2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
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 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

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.

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.

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $6.75M in 2023.

In 2018, 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 2023 to $75M in 2018.

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

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

Latest Data

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

Cape Verde Exports

United Arab Emirates Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
United Arab Emirates
Top Destination
China$40.2B

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

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

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

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

Comparative Advantage Cape Verde - United Arab Emirates

Flow
Scale

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

During 2023, 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).

During 2018, United Arab Emirates had a large net trade with Cape Verde in the exports of Mineral Products ($71M), Machines ($1.02M), and Foodstuffs ($885k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cape Verde and United Arab Emirates. This means that a dot/product with the flag of Cape Verde indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Cape Verde.

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

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