2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 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
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Cape Verde-Guinea Trade: In 2022, Cape Verde exported $833k to Guinea. The main products that Cape Verde exported to Guinea were N/A. Over the past 14 years the exports of Cape Verde to Guinea have increased at an annualized rate of 86.1%, from $139 in 2008 to $833k in 2022.

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

Guinea-Cape Verde In N/A, Guinea did not export any products to Cape Verde.

In 2022, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $833k to Guinea. There were not main exports from Cape Verde to Guinea in 2022. During the last 14 years the exports of Cape Verde to Guinea have increased at an annualized rate of 86.1%, from $139 in 2008 to $833k in 2022.

Guinea does not register exports to Cape Verde.

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

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

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Cape Verde than Guinea included Portugal ($14.1M), Togo ($11.6M), and Italy ($11.2M).

In 2023, countries that imported more from Guinea than Cape Verde included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

Difference in imports from Guinea (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Guinea

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Guinea in the exports of .

Economic Complexity

Competitive Landscape

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

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

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