Flag Netherlands / Cape Verde Flag

Exports FlagFlag  (2018): $58.5M, Rnk 137 / 219

Top Product FlagFlag (2018): $22.5M, Refined Petroleum

Exports FlagFlag (2018): $531k, Rnk 12 / 76

Top Product FlagFlag (2018): $207k, Hard Liquor

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Netherlands-Cape Verde: In 2018, Netherlands exported $58.5M to Cape Verde. The main products exported from Netherlands to Cape Verde were Refined Petroleum ($22.5M), Poultry Meat ($7.84M), and Other Prepared Meat ($2.07M). During the last 23 years the exports of Netherlands to Cape Verde have increased at an annualized rate of 5.19%, from $18.2M in 1995 to $58.5M in 2018.

Cape Verde-Netherlands: In 2018, Cape Verde exported $531k to Netherlands. The main products exported from Cape Verde to Netherlands were Hard Liquor ($207k), Engine Parts ($118k), and Industrial Printers ($117k). During the last 23 years the exports of Cape Verde to Netherlands have increased at an annualized rate of 5.98%, from $140k in 1995 to $531k in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Cape Verde ranked 187 in total exports ($115M), and does not have data regarding Economic Complexity Index. N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $58.5M to Cape Verde. The main products exported from Netherlands to Cape Verde were Refined Petroleum ($22.5M), Poultry Meat ($7.84M), and Other Prepared Meat ($2.07M). During the last 23 years the exports of Netherlands to Cape Verde have increased at an annualized rate of 5.19%, from $18.2M in 1995 to $58.5M in 2018.

In 2018, Cape Verde exported $531k to Netherlands. The main products exported from Cape Verde to Netherlands were Hard Liquor ($207k), Engine Parts ($118k), and Industrial Printers ($117k). During the last 23 years the exports of Cape Verde to Netherlands have increased at an annualized rate of 5.98%, from $140k in 1995 to $531k in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Cape Verde
Top Destination
: Spain, $70.9M

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 2018, countries that imported more from Netherlands than Cape Verde were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, no countries were registered that imported more from Cape Verde than from Netherlands.

Comparative Advantage Netherlands - Cape Verde

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Depth

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

During 2018, Netherlands had a large net trade with Cape Verde in the exports of Mineral Products ($22.6M), Animal Products ($12.1M), and Foodstuffs ($9.24M).

During 2018, Cape Verde had a large net trade with Netherlands in the exports of Foodstuffs ($268k), Machines ($235k), and Paper Goods ($15.8k).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Cape Verde (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Cape Verde were Sugar beet (178%) and Whey (173%).

In 2015, the products from Cape Verde that paid the highest import tariffs to enter Netherlands were Cocoa powder, sweetened (50%) and Chocolate and other food preps containing cocoa > 2 k (50%).

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*The tariffs present between Netherlands and Cape Verde are:
122: EU preferential tariff for sugar producing countries
136: Most Favoured Nation duty rate treatement
341: Preferential tariffs for countries benefiting from the special incentive arrangement for sustainable development and good governance

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Cape Verde. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Cape Verde. Similarly, the more red a dot/product is, the more Cape Verde has comparative advantage over Netherlands.