2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Cape Verde-Angola Trade: In 2022, Cape Verde exported $275k to Angola. The main products that Cape Verde exported to Angola were Pesticides ($192k), Pyrophoric Alloys ($48.7k), and Surveying Equipment ($12.9k). Over the past 5 years the exports of Cape Verde to Angola have decreased at an annualized rate of 31.1%, from $1.77M in 2017 to $275k in 2022.

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

Angola-Cape Verde Trade: In 2022, Angola exported $272k to Cape Verde. The main products that Angola exported to Cape Verde were Cars ($257k), Flavored Water ($8.79k), and Fruit Juice ($2.71k). Over the past 5 years the exports of Angola to Cape Verde have increased at an annualized rate of 1.43%,  from $253k in 2017 to $272k in 2022.

In 2022, Angola 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, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $275k to Angola. The main products exported from Cape Verde to Angola were Pesticides ($192k), Pyrophoric Alloys ($48.7k), and Surveying Equipment ($12.9k). During the last 5 years the exports of Cape Verde to Angola have decreased at an annualized rate of 31.1%, from $1.77M in 2017 to $275k in 2022.

In 2017, Angola exported $272k to Cape Verde. The main products exported from Angola to Cape Verde were Cars ($257k), Flavored Water ($8.79k), and Fruit Juice ($2.71k). During the last 5 years the exports of Angola to Cape Verde have increased at an annualized rate of 1.43%, from $253k in 2022 to $272k in 2017.

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

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

Latest Data

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

Cape Verde Exports

Angola Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Cape Verde than Angola included Greece ($1.21M), Guatemala ($251k), and Algeria ($135k).

In 2022, countries that imported more from Angola than Cape Verde included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

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

Comparative Advantage Cape Verde - Angola

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Angola in the exports of Chemical Products ($245k), Instruments ($12.9k), and Paper Goods ($6.65k).

During 2017, Angola had a large net trade with Cape Verde in the exports of Transportation ($257k), Foodstuffs ($11.6k), and Machines ($1.27k).

Economic Complexity

Competitive Landscape

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

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

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