2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

In N/A, Cape Verde did not export any services to North Korea.

North Korea-Cape Verde Trade: In N/A, North Korea exported $79.1k to Cape Verde. The main products that North Korea exported to Cape Verde were Valves ($20.6k), Centrifuges ($14k), and Laboratory Reagents ($10.2k). Over the past N/A years the exports of North Korea to Cape Verde have decreased at an annualized rate of 9.79%,  from $132k in N/A to $79.1k in N/A.

In N/A, North Korea did not export any services to Cape Verde.

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M). That same year, North Korea ranked 182 in total exports ($248M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Cape Verde does not register exports to North Korea.

In 2017, North Korea exported $79.1k to Cape Verde. The main products exported from North Korea to Cape Verde were Valves ($20.6k), Centrifuges ($14k), and Laboratory Reagents ($10.2k). During the last 5 years the exports of North Korea to Cape Verde have decreased at an annualized rate of 9.79%, from $132k in 2022 to $79.1k in 2017.

Exports from Cape Verde (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Cape Verde (Flag) (2022)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Cape Verde than North Korea included Spain ($51.3M), Portugal ($10.9M), and Italy ($8.39M).

In 2022, countries that imported more from North Korea than Cape Verde included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

Difference in imports from North Korea (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - North Korea

Flow
Scale

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

During 2017, North Korea had a large net trade with Cape Verde in the exports of Machines ($50.1k), Chemical Products ($14.9k), and Plastics and Rubbers ($9.68k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and North Korea (Flag) (2022)

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