2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
Rnk 42 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
Rnk 37 / 186

About

Cape Verde-Singapore Trade: In 2022, Cape Verde exported $46.9k to Singapore. The main products that Cape Verde exported to Singapore were Integrated Circuits ($18.9k), Other Processed Fruits and Nuts ($13.4k), and Iron Toiletry ($6.53k). Over the past 5 years the exports of Cape Verde to Singapore have decreased at an annualized rate of 47%, from $1.12M in 2017 to $46.9k in 2022.

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

Singapore-Cape Verde Trade: In 2022, Singapore exported $724k to Cape Verde. The main products that Singapore exported to Cape Verde were Pasta ($347k), Non-Mechanical Removal Machinery ($81.9k), and Coconut Oil ($47.7k). Over the past 5 years the exports of Singapore to Cape Verde have decreased at an annualized rate of 5.75%,  from $973k in 2017 to $724k in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $46.9k to Singapore. The main products exported from Cape Verde to Singapore were Integrated Circuits ($18.9k), Other Processed Fruits and Nuts ($13.4k), and Iron Toiletry ($6.53k). During the last 5 years the exports of Cape Verde to Singapore have decreased at an annualized rate of 47%, from $1.12M in 2017 to $46.9k in 2022.

In 2017, Singapore exported $724k to Cape Verde. The main products exported from Singapore to Cape Verde were Pasta ($347k), Non-Mechanical Removal Machinery ($81.9k), and Coconut Oil ($47.7k). During the last 5 years the exports of Singapore to Cape Verde have decreased at an annualized rate of 5.75%, from $973k in 2022 to $724k in 2017.

Exports from Cape Verde (Flag) to Singapore (Flag) (2022)

Exports from Singapore (Flag) to Cape Verde (Flag) (2022)

Latest Data

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

Cape Verde Exports

Singapore Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Singapore
Top Destination
Hong Kong$51.6B

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

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

In 2022, countries that imported more from Singapore than Cape Verde included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

Difference in imports from Singapore (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Singapore

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Singapore in the exports of Machines ($19k), Foodstuffs ($13.4k), and Metals ($6.53k).

During 2017, Singapore had a large net trade with Cape Verde in the exports of Foodstuffs ($369k), Machines ($128k), and Plastics and Rubbers ($51.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Singapore (Flag) (2022)

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