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2020
Flag → Flag
Exports $294kRnk 1 / 0
2020
Flag → Flag
Exports $1.7kRnk 66 / 90
2020
Flag → Flag
Top Product $1.6kFelt Carpets
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
 GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

Trinidad and Tobago-Cape Verde Trade: In 2020, Trinidad and Tobago exported $294k to Cape Verde. The main products that Trinidad and Tobago exported to Cape Verde were N/A. Over the past 10 years the exports of Trinidad and Tobago to Cape Verde have decreased at an annualized rate of 12.6%, from $1.13M in 2010 to $294k in 2020.

In 2020, Trinidad and Tobago did not export any services to Cape Verde.

Cape Verde-Trinidad and Tobago Trade: In 2020, Cape Verde exported $1.7k to Trinidad and Tobago. The main products that Cape Verde exported to Trinidad and Tobago were Felt Carpets ($1.6k) and Liquid Pumps ($94). Over the past 10 years the exports of Cape Verde to Trinidad and Tobago have increased at an annualized rate of 73.8%,  from $107 in 2010 to $1.7k in 2020.

In 2020, Cape Verde did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B). 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 2020, Trinidad and Tobago exported $294k to Cape Verde. There were not main exports from Trinidad and Tobago to Cape Verde in 2020. During the last 10 years the exports of Trinidad and Tobago to Cape Verde have decreased at an annualized rate of 12.6%, from $1.13M in 2010 to $294k in 2020.

In 2017, Cape Verde exported $1.7k to Trinidad and Tobago. The main products exported from Cape Verde to Trinidad and Tobago were Felt Carpets ($1.6k) and Liquid Pumps ($94). During the last 5 years the exports of Cape Verde to Trinidad and Tobago have increased at an annualized rate of 73.8%, from $107 in 2022 to $1.7k in 2017.

Exports from Trinidad and Tobago (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to Trinidad and Tobago (Flag) (2022)

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Trinidad and Tobago than Cape Verde included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Cape Verde than Trinidad and Tobago included Kenya ($694k), Indonesia ($475k), and Mauritania ($140k).

Difference in imports from Cape Verde (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Cape Verde

Flow
Scale

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

During 2020, Trinidad and Tobago had a large net trade with Cape Verde in the exports of .

During 2017, Cape Verde had a large net trade with Trinidad and Tobago in the exports of Textiles ($1.6k) and Machines ($94).

Economic Complexity

Competitive Landscape

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

Product Space of Trinidad and Tobago (Flag) and Cape Verde (Flag) (2022)

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