NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $3.23MRnk 9 / 101
2023
Flag → Flag
Top Product $3.13MRefined Petroleum
2023
Flag → Flag
Exports $13MRnk 154 / 221
2023
Flag → Flag
Top Product $11.2MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 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$11,379CURRENT US$
Rnk 85 / 196
2013-2023
Flag
GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Cape Verde-Malaysia Trade: In 2023, Cape Verde exported $3.23M to Malaysia. The main products that Cape Verde exported to Malaysia were Refined Petroleum ($3.13M), Fish Oil ($96.6k), and Other Plastic Products ($5.7k). Over the past 10 years the exports of Cape Verde to Malaysia have increased at an annualized rate of 121%, from $1.15k in 2013 to $3.23M in 2023.

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

Malaysia-Cape Verde Trade: In 2023, Malaysia exported $13M to Cape Verde. The main products that Malaysia exported to Cape Verde were Refined Petroleum ($11.2M), Malt Extract ($975k), and Concentrated Milk ($486k). Over the past 10 years the exports of Malaysia to Cape Verde have increased at an annualized rate of 76.5%,  from $759k in 2013 to $13M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $3.23M to Malaysia. The main products exported from Cape Verde to Malaysia were Refined Petroleum ($3.13M), Fish Oil ($96.6k), and Other Plastic Products ($5.7k). During the last 10 years the exports of Cape Verde to Malaysia have increased at an annualized rate of 121%, from $1.15k in 2013 to $3.23M in 2023.

In 2018, Malaysia exported $13M to Cape Verde. The main products exported from Malaysia to Cape Verde were Refined Petroleum ($11.2M), Malt Extract ($975k), and Concentrated Milk ($486k). During the last 5 years the exports of Malaysia to Cape Verde have increased at an annualized rate of 76.5%, from $759k in 2023 to $13M in 2018.

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

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

Latest Data

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

Cape Verde Exports

Malaysia Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Malaysia
Top DestinationChina$79.8B

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

In 2023, countries that imported more from Cape Verde than Malaysia included Gibraltar ($2.69M).

In 2023, countries that imported more from Malaysia than Cape Verde included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Cape Verde - Malaysia

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Malaysia in the exports of Mineral Products ($3.13M), Animal and Vegetable Bi-Products ($96.6k), and Plastics and Rubbers ($5.7k).

During 2018, Malaysia had a large net trade with Cape Verde in the exports of Mineral Products ($11.2M), Foodstuffs ($975k), and Animal Products ($486k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms