2023
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GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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 GDP
$2.53BCURRENT US$
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2013-2023
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GDP GROWTH
24.9%CURRENT US$
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2023
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GDP PC 
$33,767CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
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2023
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GDP PC
$4,851CURRENT US$
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2013-2023
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GDP PC GROWTH
22.5%CURRENT US$
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About

Japan-Cape Verde Trade: In 2023, Japan exported $11.8M to Cape Verde. The main products that Japan exported to Cape Verde were Cars ($4.52M), Buses ($2.57M), and Delivery Trucks ($2.07M). Over the past 5 years the exports of Japan to Cape Verde have increased at an annualized rate of 20.3%, from $4.67M in 2018 to $11.8M in 2023.

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

Cape Verde-Japan Trade: In 2023, Cape Verde exported $10.1k to Japan. The main products that Cape Verde exported to Japan were Other Plastic Products ($8.91k) and Valves ($1.2k). Over the past 5 years the exports of Cape Verde to Japan have decreased at an annualized rate of 24.9%,  from $75k in 2018 to $10.1k in 2023.

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

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). 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, Japan exported $11.8M to Cape Verde. The main products exported from Japan to Cape Verde were Cars ($4.52M), Buses ($2.57M), and Delivery Trucks ($2.07M). During the last 5 years the exports of Japan to Cape Verde have increased at an annualized rate of 20.3%, from $4.67M in 2018 to $11.8M in 2023.

In 2018, Cape Verde exported $10.1k to Japan. The main products exported from Cape Verde to Japan were Other Plastic Products ($8.91k) and Valves ($1.2k). During the last 5 years the exports of Cape Verde to Japan have decreased at an annualized rate of 24.9%, from $75k in 2023 to $10.1k in 2018.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$143B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Japan than Cape Verde included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Comparative Advantage Japan - Cape Verde

Flow
Scale

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

During 2023, Japan had a large net trade with Cape Verde in the exports of Transportation ($9.25M), Vegetable Products ($1.82M), and Machines ($421k).

During 2018, Cape Verde had a large net trade with Japan in the exports of Plastics and Rubbers ($8.91k) and Machines ($1.2k).

Economic Complexity

Competitive Landscape

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

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

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