2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 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
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Cape Verde-Ghana Trade: In 2020, Cape Verde exported $1.23k to Ghana. The main products that Cape Verde exported to Ghana were N/A. Over the past 5 years the exports of Cape Verde to Ghana have decreased at an annualized rate of 19%, from $3.52k in 2015 to $1.23k in 2020.

In 2020, Cape Verde did not export any services to Ghana.

Ghana-Cape Verde Trade: In 2020, Ghana exported $440k to Cape Verde. The main products that Ghana exported to Cape Verde were Sawn Wood ($230k), Video Displays ($139k), and Refrigerators ($29.2k). Over the past 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 12.8%,  from $875k in 2015 to $440k in 2020.

In 2020, Ghana 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, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Cape Verde exported $1.23k to Ghana. There were not main exports from Cape Verde to Ghana in 2020. During the last 5 years the exports of Cape Verde to Ghana have decreased at an annualized rate of 19%, from $3.52k in 2015 to $1.23k in 2020.

In 2017, Ghana exported $440k to Cape Verde. The main products exported from Ghana to Cape Verde were Sawn Wood ($230k), Video Displays ($139k), and Refrigerators ($29.2k). During the last 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 12.8%, from $875k in 2022 to $440k in 2017.

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

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

Latest Data

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

Cape Verde Exports

Ghana Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Cape Verde than Ghana included Portugal ($10.9M), Cuba ($208k), and Algeria ($135k).

In 2022, countries that imported more from Ghana than Cape Verde included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

Comparative Advantage Cape Verde - Ghana

Flow
Scale

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

During 2020, Cape Verde had a large net trade with Ghana in the exports of .

During 2017, Ghana had a large net trade with Cape Verde in the exports of Wood Products ($230k), Machines ($186k), and Animal Products ($21.5k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with