2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 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

North Korea-Cape Verde Trade: In 2022, North Korea exported $79.1k to Cape Verde. The main products that North Korea exported to Cape Verde were Valves ($20.6k), Centrifuges ($14k), and Laboratory Reagents ($10.2k). Over the past 5 years the exports of North Korea to Cape Verde have decreased at an annualized rate of 9.79%, from $132k in 2017 to $79.1k in 2022.

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

Cape Verde-North Korea In false, Cape Verde did not export any products to North Korea.

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

Comparison In 2022,  North Korea ranked 182 in total exports ($248M). That same year, Cape Verde ranked 196 in total exports ($92.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, North Korea exported $79.1k to Cape Verde. The main products exported from North Korea to Cape Verde were Valves ($20.6k), Centrifuges ($14k), and Laboratory Reagents ($10.2k). During the last 5 years the exports of North Korea to Cape Verde have decreased at an annualized rate of 9.79%, from $132k in 2017 to $79.1k in 2022.

Cape Verde does not register exports to North Korea.

Exports from North Korea (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to North Korea (Flag) (2022)

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from North Korea than Cape Verde included China ($131M), Senegal ($26.9M), and Nigeria ($14M).

In 2022, countries that imported more from Cape Verde than North Korea included Spain ($51.3M), Portugal ($10.9M), and Italy ($8.39M).

Difference in imports from Cape Verde (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Cape Verde

Flow
Scale

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

During 2022, North Korea had a large net trade with Cape Verde in the exports of Machines ($50.1k), Chemical Products ($14.9k), and Plastics and Rubbers ($9.68k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Cape Verde (Flag) (2022)

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