Cape Verde (CPV) and Ethiopia (ETH) Trade | The Observatory of Economic Complexity

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Cape Verde-Ethiopia Trade: In 2022, Cape Verde exported $4.08k to Ethiopia. The main products that Cape Verde exported to Ethiopia were Hair Products ($4.08k). Over the past 7 years the exports of Cape Verde to Ethiopia have increased at an annualized rate of 10.7%, from $2k in 2015 to $4.08k in 2022.

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

Ethiopia-Cape Verde Trade: In 2022, Ethiopia exported $65.7k to Cape Verde. The main products that Ethiopia exported to Cape Verde were N/A. Over the past 7 years the exports of Ethiopia to Cape Verde have increased at an annualized rate of 40.3%, from $12.1k in 2015 to $65.7k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cape Verde exported $4.08k to Ethiopia. The main products exported from Cape Verde to Ethiopia were Hair Products ($4.08k). During the last 7 years the exports of Cape Verde to Ethiopia have increased at an annualized rate of 10.7%, from $2k in 2015 to $4.08k in 2022.

In 2015, Ethiopia exported $65.7k to Cape Verde. There were not main exports from Ethiopia to Cape Verde in 2015. During the last 5 years the exports of Ethiopia to Cape Verde have increased at an annualized rate of 40.3%, from $12.1k in 2020 to $65.7k in 2015.

Exports from Cape Verde () to Ethiopia () (2022)

Exports from Ethiopia () to Cape Verde () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Cape Verde than Ethiopia included Spain ($51.3M), Senegal ($3.8M), and Portugal ($10.9M).

In 2022, countries that imported more from Ethiopia than Cape Verde included United Arab Emirates ($723M), United States ($557M), and Germany ($274M).

Difference in imports from Ethiopia () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Ethiopia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with Ethiopia in the exports of Chemical Products ($4.08k).

During 2015, Ethiopia had a large net trade with Cape Verde in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Ethiopia () (2022)

Exports from Ethiopia () to Cape Verde () (2022)

Market Competitiveness

Difference in imports from Ethiopia () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Ethiopia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Ethiopia () (2022)

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