Peru (PER) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Peru-Cape Verde Trade: In 2022, Peru exported $822k to Cape Verde. The main products that Peru exported to Cape Verde were Other Processed Vegetables ($432k), Dried Legumes ($368k), and Confectionery Sugar ($21.3k). Over the past 5 years the exports of Peru to Cape Verde have decreased at an annualized rate of 3.49%, from $982k in 2017 to $822k in 2022.

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

Cape Verde-Peru Trade: In 2022, Cape Verde exported $37.3k to Peru. The main products that Cape Verde exported to Peru were Rubber Tires ($36.4k), Low-voltage Protection Equipment ($676), and Other Plastic Products ($216). Over the past 5 years the exports of Cape Verde to Peru have increased at an annualized rate of 118%, from $762 in 2017 to $37.3k in 2022.

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

Comparison In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Peru exported $822k to Cape Verde. The main products exported from Peru to Cape Verde were Other Processed Vegetables ($432k), Dried Legumes ($368k), and Confectionery Sugar ($21.3k). During the last 5 years the exports of Peru to Cape Verde have decreased at an annualized rate of 3.49%, from $982k in 2017 to $822k in 2022.

In 2017, Cape Verde exported $37.3k to Peru. The main products exported from Cape Verde to Peru were Rubber Tires ($36.4k), Low-voltage Protection Equipment ($676), and Other Plastic Products ($216). During the last 5 years the exports of Cape Verde to Peru have increased at an annualized rate of 118%, from $762 in 2022 to $37.3k in 2017.

Exports from Peru () to Cape Verde () (2022)

Exports from Cape Verde () to Peru () (2022)

Latest Data

Trade between Peru () and Cape Verde ()

Peru Exports

Date

Cape Verde Exports

Date

Nov 2014

Oct 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Peru than Cape Verde included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Cape Verde than Peru included Senegal ($3.8M), Kenya ($694k), and Malawi ($3.64k).

Difference in imports from Cape Verde () and Peru () (2022)

Comparative Advantage Peru - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Cape Verde in the exports of Foodstuffs ($454k) and Vegetable Products ($368k).

During 2017, Cape Verde had a large net trade with Peru in the exports of Plastics and Rubbers ($36.6k) and Machines ($676).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Peru () to Cape Verde () (2022)

Exports from Cape Verde () to Peru () (2022)

Latest Data

Trade between Peru () and Cape Verde ()

Peru Exports

Cape Verde Exports

Market Competitiveness

Difference in imports from Cape Verde () and Peru () (2022)

Comparative Advantage Peru - Cape Verde

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Peru () and Cape Verde () (2022)

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