2022
Flag  
GDP
$41.7BCURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 110 / 186
2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$6,153CURRENT US$
Rnk 102 / 186
2012-2022
Flag
GDP PC GROWTH
9.46%CURRENT US$
Rnk 120 / 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

Paraguay-Cape Verde Trade: In 2022, Paraguay exported $429k to Cape Verde. The main products that Paraguay exported to Cape Verde were Poultry Meat ($198k), Glass Bottles ($84.4k), and Other Plastic Sheetings ($71.5k). Over the past 5 years the exports of Paraguay to Cape Verde have increased at an annualized rate of 16%, from $205k in 2017 to $429k in 2022.

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

Cape Verde-Paraguay Trade: In 2022, Cape Verde exported $415 to Paraguay. The main products that Cape Verde exported to Paraguay were N/A. Over the past 5 years the exports of Cape Verde to Paraguay have decreased at an annualized rate of 5.06%,  from $538 in 2017 to $415 in 2022.

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

Comparison In 2022,  Paraguay ranked 81 in the Economic Complexity Index (ECI -0.34),  and 103 in total exports ($10.1B). 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
Value

In 2022, Paraguay exported $429k to Cape Verde. The main products exported from Paraguay to Cape Verde were Poultry Meat ($198k), Glass Bottles ($84.4k), and Other Plastic Sheetings ($71.5k). During the last 5 years the exports of Paraguay to Cape Verde have increased at an annualized rate of 16%, from $205k in 2017 to $429k in 2022.

In 2015, Cape Verde exported $415 to Paraguay. There were not main exports from Cape Verde to Paraguay in 2015. During the last 5 years the exports of Cape Verde to Paraguay have decreased at an annualized rate of 5.06%, from $538 in 2020 to $415 in 2015.

Exports from Paraguay (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to Paraguay (Flag) (2022)

Latest Data

Trade between Paraguay (Flag) and Cape Verde (Flag)

Paraguay Exports

Market Competitiveness

Color
Paraguay
Top Destination
Brazil$3.67B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Paraguay than Cape Verde included Brazil ($3.67B), Argentina ($1.91B), and Chile ($1.16B).

In 2022, countries that imported more from Cape Verde than Paraguay included Spain ($51.3M), Portugal ($10.9M), and Kenya ($694k).

Difference in imports from Cape Verde (Flag) and Paraguay (Flag) (2022)

Comparative Advantage Paraguay - Cape Verde

Flow
Scale

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

During 2022, Paraguay had a large net trade with Cape Verde in the exports of Animal Products ($198k), Plastics and Rubbers ($99.5k), and Stone And Glass ($85.7k).

During 2015, Cape Verde had a large net trade with Paraguay in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Paraguay (Flag) and Cape Verde (Flag) (2022)

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