2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$34.4BCURRENT US$
Rnk 104 / 195
2013-2023
Flag
GDP GROWTH
86%CURRENT US$
Rnk 21 / 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
$3,232CURRENT US$
Rnk 141 / 196
2013-2023
Flag
GDP PC GROWTH
55.3%CURRENT US$
Rnk 38 / 195

About

Cape Verde-Honduras Trade: In 2023, Cape Verde exported $383 to Honduras. The main products that Cape Verde exported to Honduras were Plastic Pipes ($218) and Seats ($165). Over the past 6 years the exports of Cape Verde to Honduras have decreased at an annualized rate of 24.6%, from $2.08k in 2017 to $383 in 2023.

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

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

In 2023, Honduras 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, Honduras ranked 88 in the Economic Complexity Index (ECI -0.53), and 95 in total exports ($11.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $383 to Honduras. The main products exported from Cape Verde to Honduras were Plastic Pipes ($218) and Seats ($165). During the last 6 years the exports of Cape Verde to Honduras have decreased at an annualized rate of 24.6%, from $2.08k in 2017 to $383 in 2023.

Honduras does not register exports to Cape Verde. The main products exported from Honduras to Cape Verde were Melons ($268).

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

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

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Honduras
Top Destination
United States$5.87B

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

In 2023, countries that imported more from Cape Verde than Honduras included Togo ($11.6M), Portugal ($14.1M), and Ghana ($3.53M).

In 2023, countries that imported more from Honduras than Cape Verde included United States ($5.87B), Nicaragua ($980M), and El Salvador ($796M).

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

Comparative Advantage Cape Verde - Honduras

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Honduras in the exports of Plastics and Rubbers ($218) and Miscellaneous ($165).

Economic Complexity

Competitive Landscape

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

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

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