2022
Flag  
GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Singapore-Cape Verde Trade: In 2022, Singapore exported $724k to Cape Verde. The main products that Singapore exported to Cape Verde were Pasta ($347k), Non-Mechanical Removal Machinery ($81.9k), and Coconut Oil ($47.7k). Over the past 5 years the exports of Singapore to Cape Verde have decreased at an annualized rate of 5.75%, from $973k in 2017 to $724k in 2022.

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

Cape Verde-Singapore Trade: In 2022, Cape Verde exported $46.9k to Singapore. The main products that Cape Verde exported to Singapore were Integrated Circuits ($18.9k), Other Processed Fruits and Nuts ($13.4k), and Iron Toiletry ($6.53k). Over the past 5 years the exports of Cape Verde to Singapore have decreased at an annualized rate of 47%,  from $1.12M in 2017 to $46.9k in 2022.

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

Comparison In 2022,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.68),  and 21 in total exports ($379B). 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, Singapore exported $724k to Cape Verde. The main products exported from Singapore to Cape Verde were Pasta ($347k), Non-Mechanical Removal Machinery ($81.9k), and Coconut Oil ($47.7k). During the last 5 years the exports of Singapore to Cape Verde have decreased at an annualized rate of 5.75%, from $973k in 2017 to $724k in 2022.

In 2017, Cape Verde exported $46.9k to Singapore. The main products exported from Cape Verde to Singapore were Integrated Circuits ($18.9k), Other Processed Fruits and Nuts ($13.4k), and Iron Toiletry ($6.53k). During the last 5 years the exports of Cape Verde to Singapore have decreased at an annualized rate of 47%, from $1.12M in 2022 to $46.9k in 2017.

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

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

Latest Data

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

Singapore Exports

Cape Verde Exports

Market Competitiveness

Color
Singapore
Top Destination
Hong Kong$51.6B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Singapore than Cape Verde included Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2022, no countries were registered that imported more from Cape Verde than from Singapore.

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

Comparative Advantage Singapore - Cape Verde

Flow
Scale

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

During 2022, Singapore had a large net trade with Cape Verde in the exports of Foodstuffs ($369k), Machines ($128k), and Plastics and Rubbers ($51.9k).

During 2017, Cape Verde had a large net trade with Singapore in the exports of Machines ($19k), Foodstuffs ($13.4k), and Metals ($6.53k).

Economic Complexity

Competitive Landscape

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

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

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