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2023
Flag → Flag
Exports $75MRnk 120 / 216
2023
Flag → Flag
Top Product $71MRefined Petroleum
2023
Flag → Flag
Exports $6.75MRnk 7 / 101
2023
Flag → Flag
Top Product $5.36MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
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 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
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GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
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GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
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GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
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GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
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GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

United Arab Emirates-Cape Verde Trade: In 2023, United Arab Emirates exported $75M to Cape Verde. The main products that United Arab Emirates exported to Cape Verde were Refined Petroleum ($71M), Raw Iron Bars ($789k), and Broadcasting Equipment ($684k). Over the past 5 years the exports of United Arab Emirates to Cape Verde have increased at an annualized rate of 119%, from $1.49M in 2018 to $75M in 2023.

In 2023, United Arab Emirates did not export any services to Cape Verde.

Cape Verde-United Arab Emirates Trade: In 2023, Cape Verde exported $6.75M to United Arab Emirates. The main products that Cape Verde exported to United Arab Emirates were Refined Petroleum ($5.36M), Scrap Iron ($983k), and Rolled Tobacco ($174k). Over the past 5 years the exports of Cape Verde to United Arab Emirates have increased at an annualized rate of 89.9%,  from $273k in 2018 to $6.75M in 2023.

In 2023, Cape Verde did not export any services to United Arab Emirates.

Comparison In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15),  and 21 in total exports ($357B). 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, United Arab Emirates exported $75M to Cape Verde. The main products exported from United Arab Emirates to Cape Verde were Refined Petroleum ($71M), Raw Iron Bars ($789k), and Broadcasting Equipment ($684k). During the last 5 years the exports of United Arab Emirates to Cape Verde have increased at an annualized rate of 119%, from $1.49M in 2018 to $75M in 2023.

In 2018, Cape Verde exported $6.75M to United Arab Emirates. The main products exported from Cape Verde to United Arab Emirates were Refined Petroleum ($5.36M), Scrap Iron ($983k), and Rolled Tobacco ($174k). During the last 5 years the exports of Cape Verde to United Arab Emirates have increased at an annualized rate of 89.9%, from $273k in 2023 to $6.75M in 2018.

Exports from United Arab Emirates (Flag) to Cape Verde (Flag) (2023)

Exports from Cape Verde (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Cape Verde (Flag)

United Arab Emirates Exports

Cape Verde Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from United Arab Emirates than Cape Verde included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Cape Verde than United Arab Emirates included Gibraltar ($2.69M).

Difference in imports from Cape Verde (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Cape Verde

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Cape Verde in the exports of Mineral Products ($71M), Machines ($1.02M), and Foodstuffs ($885k).

During 2018, Cape Verde had a large net trade with United Arab Emirates in the exports of Mineral Products ($5.36M), Metals ($1.17M), and Foodstuffs ($183k).

Economic Complexity

Competitive Landscape

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

Product Space of United Arab Emirates (Flag) and Cape Verde (Flag) (2023)

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