2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Colombia-Cape Verde Trade: In 2022, Colombia exported $579k to Cape Verde. The main products that Colombia exported to Cape Verde were Confectionery Sugar ($272k), Raw Sugar ($257k), and Refined Petroleum ($41.7k). Over the past 5 years the exports of Colombia to Cape Verde have decreased at an annualized rate of 1.96%, from $639k in 2017 to $579k in 2022.

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

Cape Verde-Colombia Trade: In 2022, Cape Verde exported $1.93k to Colombia. The main products that Cape Verde exported to Colombia were Valves ($975) and Non-Knit Men's Suits ($954). Over the past 5 years the exports of Cape Verde to Colombia have decreased at an annualized rate of 27.3%,  from $9.52k in 2017 to $1.93k in 2022.

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

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Colombia exported $579k to Cape Verde. The main products exported from Colombia to Cape Verde were Confectionery Sugar ($272k), Raw Sugar ($257k), and Refined Petroleum ($41.7k). During the last 5 years the exports of Colombia to Cape Verde have decreased at an annualized rate of 1.96%, from $639k in 2017 to $579k in 2022.

In 2017, Cape Verde exported $1.93k to Colombia. The main products exported from Cape Verde to Colombia were Valves ($975) and Non-Knit Men's Suits ($954). During the last 5 years the exports of Cape Verde to Colombia have decreased at an annualized rate of 27.3%, from $9.52k in 2022 to $1.93k in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Colombia than Cape Verde included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Cape Verde than Colombia included Malawi ($3.64k) and Burma ($1.3k).

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

Comparative Advantage Colombia - Cape Verde

Flow
Scale

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

During 2022, Colombia had a large net trade with Cape Verde in the exports of Foodstuffs ($537k), Mineral Products ($41.7k), and Textiles ($137).

During 2017, Cape Verde had a large net trade with Colombia in the exports of Machines ($975) and Textiles ($954).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Colombia and Cape Verde. This means that a dot/product with the flag of Colombia 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 Colombia.

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

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