2022
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GDP
$1.11TCURRENT US$
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2012-2022
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GDP GROWTH
49.4%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 
$30,436CURRENT US$
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2012-2022
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GDP PC GROWTH
26.5%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

Saudi Arabia-Cape Verde In 2022, Saudi Arabia exported $42.7k to Cape Verde. The main products that Saudi Arabia exported to Cape Verde are Ethylene Polymers ($42.7k). During the last 26 years the exports of Saudi Arabia to Cape Verde have increased at an annualized rate of 9.53%, from $4.01k in 1996 to $42.7k in 2022.

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

Cape Verde-Saudi Arabia In 2022, Cape Verde exported $1.55k to Saudi Arabia. The main products that Cape Verde exported to Saudi Arabia were N/A. During the last 26 years the exports of Cape Verde to Saudi Arabia have decreased at an annualized rate of 17.6%, from $236k in 1996 to $1.55k in 2022.

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

Comparison In 2022,  Saudi Arabia ranked 34 in the Economic Complexity Index (ECI 0.78),  and 23 in total exports ($362B). 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, Saudi Arabia exported $42.7k to Cape Verde. The main products exported from Saudi Arabia to Cape Verde were Ethylene Polymers ($42.7k). During the last 26 years the exports of Saudi Arabia to Cape Verde have increased at an annualized rate of 9.53%, from $4.01k in 1996 to $42.7k in 2022.

In 2021, Cape Verde exported $1.55k to Saudi Arabia. There were not main exports from Cape Verde to Saudi Arabia in 2021. During the last 21 years the exports of Cape Verde to Saudi Arabia have decreased at an annualized rate of 17.6%, from $236k in 2000 to $1.55k in 2021.

Exports from Saudi Arabia (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Cape Verde (Flag)

Saudi Arabia Exports

Date

Market Competitiveness

Color
Saudi Arabia
Top Destination
China$68B
Cape Verde
Top Destination
Spain$51.3M

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

In 2021, countries that imported more from Saudi Arabia than Cape Verde were China ($68B), India ($46.2B), and Japan ($36.5B).

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

Difference in imports from Cape Verde (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Cape Verde

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Cape Verde in the exports of Plastics and Rubbers ($42.7k).

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

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 Saudi Arabia has comparative advantage over Cape Verde. Similarly, the more yellow a dot/product is, the more Cape Verde has comparative advantage over Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Cape Verde (Flag) (2022)

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