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Pricing

2022
Flag → Flag
Exports $89.1kRnk 26 / 90
2022
Flag → Flag
Top Product $88.6kVideo and Card Games
2022
Flag → Flag
Exports $19.4MRnk 153 / 222
2022
Flag → Flag
Top Product $11.2MConcentrated Milk
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC $3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Cape Verde-Belgium Trade: In 2022, Cape Verde exported $89.1k to Belgium. The main products that Cape Verde exported to Belgium were Video and Card Games ($88.6k), Refined Petroleum ($169), and Office Machine Parts ($130). Over the past 5 years the exports of Cape Verde to Belgium have increased at an annualized rate of 158%, from $780 in 2017 to $89.1k in 2022.

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

Belgium-Cape Verde Trade: In 2022, Belgium exported $19.4M to Cape Verde. The main products that Belgium exported to Cape Verde were Concentrated Milk ($11.2M), Other Frozen Vegetables ($1.39M), and Dried Legumes ($582k). Over the past 5 years the exports of Belgium to Cape Verde have decreased at an annualized rate of 7.39%,  from $28.5M in 2017 to $19.4M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $89.1k to Belgium. The main products exported from Cape Verde to Belgium were Video and Card Games ($88.6k), Refined Petroleum ($169), and Office Machine Parts ($130). During the last 5 years the exports of Cape Verde to Belgium have increased at an annualized rate of 158%, from $780 in 2017 to $89.1k in 2022.

In 2017, Belgium exported $19.4M to Cape Verde. The main products exported from Belgium to Cape Verde were Concentrated Milk ($11.2M), Other Frozen Vegetables ($1.39M), and Dried Legumes ($582k). During the last 5 years the exports of Belgium to Cape Verde have decreased at an annualized rate of 7.39%, from $28.5M in 2022 to $19.4M in 2017.

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

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

Latest Data

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

Cape Verde Exports

Date

Belgium Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Belgium
Top DestinationGermany$91.9B

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

In 2022, no countries were registered that imported more from Cape Verde than from Belgium.

In 2022, countries that imported more from Belgium than Cape Verde included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Cape Verde - Belgium

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Belgium in the exports of Miscellaneous ($88.6k), Foodstuffs ($172), and Mineral Products ($170).

During 2017, Belgium had a large net trade with Cape Verde in the exports of Animal Products ($11.3M), Foodstuffs ($2.8M), and Vegetable Products ($1.22M).

Economic Complexity

Competitive Landscape

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

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

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