2022
Flag  
GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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 
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 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

Netherlands-Cape Verde Trade: In 2022, Netherlands exported $68.2M to Cape Verde. The main products that Netherlands exported to Cape Verde were Refined Petroleum ($37.2M), Poultry Meat ($7.45M), and Other Prepared Meat ($3.12M). Over the past 5 years the exports of Netherlands to Cape Verde have increased at an annualized rate of 9.78%, from $42.8M in 2017 to $68.2M in 2022.

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

Cape Verde-Netherlands Trade: In 2022, Cape Verde exported $579k to Netherlands. The main products that Cape Verde exported to Netherlands were Hard Liquor ($142k), Baked Goods ($111k), and Processed Fish ($109k). Over the past 5 years the exports of Cape Verde to Netherlands have decreased at an annualized rate of 25.4%,  from $6.05M in 2017 to $579k in 2022.

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

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). 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, Netherlands exported $68.2M to Cape Verde. The main products exported from Netherlands to Cape Verde were Refined Petroleum ($37.2M), Poultry Meat ($7.45M), and Other Prepared Meat ($3.12M). During the last 5 years the exports of Netherlands to Cape Verde have increased at an annualized rate of 9.78%, from $42.8M in 2017 to $68.2M in 2022.

In 2017, Cape Verde exported $579k to Netherlands. The main products exported from Cape Verde to Netherlands were Hard Liquor ($142k), Baked Goods ($111k), and Processed Fish ($109k). During the last 5 years the exports of Cape Verde to Netherlands have decreased at an annualized rate of 25.4%, from $6.05M in 2022 to $579k in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$131B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Netherlands than Cape Verde included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Cape Verde

Flow
Scale

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

During 2022, Netherlands had a large net trade with Cape Verde in the exports of Mineral Products ($37.2M), Animal Products ($9.34M), and Foodstuffs ($8.64M).

During 2017, Cape Verde had a large net trade with Netherlands in the exports of Foodstuffs ($365k), Textiles ($81.3k), and Transportation ($36.6k).

Economic Complexity

Competitive Landscape

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

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

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