2023
Flag  
GDP
$336BCURRENT US$
Rnk 46 / 195
2013-2023
Flag
GDP GROWTH
21%CURRENT US$
Rnk 139 / 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 
$17,068CURRENT US$
Rnk 68 / 195
2013-2023
Flag
GDP PC GROWTH
8.83%CURRENT US$
Rnk 137 / 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

Chile-Cape Verde Trade: In 2023, Chile exported $286k to Cape Verde. The main products that Chile exported to Cape Verde were Other Processed Fruits and Nuts ($253k), Grapes ($16k), and Apples and Pears ($9.89k). Over the past 5 years the exports of Chile to Cape Verde have decreased at an annualized rate of 1.36%, from $306k in 2018 to $286k in 2023.

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

Cape Verde-Chile Trade: In 2023, Cape Verde exported $617k to Chile. The main products that Cape Verde exported to Chile were Pesticides ($583k), Valves ($12k), and Metal Mountings ($9.45k). Over the past 5 years the exports of Cape Verde to Chile have increased at an annualized rate of 68.5%,  from $45.4k in 2018 to $617k in 2023.

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

Comparison In 2023,  Chile ranked 72 in the Economic Complexity Index (ECI -0.2),  and 43 in total exports ($98.9B). 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, Chile exported $286k to Cape Verde. The main products exported from Chile to Cape Verde were Other Processed Fruits and Nuts ($253k), Grapes ($16k), and Apples and Pears ($9.89k). During the last 5 years the exports of Chile to Cape Verde have decreased at an annualized rate of 1.36%, from $306k in 2018 to $286k in 2023.

In 2018, Cape Verde exported $617k to Chile. The main products exported from Cape Verde to Chile were Pesticides ($583k), Valves ($12k), and Metal Mountings ($9.45k). During the last 5 years the exports of Cape Verde to Chile have increased at an annualized rate of 68.5%, from $45.4k in 2023 to $617k in 2018.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.2B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Chile than Cape Verde included China ($38.2B), United States ($15.7B), and Japan ($7.1B).

In 2023, countries that imported more from Cape Verde than Chile included Togo ($11.6M), Gibraltar ($2.69M), and Djibouti ($527k).

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

Comparative Advantage Chile - Cape Verde

Flow
Scale

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

During 2023, Chile had a large net trade with Cape Verde in the exports of Foodstuffs ($256k) and Vegetable Products ($29.8k).

During 2018, Cape Verde had a large net trade with Chile in the exports of Chemical Products ($583k), Machines ($21.7k), and Metals ($10.8k).

Economic Complexity

Competitive Landscape

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

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

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