strategic location within the top leading markets has started exporting divergent variants of its mining industries in the global supplies. According to the Cameroon Export Data, the top 10 leading variants of crude petroleum exported from the nation in 2024 are,
1. Bonny Light Crude Oil – The annual valuation of the Bonny Light Crude Oil exported from Cameroon in 2024 – 3.1 billion US dollars.
2. Kole Crude Oil – The annual valuation of the Kole Crude Oil exported from Cameroon in 2024 – 2.7 billion US dollars.
3. Brass Blend Crude Oil – The annual valuation of the Brass Blend Crude Oil exported from Cameroon in 2024 – 1.9 billion US dollars.
4. Forcados Blend Crude Oil – The annual valuation of the Forcados Blend Crude Oil exported from Cameroon in 2024 – 1.2 billion US dollars.
5. Qua Iboe Light Crude Oil – The annual valuation of the Qua Iboe Light Crude Oil exported from Cameroon in 2024 – 765 million US dollars.
6. Escravos Light Crude Oil – The annual valuation of the Escravos Light Crude Oil exported from Cameroon in 2024 – 642 million US dollars.
7. Nembe Crude Oil – The annual valuation of the Nembe Crude Oil exported from Cameroon in 2024 – 345 million US dollars.
8. Erha Crude Oil – The annual valuation of the Erha Crude Oil exported from Cameroon in 2024 – 278 million US dollars.
9. Abo Crude Oil – The annual valuation of the Abo Crude Oil exported from Cameroon in 2024 – 189 million US dollars.
10. Oso Condensate – The annual valuation of the Oso Condensate exported from Cameroon in 2024 – 128 million US dollars.
The rich oil reserves of Cameroon have solidified its position in the global market establishing a solidified trade position among other trade holders. According to the Cameroon Trade Data, the top 10 export trade partners of Cameroon for crude petroleum exports in 2024 are,
• China – According to the China Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 2.87 billion US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Bonny Light Crude
B. Brent Blend Crude
C. Forcados Crude
D. Qua Iboe Crude
E. Brass River Crude
• Spain – According to the Spain Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 1.79 billion US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Escravos Light Crude
B. Lokele Heavy Blend
C. Maya Extra Heavy Blend
D. Akpo Condensate
E. Bonga Condensate
• Italy – According to the Italy Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 1.65 billion US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Ekanga Field Condensate
B. Malongo Medium Sour Blend
C. Lobito Medium Sweet Blend
D. Nemba Medium Sour Blend
E. Obe Intermediate Sour Blend
• Netherlands – According to the Netherlands Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 987 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Brass River Crude
B. Escravos Light Crude
C. Bonny Light Crude
D. Forcados Crude
E. Al Shaheen Crude
• United States – According to the USA Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 765 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Bonny Light Crude
B. Ghawar Blend
C. Murban Grade
D. Adnoc Super Light
E. Saharan Blend
• South Korea – According to the South Korea Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 535 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Dalia Heavy Sweet Oil
B. Kuwait export blend
C. Ipoh heavy oil
D. Lloydminster heavy oil
E. Osage Light
• India – According to the India Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 387 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Frigate
B. Ekanga
C. Bomboco Blend
D. Esso Crude Oil
E. Asabo blend
• France – According to the France Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 265 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Escravos Light
B. Qua Iboe
C. Bonny Light
D. Lokele Heavy Blend
E. Abo Condensate
• Japan – According to the Japan Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 185 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Bonny Light Crude
B. Akpo Condensate
C. Brass River Crude
D. Brent Blend Crude
E. Bonga Condensate
• Belgium – According to the Belgium Import Data, the annual valuation of the Crude petroleum exports of Cameroon in 2024 – 124 million US dollars.
TOP 5 EXPORTED VARIANTS OF CRUDE PETROLEUM
A. Chad Export Blend
B. Murban Crude
C. Brent Blend
D. Brass River Blend
E. Forcados Blend
Que. What is the export trade value of crude petroleum from Cameroon in 2024?
Ans. The export trade value of crude petroleum from Cameroon in 2024 is 9 billion US dollars.
Que. Name the top export trade partners of Cameroon for petroleum products in 2024.
Ans. China is the top export trade partner of Cameroon for petroleum products in 2024.
Que. What is the top exported crude petroleum variant of Cameroon in 2024?
Ans. Bonny Light Crude Oil is the top exported crude petroleum variant of Cameroon in 2024.
Que. Where can you get a detailed trade analysis of the crude petroleum exports of Cameroon in 2024?
Ans. By subscribing to the Import Globals, you can get a detailed trade analysis of the crude petroleum exports of Cameroon in 2024.