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2023
Flag → Flag
Exports $20.2kRnk 48 / 101
2023
Flag → Flag
Top Product $9.45kCleaning Products
2023
Flag → Flag
Exports $101kRnk 24 / 66
2023
Flag → Flag
Top Product $32.4kOther Nuts
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 25 / 195
2023
Flag
GDP PC $4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC$951CURRENT US$
Rnk 179 / 196
2013-2023
Flag
GDP PC GROWTH45.4%CURRENT US$
Rnk 52 / 195

About

Cape Verde-Guinea-Bissau Trade: In 2023, Cape Verde exported $20.2k to Guinea-Bissau. The main products that Cape Verde exported to Guinea-Bissau were Cleaning Products ($9.45k), Bathroom Ceramics ($3.8k), and Hair Products ($3.69k). Over the past 5 years the exports of Cape Verde to Guinea-Bissau have decreased at an annualized rate of 8.22%, from $31k in 2018 to $20.2k in 2023.

In 2023, Cape Verde did not export any services to Guinea-Bissau.

Guinea-Bissau-Cape Verde Trade: In 2023, Guinea-Bissau exported $101k to Cape Verde. The main products that Guinea-Bissau exported to Cape Verde were Other Nuts ($32.4k), Ground Nuts ($28k), and Railway Cargo Containers ($17.7k). Over the past 5 years the exports of Guinea-Bissau to Cape Verde have increased at an annualized rate of 7.5%,  from $70.3k in 2018 to $101k in 2023.

In 2023, Guinea-Bissau did not export any services to Cape Verde.

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M). That same year, Guinea-Bissau ranked 194 in total exports ($109M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $20.2k to Guinea-Bissau. The main products exported from Cape Verde to Guinea-Bissau were Cleaning Products ($9.45k), Bathroom Ceramics ($3.8k), and Hair Products ($3.69k). During the last 5 years the exports of Cape Verde to Guinea-Bissau have decreased at an annualized rate of 8.22%, from $31k in 2018 to $20.2k in 2023.

In 2018, Guinea-Bissau exported $101k to Cape Verde. The main products exported from Guinea-Bissau to Cape Verde were Other Nuts ($32.4k), Ground Nuts ($28k), and Railway Cargo Containers ($17.7k). During the last 5 years the exports of Guinea-Bissau to Cape Verde have increased at an annualized rate of 7.5%, from $70.3k in 2023 to $101k in 2018.

Exports from Cape Verde (Flag) to Guinea-Bissau (Flag) (2023)

Exports from Guinea-Bissau (Flag) to Cape Verde (Flag) (2023)

Latest Data

Trade between Cape Verde (Flag) and Guinea-Bissau (Flag)

Cape Verde Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Guinea-Bissau
Top DestinationIndia$72.3M

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

In 2023, countries that imported more from Cape Verde than Guinea-Bissau included Spain ($74.7M), Portugal ($14.1M), and Italy ($11.2M).

In 2023, countries that imported more from Guinea-Bissau than Cape Verde included India ($72.3M), Chile ($10M), and Cote d'Ivoire ($5.88M).

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

Comparative Advantage Cape Verde - Guinea-Bissau

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Guinea-Bissau in the exports of Chemical Products ($13.1k), Stone And Glass ($3.8k), and Miscellaneous ($2.16k).

During 2018, Guinea-Bissau had a large net trade with Cape Verde in the exports of Vegetable Products ($63.4k), Transportation ($23.5k), and Animal and Vegetable Bi-Products ($7.58k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Guinea-Bissau (Flag) (2023)

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