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2022
Flag → Flag
Exports $9.33MRnk 173 / 219
2022
Flag → Flag
Top Product $2.05MRaw Iron Bars
2022
Flag → Flag
Exports $5.46kRnk 53 / 90
2022
Flag → Flag
Top Product $5.32kNon-Knit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
 GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC $10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186
2022
Flag
GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

Turkey-Cape Verde Trade: In 2022, Turkey exported $9.33M to Cape Verde. The main products that Turkey exported to Cape Verde were Raw Iron Bars ($2.05M), Toilet Paper ($1.39M), and Pasta ($720k). Over the past 5 years the exports of Turkey to Cape Verde have increased at an annualized rate of 15.2%, from $4.59M in 2017 to $9.33M in 2022.

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

Cape Verde-Turkey Trade: In 2022, Cape Verde exported $5.46k to Turkey. The main products that Cape Verde exported to Turkey were Non-Knit Men's Suits ($5.32k), Integrated Circuits ($117), and Clays ($17). Over the past 5 years the exports of Cape Verde to Turkey have decreased at an annualized rate of 64.7%,  from $1M in 2017 to $5.46k in 2022.

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

Comparison In 2022,  Turkey ranked 41 in the Economic Complexity Index (ECI 0.6),  and 29 in total exports ($262B). 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, Turkey exported $9.33M to Cape Verde. The main products exported from Turkey to Cape Verde were Raw Iron Bars ($2.05M), Toilet Paper ($1.39M), and Pasta ($720k). During the last 5 years the exports of Turkey to Cape Verde have increased at an annualized rate of 15.2%, from $4.59M in 2017 to $9.33M in 2022.

In 2017, Cape Verde exported $5.46k to Turkey. The main products exported from Cape Verde to Turkey were Non-Knit Men's Suits ($5.32k), Integrated Circuits ($117), and Clays ($17). During the last 5 years the exports of Cape Verde to Turkey have decreased at an annualized rate of 64.7%, from $1M in 2022 to $5.46k in 2017.

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

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

Latest Data

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

Turkey Exports

Cape Verde Exports

Date

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Turkey than Cape Verde included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

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

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

Comparative Advantage Turkey - Cape Verde

Flow
Scale

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

During 2022, Turkey had a large net trade with Cape Verde in the exports of Metals ($2.76M), Foodstuffs ($1.87M), and Machines ($1.72M).

During 2017, Cape Verde had a large net trade with Turkey in the exports of N/A.

Economic Complexity

Competitive Landscape

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

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

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