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2020
Flag → Flag
Exports $5.5kRnk 27 / 0
2020
Flag → Flag
Exports $15kRnk 106 / 139
2020
Flag → Flag
Top Product $15kJewellery
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$5.64BCURRENT US$
Rnk 152 / 186
2012-2022
Flag
GDP GROWTH22.3%CURRENT US$
Rnk 116 / 186
2022
Flag
GDP PC $3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC$20,019CURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP PC GROWTH19.9%CURRENT US$
Rnk 89 / 186

About

Cape Verde-Barbados Trade: In 2020, Cape Verde exported $5.5k to Barbados. The main products that Cape Verde exported to Barbados were N/A. Over the past 7 years the exports of Cape Verde to Barbados have increased at an annualized rate of 33.5%, from $729 in 2013 to $5.5k in 2020.

In 2020, Cape Verde did not export any services to Barbados.

Barbados-Cape Verde Trade: In 2020, Barbados exported $15k to Cape Verde. The main products that Barbados exported to Cape Verde were Jewellery ($15k). Over the past 7 years the exports of Barbados to Cape Verde have increased at an annualized rate of 131%,  from $227 in 2013 to $15k in 2020.

In 2020, Barbados did not export any services to Cape Verde.

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M). That same year, Barbados ranked 176 in total exports ($393M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Cape Verde exported $5.5k to Barbados. There were not main exports from Cape Verde to Barbados in 2020. During the last 7 years the exports of Cape Verde to Barbados have increased at an annualized rate of 33.5%, from $729 in 2013 to $5.5k in 2020.

In 2017, Barbados exported $15k to Cape Verde. The main products exported from Barbados to Cape Verde were Jewellery ($15k). During the last 5 years the exports of Barbados to Cape Verde have increased at an annualized rate of 131%, from $227 in 2022 to $15k in 2017.

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

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

Latest Data

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

Barbados Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Barbados
Top DestinationUnited States$88.6M

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

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

In 2022, countries that imported more from Barbados than Cape Verde included United States ($88.6M), Jamaica ($43.3M), and Trinidad and Tobago ($33.8M).

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

Comparative Advantage Cape Verde - Barbados

Flow
Scale

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

During 2020, Cape Verde had a large net trade with Barbados in the exports of .

During 2017, Barbados had a large net trade with Cape Verde in the exports of Precious Metals ($15k).

Economic Complexity

Competitive Landscape

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

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

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