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Exports In 2023, Cape Verde exported $8.92k in Wine, making it the 152nd largest exporter of Wine in the world. At the same year, Wine was the 185th most exported product in Cape Verde. The main destination of Wine exports from Cape Verde are: Spain ($6.63k), France ($1.49k), Portugal ($695), Belgium ($62), and Netherlands ($31).

The fastest growing export markets for Wine of Cape Verde between 2022 and 2023 were Spain ($4.21k), France ($1.49k), and Portugal ($575).

Imports In 2023, Cape Verde imported $4.88M in Wine, becoming the 132nd largest importer of Wine in the world. At the same year, Wine was the 50th most imported product in Cape Verde. Cape Verde imports Wine primarily from: Portugal ($2.96M), Spain ($1.55M), Italy ($214k), China ($96.1k), and France ($24.2k).

The fastest growing import markets in Wine for Cape Verde between 2022 and 2023 were Portugal ($196k), Spain ($97k), and China ($95.9k).

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 Wine. 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)$8.92k
IMPORTS (2023)$4.88M
NET TRADE (2023)-$4.87M

In 2023, Cape Verde exported $8.92k in Wine. The main destinations of Cape Verde exports on Wine were Spain ($6.63k), France ($1.49k), Portugal ($695), Belgium ($62), and Netherlands ($31).

In 2023, Cape Verde imported $4.88M in Wine, mainly from Portugal ($2.96M), Spain ($1.55M), Italy ($214k), China ($96.1k), and France ($24.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Cape Verde WERE (2022 - 2023):
Spain$4.21k (174%)
France$1.49k (1%)
Portugal$575 (479%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Cape Verde WERE (2022 - 2023):
United States-$26.6k (-100%)
Netherlands-$26 (-45.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cape Verde's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Cape Verde's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

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

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