2023
Flag  
GDP
$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH
-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
 GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$2,308CURRENT US$
Rnk 151 / 195
2013-2023
Flag
GDP PC GROWTH
-54.4%CURRENT US$
Rnk 194 / 195
2023
Flag
GDP PC
$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

Angola-Cape Verde Trade: In 2023, Angola exported $156k to Cape Verde. The main products that Angola exported to Cape Verde were Iron Structures ($56.9k), Hard Liquor ($47.1k), and Aluminium Structures ($29.1k). Over the past 5 years the exports of Angola to Cape Verde have decreased at an annualized rate of 16.2%, from $378k in 2018 to $156k in 2023.

In 2023, Angola did not export any services to Cape Verde.

Cape Verde-Angola Trade: In 2023, Cape Verde exported $222k to Angola. The main products that Cape Verde exported to Angola were Synthetic Coloring Matter ($208k), Paper Containers ($4.16k), and Cars ($3.19k). Over the past 5 years the exports of Cape Verde to Angola have increased at an annualized rate of 5.13%,  from $173k in 2018 to $222k in 2023.

In 2023, Cape Verde did not export any services to Angola.

Comparison In 2023,  Angola ranked 120 in the Economic Complexity Index (ECI -1.23),  and 62 in total exports ($42.6B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Angola exported $156k to Cape Verde. The main products exported from Angola to Cape Verde were Iron Structures ($56.9k), Hard Liquor ($47.1k), and Aluminium Structures ($29.1k). During the last 5 years the exports of Angola to Cape Verde have decreased at an annualized rate of 16.2%, from $378k in 2018 to $156k in 2023.

In 2018, Cape Verde exported $222k to Angola. The main products exported from Cape Verde to Angola were Synthetic Coloring Matter ($208k), Paper Containers ($4.16k), and Cars ($3.19k). During the last 5 years the exports of Cape Verde to Angola have increased at an annualized rate of 5.13%, from $173k in 2023 to $222k in 2018.

Exports from Angola (Flag) to Cape Verde (Flag) (2023)

Exports from Cape Verde (Flag) to Angola (Flag) (2023)

Latest Data

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

Angola Exports

Cape Verde Exports

Market Competitiveness

Color
Angola
Top Destination
China$17.1B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Angola than Cape Verde included China ($17.1B), India ($3.87B), and United Arab Emirates ($2.75B).

In 2023, countries that imported more from Cape Verde than Angola included Chile ($617k), South Korea ($427k), and Djibouti ($527k).

Difference in imports from Cape Verde (Flag) and Angola (Flag) (2023)

Comparative Advantage Angola - Cape Verde

Flow
Scale

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

During 2023, Angola had a large net trade with Cape Verde in the exports of Metals ($86.9k), Foodstuffs ($56.3k), and Transportation ($9.05k).

During 2018, Cape Verde had a large net trade with Angola in the exports of Chemical Products ($210k), Paper Goods ($4.16k), and Transportation ($3.54k).

Economic Complexity

Competitive Landscape

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

Product Space of Angola (Flag) and Cape Verde (Flag) (2023)

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