In 2017, Cape Verde exported $639M worth of services. The top services exported by Cape Verde in 2017 were Personal travel ($417M), Air transport ($88M), Miscellaneous business, professional, and technical services ($52.9M), Telecommunications services ($24.5M), and Government services, n.i.e. ($24.2M).
The top services imported by Cape Verde in 2017 were N/A.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.
This network shows the products most related to the production structure of Cape Verde. These are products that tend to be co-exported with the products that Cape Verde exports. Higher relatedness values indicate greater knowledge, which predicts a greater probability of exporting that product in the future.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities.
Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.