2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 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
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186

About

Cape Verde-Austria Trade: In 2022, Cape Verde exported $66.1k to Austria. The main products that Cape Verde exported to Austria were Aircraft parts (gliders, balloons, and powered aircraft) ($43.9k), Electric Motors ($5.39k), and Liquid Pumps ($4.96k). Over the past 5 years the exports of Cape Verde to Austria have increased at an annualized rate of 40.6%, from $12k in 2017 to $66.1k in 2022.

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

Austria-Cape Verde Trade: In 2022, Austria exported $2.05M to Cape Verde. The main products that Austria exported to Cape Verde were Special purpose motor vehicles ($1.21M), Other Measuring Instruments ($179k), and Sawn Wood ($120k). Over the past 5 years the exports of Austria to Cape Verde have increased at an annualized rate of 39.1%,  from $393k in 2017 to $2.05M in 2022.

In 2022, Austria 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, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $66.1k to Austria. The main products exported from Cape Verde to Austria were Aircraft parts (gliders, balloons, and powered aircraft) ($43.9k), Electric Motors ($5.39k), and Liquid Pumps ($4.96k). During the last 5 years the exports of Cape Verde to Austria have increased at an annualized rate of 40.6%, from $12k in 2017 to $66.1k in 2022.

In 2017, Austria exported $2.05M to Cape Verde. The main products exported from Austria to Cape Verde were Special purpose motor vehicles ($1.21M), Other Measuring Instruments ($179k), and Sawn Wood ($120k). During the last 5 years the exports of Austria to Cape Verde have increased at an annualized rate of 39.1%, from $393k in 2022 to $2.05M in 2017.

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

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

Latest Data

Trade between Cape Verde (Flag) and Austria (Flag)

Austria Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Austria
Top Destination
Germany$57.7B

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

In 2022, no countries were registered that imported more from Cape Verde than from Austria.

In 2022, countries that imported more from Austria than Cape Verde included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Comparative Advantage Cape Verde - Austria

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Austria in the exports of Transportation ($43.9k), Machines ($17.9k), and Instruments ($3.28k).

During 2017, Austria had a large net trade with Cape Verde in the exports of Transportation ($1.32M), Instruments ($251k), and Machines ($134k).

Economic Complexity

Competitive Landscape

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

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

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