2023
Flag  
GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC
$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

Netherlands-Cape Verde Trade: In 2023, Netherlands exported $163M to Cape Verde. The main products that Netherlands exported to Cape Verde were Refined Petroleum ($115M), Coal Tar Oil ($17.7M), and Poultry Meat ($5.97M). Over the past 5 years the exports of Netherlands to Cape Verde have increased at an annualized rate of 26.8%, from $49.9M in 2018 to $163M in 2023.

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

Cape Verde-Netherlands Trade: In 2023, Cape Verde exported $2.7M to Netherlands. The main products that Cape Verde exported to Netherlands were Refined Petroleum ($2.07M), Hard Liquor ($194k), and Baked Goods ($108k). Over the past 5 years the exports of Cape Verde to Netherlands have increased at an annualized rate of 41.5%,  from $476k in 2018 to $2.7M in 2023.

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

Comparison In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08),  and 9 in total exports ($599B). 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, Netherlands exported $163M to Cape Verde. The main products exported from Netherlands to Cape Verde were Refined Petroleum ($115M), Coal Tar Oil ($17.7M), and Poultry Meat ($5.97M). During the last 5 years the exports of Netherlands to Cape Verde have increased at an annualized rate of 26.8%, from $49.9M in 2018 to $163M in 2023.

In 2018, Cape Verde exported $2.7M to Netherlands. The main products exported from Cape Verde to Netherlands were Refined Petroleum ($2.07M), Hard Liquor ($194k), and Baked Goods ($108k). During the last 5 years the exports of Cape Verde to Netherlands have increased at an annualized rate of 41.5%, from $476k in 2023 to $2.7M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top Destination
Germany$96.9B
Cape Verde
Top Destination
Spain$74.7M

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 2023, countries that imported more from Netherlands than Cape Verde included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

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

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 2023, Netherlands had a large net trade with Cape Verde in the exports of Mineral Products ($133M), Foodstuffs ($11.1M), and Animal Products ($7.78M).

During 2018, Cape Verde had a large net trade with Netherlands in the exports of Mineral Products ($2.07M), Foodstuffs ($326k), and Transportation ($100k).

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) (2023)

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