2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 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
$7,907CURRENT US$
Rnk 97 / 196
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 195

About

Cape Verde-Peru Trade: In 2023, Cape Verde exported $27.6k to Peru. The main products that Cape Verde exported to Peru were Special Pharmaceuticals ($27k), Insulated Wire ($352), and Iron Housewares ($268). Over the past 5 years the exports of Cape Verde to Peru have decreased at an annualized rate of 42.3%, from $434k in 2018 to $27.6k in 2023.

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

Peru-Cape Verde Trade: In 2023, Peru exported $570k to Cape Verde. The main products that Peru exported to Cape Verde were Other Processed Vegetables ($374k), Dried Legumes ($129k), and Beer ($30.4k). Over the past 5 years the exports of Peru to Cape Verde have decreased at an annualized rate of 11%,  from $1.02M in 2018 to $570k in 2023.

In 2023, Peru 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, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $27.6k to Peru. The main products exported from Cape Verde to Peru were Special Pharmaceuticals ($27k), Insulated Wire ($352), and Iron Housewares ($268). During the last 5 years the exports of Cape Verde to Peru have decreased at an annualized rate of 42.3%, from $434k in 2018 to $27.6k in 2023.

In 2018, Peru exported $570k to Cape Verde. The main products exported from Peru to Cape Verde were Other Processed Vegetables ($374k), Dried Legumes ($129k), and Beer ($30.4k). During the last 5 years the exports of Peru to Cape Verde have decreased at an annualized rate of 11%, from $1.02M in 2023 to $570k in 2018.

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

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

Latest Data

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

Cape Verde Exports

Date

Peru Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Peru
Top Destination
China$22.5B

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

In 2023, countries that imported more from Cape Verde than Peru included Togo ($11.6M), Djibouti ($527k), and Angola ($222k).

In 2023, countries that imported more from Peru than Cape Verde included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

Comparative Advantage Cape Verde - Peru

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Peru in the exports of Chemical Products ($27k), Machines ($352), and Metals ($268).

During 2018, Peru had a large net trade with Cape Verde in the exports of Foodstuffs ($404k), Vegetable Products ($166k), and Plastics and Rubbers ($12).

Economic Complexity

Competitive Landscape

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

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

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