2022
Flag  
GDP
$2.31BCURRENT US$
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2012-2022
Flag
GDP GROWTH
21%CURRENT US$
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2022
Flag
 GDP
$252BCURRENT US$
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2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
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2022
Flag
GDP PC 
$3,903CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
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2022
Flag
GDP PC
$24,275CURRENT US$
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2012-2022
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GDP PC GROWTH
18%CURRENT US$
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About

Cape Verde-Portugal In 2022, Cape Verde exported $10.9M to Portugal. The main products that Cape Verde exported to Portugal are Footwear Parts ($2.74M), Knit T-shirts ($1.97M), and Knit Men's Undergarments ($1.58M). During the last 27 years the exports of Cape Verde to Portugal have increased at an annualized rate of 1.44%, from $7.39M in 1995 to $10.9M in 2022.

In 2022, Cape Verde did not export any services to Portugal.

Portugal-Cape Verde In 2022, Portugal exported $407M to Cape Verde. The main products that Portugal exported to Cape Verde were Refined Petroleum ($56.6M), Cement ($21M), and Raw Iron Bars ($13.3M). During the last 27 years the exports of Portugal to Cape Verde have increased at an annualized rate of 4.64%, from $120M in 1995 to $407M in 2022.

In 2022, Portugal did not export any services to Cape Verde.

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $10.9M to Portugal. The main products exported from Cape Verde to Portugal were Footwear Parts ($2.74M), Knit T-shirts ($1.97M), and Knit Men's Undergarments ($1.58M). During the last 27 years the exports of Cape Verde to Portugal have increased at an annualized rate of 1.44%, from $7.39M in 1995 to $10.9M in 2022.

In 2022, Portugal exported $407M to Cape Verde. The main products exported from Portugal to Cape Verde were Refined Petroleum ($56.6M), Cement ($21M), and Raw Iron Bars ($13.3M). During the last 27 years the exports of Portugal to Cape Verde have increased at an annualized rate of 4.64%, from $120M in 1995 to $407M in 2022.

Exports from Cape Verde (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Cape Verde (Flag) (2022)

Latest Data

Trade between Cape Verde (Flag) and Portugal (Flag)

Cape Verde Exports

Portugal Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Portugal
Top Destination
Spain$20.5B

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

In 2019, no countries were registered that imported more from Cape Verde than from Portugal.

In 2021, countries that imported more from Portugal than Cape Verde were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Portugal

Flow
Scale

This chart compares trade between Cape Verde and Portugal by product, considering products traded by both, Cape Verde and Portugal.

During 2022, Cape Verde had a large net trade with Portugal in the exports of Textiles ($5.24M), Footwear and Headwear ($2.77M), and Miscellaneous ($1.2M).

During 2022, Portugal had a large net trade with Cape Verde in the exports of Mineral Products ($78.7M), Foodstuffs ($49.5M), and Machines ($46.9M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cape Verde has comparative advantage over Portugal. Similarly, the more yellow a dot/product is, the more Portugal has comparative advantage over Cape Verde.

Product Space of Cape Verde (Flag) and Portugal (Flag) (2022)

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