Flag India / Cape Verde Flag

Exports FlagFlag  (2018): $1.85M, Rnk 186 / 211

Top Product FlagFlag (2018): $314k, Packaged Medicaments

Exports FlagFlag (2018): $2.83M, Rnk 5 / 76

Top Product FlagFlag (2018): $1.08M, Scrap Copper

Economic Complexity of Flag (2018): ECI 0.57, Rnk 45 / 137

GDP Flag (2018): $2.72T, CURRENT US$
Rnk 7 / 196

GDP GROWTH Flag (2008-2018): 127%, CURRENT US$
Rnk 20 / 196

GDP Flag (2018): $1.98B, CURRENT US$
Rnk 171 / 196

GDP GROWTH Flag (2008-2018): 10.5%, CURRENT US$
Rnk 142 / 196

GDP PC Flag (2018): $2,010, CURRENT US$
Rnk 152 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 16 / 196

GDP PC Flag (2018): $3,635, CURRENT US$
Rnk 127 / 196

GDP PC GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 154 / 196

India-Cape Verde: In 2018, India exported $1.85M to Cape Verde. The main products exported from India to Cape Verde were Packaged Medicaments ($314k), Refined Petroleum ($210k), and Cars ($184k). During the last 23 years the exports of India to Cape Verde have increased at an annualized rate of 30.1%, from $4.32k in 1995 to $1.85M in 2018.

Cape Verde-India: In 2018, Cape Verde exported $2.83M to India. The main products exported from Cape Verde to India were Scrap Copper ($1.08M), Scrap Iron ($967k), and Scrap Aluminium ($479k). During the last 22 years the exports of Cape Verde to India have increased at an annualized rate of 33.6%, from $3.62k in 1996 to $2.83M in 2018.

Comparison: In 2018, India ranked 45 in the Economic Complexity Index (ECI 0.57), and 16 in total exports ($326B). That same year, Cape Verde ranked 187 in total exports ($115M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, India was ranked 152 with a GDP Per Capita of $2,010, and Cape Verde was ranked 127 with a GDP Per Capita of $3,635.

Bilateral Trade by Products

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Depth
Value

In 2018, India exported $1.85M to Cape Verde. The main products exported from India to Cape Verde were Packaged Medicaments ($314k), Refined Petroleum ($210k), and Cars ($184k). During the last 23 years the exports of India to Cape Verde have increased at an annualized rate of 30.1%, from $4.32k in 1995 to $1.85M in 2018.

In 2018, Cape Verde exported $2.83M to India. The main products exported from Cape Verde to India were Scrap Copper ($1.08M), Scrap Iron ($967k), and Scrap Aluminium ($479k). During the last 22 years the exports of Cape Verde to India have increased at an annualized rate of 33.6%, from $3.62k in 1996 to $2.83M in 2018.

Market Competitiveness

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Measure

India
Top Destination
: United States, $52B

Cape Verde
Top Destination
: Spain, $70.9M

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 2018, countries that imported more from India than Cape Verde were United States ($52B), United Arab Emirates ($27.1B), and China ($16.6B).

In 2018, no countries were registered that imported more from Cape Verde than from India.

Comparative Advantage India - Cape Verde

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Depth

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

During 2018, India had a large net trade with Cape Verde in the exports of Chemical Products ($560k), Machines ($313k), and Mineral Products ($261k).

During 2018, Cape Verde had a large net trade with India in the exports of Metals ($2.53M), Chemical Products ($300k), and Machines ($1.86k).

Tariff Section

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This sections shows import tariffs for products traded between India and Cape Verde (using the HS6 product classification and the last year reported).

In 2018, the products from India that paid the highest import tariffs to enter Cape Verde were Food preparations nes (150%) and Grape wines, sparkling (150%).

In 2015, the products from Cape Verde that paid the highest import tariffs to enter India were Cocoa powder, sweetened (50%) and Chocolate and other food preps containing cocoa > 2 k (50%).

Explore Tariff Data

*The tariffs present between India and Cape Verde are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between India and Cape Verde. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more India has comparative advantage over Cape Verde. Similarly, the more red a dot/product is, the more Cape Verde has comparative advantage over India.