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2022
Flag → Flag
Exports $11.2MRnk 178 / 217
2022
Flag → Flag
Top Product $3.83MRefined Petroleum
2022
Flag → Flag
Exports $4.84MRnk 5 / 90
2022
Flag → Flag
Top Product $2.81MScrap Iron
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
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 GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

India-Cape Verde Trade: In 2022, India exported $11.2M to Cape Verde. The main products that India exported to Cape Verde were Refined Petroleum ($3.83M), Rice ($2.3M), and Raw Iron Bars ($1.64M). Over the past 5 years the exports of India to Cape Verde have increased at an annualized rate of 47.3%, from $1.61M in 2017 to $11.2M in 2022.

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

Cape Verde-India Trade: In 2022, Cape Verde exported $4.84M to India. The main products that Cape Verde exported to India were Scrap Iron ($2.81M), Scrap Copper ($1.34M), and Scrap Aluminium ($567k). Over the past 5 years the exports of Cape Verde to India have increased at an annualized rate of 7.42%,  from $2.73M in 2017 to $4.84M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, India exported $369k and imported $331k from Cape Verde, resulting in a positive trade balance of $38.2k. Between August 2023 and August 2024 the exports of India have decreased by $-165k (-30.9%) from $534k to $369k, while imports decreased by $-107k (-24.4%) from $438k to $331k.

Trade In August 2024, the top exports of India to Cape Verde were Iron And Steel ($96.1k), Ceramics And Allied Products ($78.8k), Indl. Machnry For Dairy Etc ($38.7k), Other Commodities ($31.1k), and Agro Chemicals ($21.7k). In August 2024 the top imports of India from Cape Verde were Copper And Prdcts Made Of Copr ($118k), Aluminium, Products Of Aluminm ($50.9k), and Iron And Steel ($3.29k).

Growth In August 2024, the decrease in India's year-by-year exports to Cape Verde was explained primarily by an decrease in product exports in Iron And Steel ($-181k or -65.3%) and Products Of Iron And Steel ($-1.85k or -28.3%). In August 2024, the decrease in India's year-by-year imports  from Cape Verde was explained primarily by an decrease in product imports  in Iron And Steel ($-199k or -98.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-165k(-30.9%)
IMPORT GROWTH (August 2023 - August 2024)$-107k(-24.4%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Cape Verde and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cape Verde and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $11.2M to Cape Verde. The main products exported from India to Cape Verde were Refined Petroleum ($3.83M), Rice ($2.3M), and Raw Iron Bars ($1.64M). During the last 5 years the exports of India to Cape Verde have increased at an annualized rate of 47.3%, from $1.61M in 2017 to $11.2M in 2022.

In 2017, Cape Verde exported $4.84M to India. The main products exported from Cape Verde to India were Scrap Iron ($2.81M), Scrap Copper ($1.34M), and Scrap Aluminium ($567k). During the last 5 years the exports of Cape Verde to India have increased at an annualized rate of 7.42%, from $2.73M in 2022 to $4.84M in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from India than Cape Verde included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

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

Comparative Advantage India - Cape Verde

Flow
Scale

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

During 2022, India had a large net trade with Cape Verde in the exports of Mineral Products ($3.83M), Vegetable Products ($2.3M), and Metals ($1.7M).

During 2017, Cape Verde had a large net trade with India in the exports of Metals ($4.72M) and Chemical Products ($120k).

Economic Complexity

Competitive Landscape

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

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

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