2023
Exports
$56.1MWorld Rnk 43 / 176
Flag Rnk 1 / 598
2023
PRODUCT COMPLEXITY IN Processed Fish
-1.39Rnk 925 / 1025
2023
Imports
$10.1MWorld Rnk 117 / 224
Flag Rnk 20 / 1041

About

Exports In 2023, Cape Verde exported $56.1M in Processed Fish, making it the 43rd largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 1st most exported product in Cape Verde. The main destination of Processed Fish exports from Cape Verde are: Spain ($42.8M), Italy ($11.1M), United States ($1.57M), Cyprus ($277k), and Cuba ($97.6k).

The fastest growing export markets for Processed Fish of Cape Verde between 2022 and 2023 were Italy ($2.82M), Spain ($2.09M), and Cyprus ($277k).

Imports In 2023, Cape Verde imported $10.1M in Processed Fish, becoming the 117th largest importer of Processed Fish in the world. At the same year, Processed Fish was the 20th most imported product in Cape Verde. Cape Verde imports Processed Fish primarily from: China ($9.82M), Portugal ($152k), Spain ($150k), Italy ($9.02k), and Senegal ($76).

The fastest growing import markets in Processed Fish for Cape Verde between 2022 and 2023 were China ($1.58M), Portugal ($45.5k), and Senegal ($76).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Processed Fish. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$56.1M
IMPORTS (2023)$10.1M
NET TRADE (2023)$46M

In 2023, Cape Verde exported $56.1M in Processed Fish. The main destinations of Cape Verde exports on Processed Fish were Spain ($42.8M), Italy ($11.1M), United States ($1.57M), Cyprus ($277k), and Cuba ($97.6k).

In 2023, Cape Verde imported $10.1M in Processed Fish, mainly from China ($9.82M), Portugal ($152k), Spain ($150k), Italy ($9.02k), and Senegal ($76).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR Cape Verde WERE (2022 - 2023):
Italy$2.82M (34.1%)
Spain$2.09M (5.13%)
Cyprus$277k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Cape Verde WERE (2022 - 2023):
United States-$631k (-28.7%)
Netherlands-$128k (-100%)
Portugal-$118k (-68.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cape Verde's main exporting competitors in Processed Fish were:
In 2023, Cape Verde's main importing competitors in Processed Fish were:

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Trade Value of Processed Fish by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Processed Fish’s highest export potential is N/A. With an export gap of N/A.   Processed Fish’s highest import potential is N/A with an import gap of N/A.

See methodology.

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