2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Venezuela-Cape Verde Trade: In 2021, Venezuela exported $9.28k to Cape Verde. The main products that Venezuela exported to Cape Verde were N/A. Over the past 19 years the exports of Venezuela to Cape Verde have increased at an annualized rate of 8.16%, from $2.09k in 2002 to $9.28k in 2021.

In 2021, Venezuela did not export any services to Cape Verde.

Cape Verde-Venezuela In N/A, Cape Verde did not export any products to Venezuela.

In 2021, Cape Verde did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). 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 2021, Venezuela exported $9.28k to Cape Verde. There were not main exports from Venezuela to Cape Verde in 2021. During the last 19 years the exports of Venezuela to Cape Verde have increased at an annualized rate of 8.16%, from $2.09k in 2002 to $9.28k in 2021.

Cape Verde does not register exports to Venezuela.

Exports from Venezuela (Flag) to Cape Verde (Flag) (2021)

Exports from Cape Verde (Flag) to Venezuela (Flag) (2021)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Venezuela than Cape Verde included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Cape Verde than Venezuela included Senegal ($3.8M), Kenya ($694k), and Cuba ($208k).

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

Comparative Advantage Venezuela - Cape Verde

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Cape Verde+N/AN/A
Top Product Potential Cape Verde Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Cape Verde (Flag) (2021)

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