NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $310kRnk 177 / 205
2023
Flag → Flag
Top Product $95.4kOther Inedible Animal Products
2023
Flag → Flag
Exports $145Rnk 52 / 101
2023
Flag → Flag
Top Product $18.1kOther Measuring Instruments
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Norway-Cape Verde Trade: In 2023, Norway exported $310k to Cape Verde. The main products that Norway exported to Cape Verde were Other Inedible Animal Products ($95.4k), Liquid Pumps ($40.9k), and Iron Fasteners ($21.3k). Over the past 5 years the exports of Norway to Cape Verde have increased at an annualized rate of 3.42%, from $262k in 2018 to $310k in 2023.

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

Cape Verde-Norway In N/A, Cape Verde did not export any products to Norway.

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

Comparison In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47),  and 33 in total exports ($187B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Norway exported NOK69k and imported NOK0 from Cape Verde, resulting in a positive trade balance of NOK69k. Between December 2023 and December 2024 the exports of Norway have increased by NOK18k (35.3%) from NOK51k to NOK69k, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In December 2024, the top exports of Norway to Cape Verde were Professional, scientific and controlling instruments and... (NOK91k), Crude animal and vegetable materials, n.e.s. (NOK90k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0). In December 2024 the top imports of Norway from Cape Verde were General industrial machinery and equipment, n.e.s.,... (NOK319k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In December 2024, the increase in Norway's year-by-year exports to Cape Verde was explained primarily by an increase in product exports in . In December 2024, the change in Norway's year-by-year imports  from Cape Verde was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (December 2023 - December 2024)NOK18k(35.3%)
IMPORT GROWTH (December 2023 - December 2024)NOK0(N/A%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Cape Verde and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cape Verde and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $310k to Cape Verde. The main products exported from Norway to Cape Verde were Other Inedible Animal Products ($95.4k), Liquid Pumps ($40.9k), and Iron Fasteners ($21.3k). During the last 5 years the exports of Norway to Cape Verde have increased at an annualized rate of 3.42%, from $262k in 2018 to $310k in 2023.

Cape Verde does not register exports to Norway. The main products exported from Cape Verde to Norway were Other Measuring Instruments ($18.1k).

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Norway than Cape Verde included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Cape Verde than Norway included Togo ($11.6M), Djibouti ($527k), and Guinea-Bissau ($20.2k).

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

Comparative Advantage Norway - Cape Verde

Flow
Scale

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

During 2023, Norway had a large net trade with Cape Verde in the exports of Machines ($105k), Animal Products ($95.4k), and Metals ($29.8k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms