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2022
Flag → Flag
Exports $5.61MRnk 122 / 186
2022
Flag → Flag
Top Product $2.19MRefined Petroleum
2022
Flag → Flag
Exports $1.53kRnk 67 / 90
2022
Flag → Flag
Top Product $818Non-Knit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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 $3,528CURRENT US$
Rnk 127 / 186
2012-2022
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GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186
2022
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GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
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GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

Morocco-Cape Verde Trade: In 2022, Morocco exported $5.61M to Cape Verde. The main products that Morocco exported to Cape Verde were Refined Petroleum ($2.19M), Non-fillet Frozen Fish ($1.38M), and Raw Sugar ($465k). Over the past 5 years the exports of Morocco to Cape Verde have increased at an annualized rate of 0.81%, from $5.39M in 2017 to $5.61M in 2022.

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

Cape Verde-Morocco Trade: In 2022, Cape Verde exported $1.53k to Morocco. The main products that Cape Verde exported to Morocco were Non-Knit Men's Suits ($818), Thermostats ($617), and Gas and Liquid Flow Measuring Instruments ($93). Over the past 5 years the exports of Cape Verde to Morocco have decreased at an annualized rate of 30.8%,  from $1.16M in 2017 to $1.53k in 2022.

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

Comparison In 2022,  Morocco ranked 80 in the Economic Complexity Index (ECI -0.29),  and 63 in total exports ($46.7B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Morocco exported $5.61M to Cape Verde. The main products exported from Morocco to Cape Verde were Refined Petroleum ($2.19M), Non-fillet Frozen Fish ($1.38M), and Raw Sugar ($465k). During the last 5 years the exports of Morocco to Cape Verde have increased at an annualized rate of 0.81%, from $5.39M in 2017 to $5.61M in 2022.

In 2017, Cape Verde exported $1.53k to Morocco. The main products exported from Cape Verde to Morocco were Non-Knit Men's Suits ($818), Thermostats ($617), and Gas and Liquid Flow Measuring Instruments ($93). During the last 5 years the exports of Cape Verde to Morocco have decreased at an annualized rate of 30.8%, from $1.16M in 2022 to $1.53k in 2017.

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

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

Latest Data

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

Morocco Exports

Cape Verde Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$8.55B
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Morocco than Cape Verde included Spain ($8.55B), France ($7.92B), and India ($2.99B).

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

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

Comparative Advantage Morocco - Cape Verde

Flow
Scale

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

During 2022, Morocco had a large net trade with Cape Verde in the exports of Mineral Products ($2.46M), Animal Products ($1.38M), and Foodstuffs ($558k).

During 2017, Cape Verde had a large net trade with Morocco in the exports of Textiles ($818) and Instruments ($710).

Economic Complexity

Competitive Landscape

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

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

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