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2023
Flag → Flag
Exports $401kRnk 146 / 183
2023
Flag → Flag
Top Product $289kConfectionery Sugar
2023
Flag → Flag
Exports $7.55kRnk 64 / 101
2023
Flag → Flag
Top Product $7.55kOther Domestic Electric Housewares
2023
Flag
Economic Complexity (ECI) ECI 0.23Rnk 51 / 132
2023
Flag  
GDP$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC $6,947CURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP PC GROWTH-16.1%CURRENT US$
Rnk 173 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Colombia-Cape Verde Trade: In 2023, Colombia exported $401k to Cape Verde. The main products that Colombia exported to Cape Verde were Confectionery Sugar ($289k), Other Furniture ($59.3k), and Raw Sugar ($37.5k). Over the past 5 years the exports of Colombia to Cape Verde have increased at an annualized rate of 14.7%, from $203k in 2018 to $401k in 2023.

In 2023, Colombia did not export any services to Cape Verde.

Cape Verde-Colombia Trade: In 2023, Cape Verde exported $7.55k to Colombia. The main products that Cape Verde exported to Colombia were Other Domestic Electric Housewares ($7.55k). Over the past 5 years the exports of Cape Verde to Colombia have decreased at an annualized rate of 58.6%,  from $624k in 2018 to $7.55k in 2023.

In 2023, Cape Verde did not export any services to Colombia.

Comparison In 2023,  Colombia ranked 51 in the Economic Complexity Index (ECI 0.23),  and 54 in total exports ($54.8B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Colombia exported $401k to Cape Verde. The main products exported from Colombia to Cape Verde were Confectionery Sugar ($289k), Other Furniture ($59.3k), and Raw Sugar ($37.5k). During the last 5 years the exports of Colombia to Cape Verde have increased at an annualized rate of 14.7%, from $203k in 2018 to $401k in 2023.

In 2018, Cape Verde exported $7.55k to Colombia. The main products exported from Cape Verde to Colombia were Other Domestic Electric Housewares ($7.55k). During the last 5 years the exports of Cape Verde to Colombia have decreased at an annualized rate of 58.6%, from $624k in 2023 to $7.55k in 2018.

Exports from Colombia (Flag) to Cape Verde (Flag) (2023)

Exports from Cape Verde (Flag) to Colombia (Flag) (2023)

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Colombia
Top DestinationUnited States$14.8B
Cape Verde
Top DestinationSpain$74.7M

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 2023, countries that imported more from Colombia than Cape Verde included United States ($14.8B), Panama ($4.66B), and China ($2.5B).

In 2023, countries that imported more from Cape Verde than Colombia included Gibraltar ($2.69M), Sao Tome and Principe ($5.29k), and Niger ($141).

Difference in imports from Cape Verde (Flag) and Colombia (Flag) (2023)

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 2023, Colombia had a large net trade with Cape Verde in the exports of Foodstuffs ($342k), Miscellaneous ($59.3k), and Vegetable Products ($160).

During 2018, Cape Verde had a large net trade with Colombia in the exports of Machines ($7.55k).

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) (2023)

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