Benin (BEN) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

About

Benin-Cape Verde Trade: In 2022, Benin exported $893 to Cape Verde. The main products that Benin exported to Cape Verde were Oil Seed Flower ($845) and Broadcasting Accessories ($48). Over the past 12 years the exports of Benin to Cape Verde have decreased at an annualized rate of 46.2%, from $1.52M in 2010 to $893 in 2022.

In 2022, Benin did not export any services to Cape Verde.

Cape Verde-Benin In N/A, Cape Verde did not export any products to Benin.

In 2022, Cape Verde did not export any services to Benin.

Comparison In 2022, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Benin exported $893 to Cape Verde. The main products exported from Benin to Cape Verde were Oil Seed Flower ($845) and Broadcasting Accessories ($48). During the last 12 years the exports of Benin to Cape Verde have decreased at an annualized rate of 46.2%, from $1.52M in 2010 to $893 in 2022.

Cape Verde does not register exports to Benin.

Exports from Benin () to Cape Verde () (2022)

Exports from Cape Verde () to Benin () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Benin
Top DestinationIndia$448M

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Benin than Cape Verde included India ($448M), Bangladesh ($406M), and United Arab Emirates ($382M).

In 2022, countries that imported more from Cape Verde than Benin included Spain ($51.3M), Italy ($8.39M), and Portugal ($10.9M).

Difference in imports from Cape Verde () and Benin () (2022)

Comparative Advantage Benin - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Benin had a large net trade with Cape Verde in the exports of Vegetable Products ($845) and Machines ($48).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Benin () to Cape Verde () (2022)

Exports from Cape Verde () to Benin () (2022)

Market Competitiveness

Difference in imports from Cape Verde () and Benin () (2022)

Comparative Advantage Benin - Cape Verde

Economic Complexity

Competitive Landscape

Product Space of Benin () and Cape Verde () (2022)

Keep Exploring