2022
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GDP
$2.24TCURRENT US$
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2012-2022
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GDP GROWTH
1.45%CURRENT US$
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2022
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 GDP
$2.31BCURRENT US$
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2012-2022
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GDP GROWTH
21%CURRENT US$
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2022
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GDP PC 
$15,345CURRENT US$
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2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
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2022
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GDP PC
$3,903CURRENT US$
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2012-2022
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GDP PC GROWTH
8.91%CURRENT US$
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About

Russia-Cape Verde In 2022, Russia exported $19.7k to Cape Verde. The main products that Russia exported to Cape Verde are Vaccines, blood, antisera, toxins and cultures ($19.7k). During the last 25 years the exports of Russia to Cape Verde have decreased at an annualized rate of 7.39%, from $134k in 1997 to $19.7k in 2022.

In 2020, Russia exported services to Cape Verde worth $37k, with Computer and information services ($36k) and Financial services ($1k) being the largest in terms of value.

Cape Verde-Russia In 2022, Cape Verde exported $24.3k to Russia. The main products that Cape Verde exported to Russia were N/A. During the last 25 years the exports of Cape Verde to Russia have increased at an annualized rate of 1.91%, from $15.1k in 1997 to $24.3k in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42),  and 12 in total exports ($486B). 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, Russia exported $19.7k to Cape Verde. The main products exported from Russia to Cape Verde were Vaccines, blood, antisera, toxins and cultures ($19.7k). During the last 25 years the exports of Russia to Cape Verde have decreased at an annualized rate of 7.39%, from $134k in 1997 to $19.7k in 2022.

In 2021, Cape Verde exported $24.3k to Russia. There were not main exports from Cape Verde to Russia in 2021. During the last 25 years the exports of Cape Verde to Russia have increased at an annualized rate of 1.91%, from $15.1k in 1996 to $24.3k in 2021.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Cape Verde
Top Destination
Spain$51.3M

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

In 2021, countries that imported more from Russia than Cape Verde were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Cape Verde than Russia were Cuba ($208k), Algeria ($135k), and Libya ($20.5k).

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

Comparative Advantage Russia - Cape Verde

Flow
Scale

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

During 2022, Russia had a large net trade with Cape Verde in the exports of Chemical Products ($19.7k).

During 2021, Cape Verde had a large net trade with Russia in the exports of .

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Cape Verde worth $37k, with Computer and information services ($36k) and Financial services ($1k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Cape Verde (Flag) (2020)

Economic Complexity

Competitive Landscape

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

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

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