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2023
Flag → Flag
Exports $348kRnk 24 / 101
2023
Flag → Flag
Top Product $314kMolluscs
2023
Flag → Flag
Exports $1.99kRnk 73 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.21Rnk 73 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$104BCURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP GROWTH97.1%CURRENT US$
Rnk 16 / 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$5,763CURRENT US$
Rnk 117 / 196
2013-2023
Flag
GDP PC GROWTH67.3%CURRENT US$
Rnk 27 / 195

About

Cape Verde-Guatemala Trade: In 2023, Cape Verde exported $348k to Guatemala. The main products that Cape Verde exported to Guatemala were Molluscs ($314k), Wheelchairs ($13.8k), and Other Plastic Products ($4.73k). Over the past 18 years the exports of Cape Verde to Guatemala have increased at an annualized rate of 23%, from $8.44k in 2005 to $348k in 2023.

In 2023, Cape Verde did not export any services to Guatemala.

Guatemala-Cape Verde Trade: In 2023, Guatemala exported $1.99k to Cape Verde. The main products that Guatemala exported to Cape Verde were N/A. Over the past 18 years the exports of Guatemala to Cape Verde have decreased at an annualized rate of 13.5%,  from $4.11k in 2005 to $1.99k in 2023.

In 2023, Guatemala 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, Guatemala ranked 73 in the Economic Complexity Index (ECI -0.21), and 86 in total exports ($15.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $348k to Guatemala. The main products exported from Cape Verde to Guatemala were Molluscs ($314k), Wheelchairs ($13.8k), and Other Plastic Products ($4.73k). During the last 18 years the exports of Cape Verde to Guatemala have increased at an annualized rate of 23%, from $8.44k in 2005 to $348k in 2023.

In 2017, Guatemala exported $1.99k to Cape Verde. There were not main exports from Guatemala to Cape Verde in 2017. During the last 5 years the exports of Guatemala to Cape Verde have decreased at an annualized rate of 13.5%, from $4.11k in 2022 to $1.99k in 2017.

Exports from Cape Verde (Flag) to Guatemala (Flag) (2023)

Exports from Guatemala (Flag) to Cape Verde (Flag) (2023)

Latest Data

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

Guatemala Exports

Date

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Guatemala
Top DestinationUnited States$5.16B

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

In 2023, countries that imported more from Cape Verde than Guatemala included Portugal ($14.1M), Gibraltar ($2.69M), and Djibouti ($527k).

In 2023, countries that imported more from Guatemala than Cape Verde included United States ($5.16B), El Salvador ($1.73B), and Honduras ($1.42B).

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

Comparative Advantage Cape Verde - Guatemala

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Guatemala in the exports of Animal Products ($314k), Transportation ($13.8k), and Instruments ($7.14k).

During 2017, Guatemala had a large net trade with Cape Verde 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 Guatemala. This means that a dot/product with the flag of Cape Verde indicates it has a comparative advantage over Guatemala. Similarly, a dot/product with the flag of Guatemala indicates it has a comparative advantage over Cape Verde.

Product Space of Cape Verde (Flag) and Guatemala (Flag) (2023)

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