2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 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
$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195

About

Cape Verde-Canada Trade: In 2023, Cape Verde exported $338k to Canada. The main products that Cape Verde exported to Canada were Scrap Iron ($174k), Air Conditioners ($89.8k), and Electrical Power Accessories ($12.3k). Over the past 5 years the exports of Cape Verde to Canada have increased at an annualized rate of 12.1%, from $190k in 2018 to $338k in 2023.

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

Canada-Cape Verde Trade: In 2023, Canada exported $1.56M to Cape Verde. The main products that Canada exported to Cape Verde were Dried Legumes ($1.42M), Poultry Meat ($88.7k), and Jewellery ($20.6k). Over the past 5 years the exports of Canada to Cape Verde have decreased at an annualized rate of 8.7%,  from $2.45M in 2018 to $1.56M in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $338k to Canada. The main products exported from Cape Verde to Canada were Scrap Iron ($174k), Air Conditioners ($89.8k), and Electrical Power Accessories ($12.3k). During the last 5 years the exports of Cape Verde to Canada have increased at an annualized rate of 12.1%, from $190k in 2018 to $338k in 2023.

In 2018, Canada exported $1.56M to Cape Verde. The main products exported from Canada to Cape Verde were Dried Legumes ($1.42M), Poultry Meat ($88.7k), and Jewellery ($20.6k). During the last 5 years the exports of Canada to Cape Verde have decreased at an annualized rate of 8.7%, from $2.45M in 2023 to $1.56M in 2018.

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

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

Latest Data

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

Cape Verde Exports

Canada Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Canada
Top Destination
United States$410B

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

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

In 2023, countries that imported more from Canada than Cape Verde included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

Comparative Advantage Cape Verde - Canada

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Canada in the exports of Metals ($177k), Machines ($119k), and Textiles ($22.1k).

During 2018, Canada had a large net trade with Cape Verde in the exports of Vegetable Products ($1.42M), Animal Products ($88.7k), and Precious Metals ($20.6k).

Economic Complexity

Competitive Landscape

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

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

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