2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 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
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186

About

Cape Verde-Finland Trade: In 2022, Cape Verde exported $301 to Finland. The main products that Cape Verde exported to Finland were Non-Knit Women's Coats ($147), Other Sugars ($130), and Non-Knit Men's Suits ($24). Over the past 5 years the exports of Cape Verde to Finland have decreased at an annualized rate of 0.72%, from $312 in 2017 to $301 in 2022.

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

Finland-Cape Verde Trade: In 2022, Finland exported $1.87M to Cape Verde. The main products that Finland exported to Cape Verde were N/A. Over the past 5 years the exports of Finland to Cape Verde have increased at an annualized rate of 9.55%,  from $750k in 2017 to $1.87M in 2022.

In 2022, Finland 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, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $301 to Finland. The main products exported from Cape Verde to Finland were Non-Knit Women's Coats ($147), Other Sugars ($130), and Non-Knit Men's Suits ($24). During the last 5 years the exports of Cape Verde to Finland have decreased at an annualized rate of 0.72%, from $312 in 2017 to $301 in 2022.

In 2017, Finland exported $1.87M to Cape Verde. There were not main exports from Finland to Cape Verde in 2017. During the last 5 years the exports of Finland to Cape Verde have increased at an annualized rate of 9.55%, from $750k in 2022 to $1.87M in 2017.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Finland
Top Destination
Germany$9.99B

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

In 2022, countries that imported more from Cape Verde than Finland included Cuba ($208k).

In 2022, countries that imported more from Finland than Cape Verde included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

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

Comparative Advantage Cape Verde - Finland

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Finland in the exports of Textiles ($171) and Foodstuffs ($130).

During 2017, Finland had a large net trade with Cape Verde in the exports of Wood Products ($973k), Metals ($619k), and Stone And Glass ($225k).

Economic Complexity

Competitive Landscape

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

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

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