2023
Flag  
GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
 GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC
$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

Indonesia-Cape Verde Trade: In 2023, Indonesia exported $2.07M to Cape Verde. The main products that Indonesia exported to Cape Verde were Cars ($953k), Cleaning Products ($260k), and Palm Oil ($248k). Over the past 5 years the exports of Indonesia to Cape Verde have increased at an annualized rate of 21.7%, from $774k in 2018 to $2.07M in 2023.

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

Cape Verde-Indonesia Trade: In 2023, Cape Verde exported $19.3k to Indonesia. The main products that Cape Verde exported to Indonesia were Light Rubberized Knitted Fabric ($10.2k), Integrated Circuits ($4.21k), and Other Non-Knit Clothing Accessories ($1.89k). Over the past 5 years the exports of Cape Verde to Indonesia have decreased at an annualized rate of 23.9%,  from $130k in 2018 to $19.3k in 2023.

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

Comparison In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085),  and 27 in total exports ($299B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Indonesia exported $2.07M to Cape Verde. The main products exported from Indonesia to Cape Verde were Cars ($953k), Cleaning Products ($260k), and Palm Oil ($248k). During the last 5 years the exports of Indonesia to Cape Verde have increased at an annualized rate of 21.7%, from $774k in 2018 to $2.07M in 2023.

In 2018, Cape Verde exported $19.3k to Indonesia. The main products exported from Cape Verde to Indonesia were Light Rubberized Knitted Fabric ($10.2k), Integrated Circuits ($4.21k), and Other Non-Knit Clothing Accessories ($1.89k). During the last 5 years the exports of Cape Verde to Indonesia have decreased at an annualized rate of 23.9%, from $130k in 2023 to $19.3k in 2018.

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

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

Latest Data

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

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$70.7B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Indonesia than Cape Verde included China ($70.7B), United States ($27.9B), and India ($24B).

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

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

Comparative Advantage Indonesia - Cape Verde

Flow
Scale

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

During 2023, Indonesia had a large net trade with Cape Verde in the exports of Transportation ($970k), Chemical Products ($417k), and Animal and Vegetable Bi-Products ($248k).

During 2018, Cape Verde had a large net trade with Indonesia in the exports of Textiles ($13.5k), Machines ($4.96k), and Animal Hides ($768).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Indonesia and Cape Verde. This means that a dot/product with the flag of Indonesia 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 Indonesia.

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

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