2022
Flag  
GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 186
2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 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

Ethiopia-Cape Verde Trade: In 2020, Ethiopia exported $65.7k to Cape Verde. The main products that Ethiopia exported to Cape Verde were N/A. Over the past 11 years the exports of Ethiopia to Cape Verde have increased at an annualized rate of 8.29%, from $27.4k in 2009 to $65.7k in 2020.

In 2020, Ethiopia did not export any services to Cape Verde.

Cape Verde-Ethiopia Trade: In 2020, Cape Verde exported $4.08k to Ethiopia. The main products that Cape Verde exported to Ethiopia were Hair Products ($4.08k). Over the past 11 years the exports of Cape Verde to Ethiopia have decreased at an annualized rate of 3.92%,  from $5.18k in 2009 to $4.08k in 2020.

In 2020, Cape Verde did not export any services to Ethiopia.

Comparison In 2022,  Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72),  and 134 in total exports ($4.24B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Ethiopia exported $65.7k to Cape Verde. There were not main exports from Ethiopia to Cape Verde in 2020. During the last 11 years the exports of Ethiopia to Cape Verde have increased at an annualized rate of 8.29%, from $27.4k in 2009 to $65.7k in 2020.

In 2017, Cape Verde exported $4.08k to Ethiopia. The main products exported from Cape Verde to Ethiopia were Hair Products ($4.08k). During the last 5 years the exports of Cape Verde to Ethiopia have decreased at an annualized rate of 3.92%, from $5.18k in 2022 to $4.08k in 2017.

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

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

Market Competitiveness

Color
Ethiopia
Top Destination
United Arab Emirates$723M
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Ethiopia than Cape Verde included United Arab Emirates ($723M), United States ($557M), and Germany ($274M).

In 2022, countries that imported more from Cape Verde than Ethiopia included Spain ($51.3M), Senegal ($3.8M), and Portugal ($10.9M).

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

Comparative Advantage Ethiopia - Cape Verde

Flow
Scale

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

During 2020, Ethiopia had a large net trade with Cape Verde in the exports of .

During 2017, Cape Verde had a large net trade with Ethiopia in the exports of Chemical Products ($4.08k).

Economic Complexity

Competitive Landscape

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

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

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