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2023
Flag → Flag
Exports $11.2MRnk 4 / 101
2023
Flag → Flag
Top Product $11.1MProcessed Fish
2023
Flag → Flag
Exports $10.7MRnk 179 / 219
2023
Flag → Flag
Top Product $711kCentrifuges
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 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$39,003CURRENT US$
Rnk 32 / 196
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195

About

Cape Verde-Italy Trade: In 2023, Cape Verde exported $11.2M to Italy. The main products that Cape Verde exported to Italy were Processed Fish ($11.1M), Railway Cargo Containers ($85.3k), and Electrical Transformers ($16k). Over the past 5 years the exports of Cape Verde to Italy have increased at an annualized rate of 1.62%, from $10.4M in 2018 to $11.2M in 2023.

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

Italy-Cape Verde Trade: In 2023, Italy exported $10.7M to Cape Verde. The main products that Italy exported to Cape Verde were Centrifuges ($711k), Washing and Bottling Machines ($672k), and Glass Bottles ($510k). Over the past 5 years the exports of Italy to Cape Verde have decreased at an annualized rate of 12.2%,  from $20.5M in 2018 to $10.7M in 2023.

In 2023, Italy 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, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $11.2M to Italy. The main products exported from Cape Verde to Italy were Processed Fish ($11.1M), Railway Cargo Containers ($85.3k), and Electrical Transformers ($16k). During the last 5 years the exports of Cape Verde to Italy have increased at an annualized rate of 1.62%, from $10.4M in 2018 to $11.2M in 2023.

In 2018, Italy exported $10.7M to Cape Verde. The main products exported from Italy to Cape Verde were Centrifuges ($711k), Washing and Bottling Machines ($672k), and Glass Bottles ($510k). During the last 5 years the exports of Italy to Cape Verde have decreased at an annualized rate of 12.2%, from $20.5M in 2023 to $10.7M in 2018.

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

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

Latest Data

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

Cape Verde Exports

Italy Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Italy
Top DestinationGermany$71.4B

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

In 2023, no countries were registered that imported more from Cape Verde than from Italy.

In 2023, countries that imported more from Italy than Cape Verde included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

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

Comparative Advantage Cape Verde - Italy

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Italy in the exports of Foodstuffs ($11.1M), Transportation ($86.7k), and Machines ($31.3k).

During 2018, Italy had a large net trade with Cape Verde in the exports of Machines ($3.32M), Foodstuffs ($1.4M), and Animal Products ($874k).

Economic Complexity

Competitive Landscape

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

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

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