Bermuda (BMU) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Bermuda (BMU) and Cape Verde (CPV) Trade

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Exports $2.54kRnk 39 / 0

2022

GDP$7.55BCURRENT US$
Rnk 149 / 186

2012-2022

GDP GROWTH18.4%CURRENT US$
Rnk 124 / 186

2022

GDP$2.31BCURRENT US$
Rnk 165 / 186

2012-2022

GDP GROWTH21%CURRENT US$
Rnk 119 / 186

2022

GDP PC $118,846CURRENT US$
Rnk 2 / 186

2012-2022

GDP PC GROWTH20.7%CURRENT US$
Rnk 85 / 186

2022

GDP PC$3,903CURRENT US$
Rnk 122 / 186

2012-2022

GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

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Image 2

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Historical Data
Economic Complexity

About

In N/A, Bermuda did not export any services to Cape Verde.

Cape Verde-Bermuda Trade: In N/A, Cape Verde exported $2.54k to Bermuda. The main products that Cape Verde exported to Bermuda were N/A. Over the past N/A years the exports of Cape Verde to Bermuda have increased at an annualized rate of 15%, from $1.26k in N/A to $2.54k in N/A.

In N/A, Cape Verde did not export any services to Bermuda.

Comparison In 2022, Bermuda ranked 199 in total exports ($68.1M). That same year, Cape Verde ranked 196 in total exports ($92.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Bermuda does not register exports to Cape Verde.

In 2015, Cape Verde exported $2.54k to Bermuda. There were not main exports from Cape Verde to Bermuda in 2015. During the last 5 years the exports of Cape Verde to Bermuda have increased at an annualized rate of 15%, from $1.26k in 2020 to $2.54k in 2015.

Exports from Bermuda () to Cape Verde () (2020)

Exports from Cape Verde () to Bermuda () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bermuda
Top DestinationZambia$17.5M

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Bermuda than Cape Verde included Zambia ($17.5M), Angola ($7.13M), and France ($6.99M).

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

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

Comparative Advantage Bermuda - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Cape Verde had a large net trade with Bermuda in the exports of .

Economic Complexity

Competitive Landscape

Year

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

Product Space of Bermuda () and Cape Verde () (2020)

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