2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH
93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC
$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH
74.3%CURRENT US$
Rnk 21 / 195

About

Cape Verde-Dominican Republic Trade: In 2023, Cape Verde exported $8.73k to Dominican Republic. The main products that Cape Verde exported to Dominican Republic were Metal Mountings ($3.47k), Non-Knit Women's Suits ($2.27k), and Knit T-shirts ($1.43k). Over the past 5 years the exports of Cape Verde to Dominican Republic have decreased at an annualized rate of 3.02%, from $10.2k in 2018 to $8.73k in 2023.

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

Dominican Republic-Cape Verde Trade: In 2023, Dominican Republic exported $81.7k to Cape Verde. The main products that Dominican Republic exported to Cape Verde were Rough Wood ($81.7k). Over the past 5 years the exports of Dominican Republic to Cape Verde have increased at an annualized rate of 30.5%,  from $21.6k in 2018 to $81.7k in 2023.

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

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $8.73k to Dominican Republic. The main products exported from Cape Verde to Dominican Republic were Metal Mountings ($3.47k), Non-Knit Women's Suits ($2.27k), and Knit T-shirts ($1.43k). During the last 5 years the exports of Cape Verde to Dominican Republic have decreased at an annualized rate of 3.02%, from $10.2k in 2018 to $8.73k in 2023.

In 2018, Dominican Republic exported $81.7k to Cape Verde. The main products exported from Dominican Republic to Cape Verde were Rough Wood ($81.7k). During the last 5 years the exports of Dominican Republic to Cape Verde have increased at an annualized rate of 30.5%, from $21.6k in 2023 to $81.7k in 2018.

Exports from Cape Verde (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Cape Verde (Flag) (2023)

Latest Data

Trade between Cape Verde (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Dominican Republic
Top Destination
United States$7.08B

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

In 2023, countries that imported more from Cape Verde than Dominican Republic included Togo ($11.6M), Portugal ($14.1M), and Ghana ($3.53M).

In 2023, countries that imported more from Dominican Republic than Cape Verde included United States ($7.08B), Switzerland ($885M), and Haiti ($856M).

Difference in imports from Dominican Republic (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Dominican Republic

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Dominican Republic in the exports of Textiles ($4.9k), Metals ($3.47k), and Machines ($238).

During 2018, Dominican Republic had a large net trade with Cape Verde in the exports of Wood Products ($81.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Dominican Republic (Flag) (2023)

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