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2020
Flag → Flag
Exports $212kRnk 100 / 0
2020
Flag → Flag
Exports $113kRnk 14 / 52
2020
Flag → Flag
Top Product $43.1kOther Nuts
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH65.1%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC $3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC$776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH29.6%CURRENT US$
Rnk 64 / 186

About

Cape Verde-Guinea-Bissau Trade: In 2020, Cape Verde exported $212k to Guinea-Bissau. The main products that Cape Verde exported to Guinea-Bissau were N/A. Over the past 5 years the exports of Cape Verde to Guinea-Bissau have increased at an annualized rate of 63.9%, from $17.9k in 2015 to $212k in 2020.

In 2020, Cape Verde did not export any services to Guinea-Bissau.

Guinea-Bissau-Cape Verde Trade: In 2020, Guinea-Bissau exported $113k to Cape Verde. The main products that Guinea-Bissau exported to Cape Verde were Other Nuts ($43.1k), Other Plastic Products ($28.6k), and Ground Nuts ($25.1k). Over the past 5 years the exports of Guinea-Bissau to Cape Verde have increased at an annualized rate of 14.5%,  from $57.7k in 2015 to $113k in 2020.

In 2020, Guinea-Bissau did not export any services to Cape Verde.

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M). That same year, Guinea-Bissau ranked 184 in total exports ($221M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Cape Verde exported $212k to Guinea-Bissau. There were not main exports from Cape Verde to Guinea-Bissau in 2020. During the last 5 years the exports of Cape Verde to Guinea-Bissau have increased at an annualized rate of 63.9%, from $17.9k in 2015 to $212k in 2020.

In 2017, Guinea-Bissau exported $113k to Cape Verde. The main products exported from Guinea-Bissau to Cape Verde were Other Nuts ($43.1k), Other Plastic Products ($28.6k), and Ground Nuts ($25.1k). During the last 5 years the exports of Guinea-Bissau to Cape Verde have increased at an annualized rate of 14.5%, from $57.7k in 2022 to $113k in 2017.

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

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

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Guinea-Bissau
Top DestinationIndia$203M

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 2022, countries that imported more from Cape Verde than Guinea-Bissau included Spain ($51.3M), Portugal ($10.9M), and Italy ($8.39M).

In 2022, countries that imported more from Guinea-Bissau than Cape Verde included India ($203M), Cote d'Ivoire ($5.27M), and Togo ($4.97M).

Difference in imports from Guinea-Bissau (Flag) and Cape Verde (Flag) (2022)

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 2020, Cape Verde had a large net trade with Guinea-Bissau in the exports of .

During 2017, Guinea-Bissau had a large net trade with Cape Verde in the exports of Vegetable Products ($73.5k), Plastics and Rubbers ($28.6k), and Animal and Vegetable Bi-Products ($7.98k).

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) (2022)

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