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2022
Flag → Flag
Exports $15kRnk 106 / 139
2022
Flag → Flag
Top Product $15kJewellery
2022
Flag → Flag
Exports $5.5kRnk 204 / 0
2022
Flag  
GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
 GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC $20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186
2022
Flag
GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

Barbados-Cape Verde Trade: In 2022, Barbados exported $15k to Cape Verde. The main products that Barbados exported to Cape Verde were Jewellery ($15k). Over the past 8 years the exports of Barbados to Cape Verde have increased at an annualized rate of 28.2%, from $2.05k in 2014 to $15k in 2022.

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

Cape Verde-Barbados Trade: In 2022, Cape Verde exported $5.5k to Barbados. The main products that Cape Verde exported to Barbados were N/A. Over the past 8 years the exports of Cape Verde to Barbados have increased at an annualized rate of 38.8%,  from $1.07k in 2014 to $5.5k in 2022.

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

Comparison In 2022,  Barbados ranked 176 in total exports ($393M). That same year, Cape Verde ranked 196 in total exports ($92.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Barbados exported $15k to Cape Verde. The main products exported from Barbados to Cape Verde were Jewellery ($15k). During the last 8 years the exports of Barbados to Cape Verde have increased at an annualized rate of 28.2%, from $2.05k in 2014 to $15k in 2022.

In 2015, Cape Verde exported $5.5k to Barbados. There were not main exports from Cape Verde to Barbados in 2015. During the last 5 years the exports of Cape Verde to Barbados have increased at an annualized rate of 38.8%, from $1.07k in 2020 to $5.5k in 2015.

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

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

Latest Data

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

Barbados Exports

Market Competitiveness

Color
Barbados
Top DestinationUnited States$88.6M
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Barbados than Cape Verde included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

In 2022, countries that imported more from Cape Verde than Barbados included Spain ($51.3M), Portugal ($10.9M), and Italy ($8.39M).

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

Comparative Advantage Barbados - Cape Verde

Flow
Scale

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

During 2022, Barbados had a large net trade with Cape Verde in the exports of Precious Metals ($15k).

During 2015, Cape Verde had a large net trade with Barbados in the exports of .

Economic Complexity

Competitive Landscape

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

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

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