2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Cape Verde-Armenia Trade: In 2022, Cape Verde exported $844 to Armenia. The main products that Cape Verde exported to Armenia were Non-Knit Men's Suits ($774), Motor vehicles; parts and accessories (8701 to 8705) ($63), and Other Rubber Products ($7). Over the past 11 years the exports of Cape Verde to Armenia have increased at an annualized rate of 49.7%, from $10 in 2011 to $844 in 2022.

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

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

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

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $844 to Armenia. The main products exported from Cape Verde to Armenia were Non-Knit Men's Suits ($774), Motor vehicles; parts and accessories (8701 to 8705) ($63), and Other Rubber Products ($7). During the last 11 years the exports of Cape Verde to Armenia have increased at an annualized rate of 49.7%, from $10 in 2011 to $844 in 2022.

Armenia does not register exports to Cape Verde.

Exports from Cape Verde (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Cape Verde (Flag) (2022)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Cape Verde than Armenia included Portugal ($10.9M), Senegal ($3.8M), and Kenya ($694k).

In 2022, countries that imported more from Armenia than Cape Verde included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Armenia

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Armenia in the exports of Textiles ($774), Transportation ($63), and Plastics and Rubbers ($7).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Armenia (Flag) (2022)

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