2022
Flag  
GDP
$27.8BCURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP GROWTH
88.7%CURRENT US$
Rnk 20 / 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 
$72,903CURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP PC GROWTH
58.5%CURRENT US$
Rnk 29 / 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

Iceland-Cape Verde Trade: In 2021, Iceland exported $3.52k to Cape Verde. The main products that Iceland exported to Cape Verde were N/A. Over the past 6 years the exports of Iceland to Cape Verde have decreased at an annualized rate of 59%, from $737k in 2015 to $3.52k in 2021.

In 2021, Iceland did not export any services to Cape Verde.

Cape Verde-Iceland In N/A, Cape Verde did not export any products to Iceland.

In 2021, Cape Verde did not export any services to Iceland.

Comparison In 2022,  Iceland ranked 116 in total exports ($7.31B). That same year, Cape Verde ranked 196 in total exports ($92.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Iceland exported $3.52k to Cape Verde. There were not main exports from Iceland to Cape Verde in 2021. During the last 6 years the exports of Iceland to Cape Verde have decreased at an annualized rate of 59%, from $737k in 2015 to $3.52k in 2021.

Cape Verde does not register exports to Iceland. The main products exported from Cape Verde to Iceland were Refined Petroleum ($14.1k).

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

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

Latest Data

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

Iceland Exports

Market Competitiveness

Color
Iceland
Top Destination
Netherlands$1.97B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Iceland than Cape Verde included Netherlands ($1.97B), United Kingdom ($672M), and United States ($613M).

In 2022, countries that imported more from Cape Verde than Iceland included Kenya ($694k), Angola ($275k), and Algeria ($135k).

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

Comparative Advantage Iceland - Cape Verde

Flow
Scale

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

During 2021, Iceland had a large net trade with Cape Verde in the exports of .

Economic Complexity

Competitive Landscape

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

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

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