Cape Verde (CPV) and India (IND) Trade | The Observatory of Economic Complexity

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Cape Verde-India Trade: In 2022, Cape Verde exported $4.84M to India. The main products that Cape Verde exported to India were Scrap Iron ($2.81M), Scrap Copper ($1.34M), and Scrap Aluminium ($567k). Over the past 5 years the exports of Cape Verde to India have increased at an annualized rate of 12.1%, from $2.73M in 2017 to $4.84M in 2022.

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

India-Cape Verde Trade: In 2022, India exported $11.2M to Cape Verde. The main products that India exported to Cape Verde were Refined Petroleum ($3.83M), Rice ($2.3M), and Raw Iron Bars ($1.64M). Over the past 5 years the exports of India to Cape Verde have increased at an annualized rate of 47.3%, from $1.61M in 2017 to $11.2M in 2022.

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

Comparison In 2022, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cape Verde exported $4.84M to India. The main products exported from Cape Verde to India were Scrap Iron ($2.81M), Scrap Copper ($1.34M), and Scrap Aluminium ($567k). During the last 5 years the exports of Cape Verde to India have increased at an annualized rate of 12.1%, from $2.73M in 2017 to $4.84M in 2022.

In 2017, India exported $11.2M to Cape Verde. The main products exported from India to Cape Verde were Refined Petroleum ($3.83M), Rice ($2.3M), and Raw Iron Bars ($1.64M). During the last 5 years the exports of India to Cape Verde have increased at an annualized rate of 47.3%, from $1.61M in 2022 to $11.2M in 2017.

Exports from Cape Verde () to India () (2022)

Exports from India () to Cape Verde () (2022)

Latest Data

Trade between Cape Verde () and India ()

Cape Verde Exports

Date

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

India
Top DestinationUnited States$82.9B

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

In 2022, no countries were registered that imported more from Cape Verde than from India.

In 2022, countries that imported more from India than Cape Verde included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

Difference in imports from India () and Cape Verde () (2022)

Comparative Advantage Cape Verde - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with India in the exports of Metals ($4.72M) and Chemical Products ($120k).

During 2017, India had a large net trade with Cape Verde in the exports of Mineral Products ($3.83M), Vegetable Products ($2.3M), and Metals ($1.7M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to India () (2022)

Exports from India () to Cape Verde () (2022)

Latest Data

Trade between Cape Verde () and India ()

Cape Verde Exports

India Exports

Market Competitiveness

Difference in imports from India () and Cape Verde () (2022)

Comparative Advantage Cape Verde - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and India () (2022)

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