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2023
Flag → Flag
Exports $10.7MRnk 179 / 219
2023
Flag → Flag
Top Product $711kCentrifuges
2023
Flag → Flag
Exports $11.2MRnk 4 / 101
2023
Flag → Flag
Top Product $11.1MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
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 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
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GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Italy-Cape Verde Trade: In 2023, Italy exported $10.7M to Cape Verde. The main products that Italy exported to Cape Verde were Centrifuges ($711k), Washing and Bottling Machines ($672k), and Glass Bottles ($510k). Over the past 5 years the exports of Italy to Cape Verde have decreased at an annualized rate of 12.2%, from $20.5M in 2018 to $10.7M in 2023.

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

Cape Verde-Italy Trade: In 2023, Cape Verde exported $11.2M to Italy. The main products that Cape Verde exported to Italy were Processed Fish ($11.1M), Railway Cargo Containers ($85.3k), and Electrical Transformers ($16k). Over the past 5 years the exports of Cape Verde to Italy have increased at an annualized rate of 1.62%,  from $10.4M in 2018 to $11.2M in 2023.

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

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Cape Verde, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Growth In N/A, the N/A in Italy's year-by-year exports to Cape Verde was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Cape Verde was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Cape Verde and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $10.7M to Cape Verde. The main products exported from Italy to Cape Verde were Centrifuges ($711k), Washing and Bottling Machines ($672k), and Glass Bottles ($510k). During the last 5 years the exports of Italy to Cape Verde have decreased at an annualized rate of 12.2%, from $20.5M in 2018 to $10.7M in 2023.

In 2018, Cape Verde exported $11.2M to Italy. The main products exported from Cape Verde to Italy were Processed Fish ($11.1M), Railway Cargo Containers ($85.3k), and Electrical Transformers ($16k). During the last 5 years the exports of Cape Verde to Italy have increased at an annualized rate of 1.62%, from $10.4M in 2023 to $11.2M in 2018.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Italy than Cape Verde included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Cape Verde than from Italy.

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

Comparative Advantage Italy - Cape Verde

Flow
Scale

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

During 2023, Italy had a large net trade with Cape Verde in the exports of Machines ($3.32M), Foodstuffs ($1.4M), and Animal Products ($874k).

During 2018, Cape Verde had a large net trade with Italy in the exports of Foodstuffs ($11.1M), Transportation ($86.7k), and Machines ($31.3k).

Economic Complexity

Competitive Landscape

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

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

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