2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 186

About

Cape Verde-Chile Trade: In 2022, Cape Verde exported $29.6k to Chile. The main products that Cape Verde exported to Chile were Carbon-based Electronics ($13.5k), Metalworking Machine Parts ($6.89k), and Gas Turbines ($1.39k). Over the past 5 years the exports of Cape Verde to Chile have decreased at an annualized rate of 29%, from $165k in 2017 to $29.6k in 2022.

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

Chile-Cape Verde Trade: In 2022, Chile exported $249k to Cape Verde. The main products that Chile exported to Cape Verde were Other Processed Fruits and Nuts ($171k), Wood Carpentry ($56k), and Rough Wood ($22.6k). Over the past 5 years the exports of Chile to Cape Verde have increased at an annualized rate of 15.6%,  from $121k in 2017 to $249k in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $29.6k to Chile. The main products exported from Cape Verde to Chile were Carbon-based Electronics ($13.5k), Metalworking Machine Parts ($6.89k), and Gas Turbines ($1.39k). During the last 5 years the exports of Cape Verde to Chile have decreased at an annualized rate of 29%, from $165k in 2017 to $29.6k in 2022.

In 2017, Chile exported $249k to Cape Verde. The main products exported from Chile to Cape Verde were Other Processed Fruits and Nuts ($171k), Wood Carpentry ($56k), and Rough Wood ($22.6k). During the last 5 years the exports of Chile to Cape Verde have increased at an annualized rate of 15.6%, from $121k in 2022 to $249k in 2017.

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

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

Latest Data

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

Chile Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Chile
Top Destination
China$38.5B

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

In 2022, countries that imported more from Cape Verde than Chile included Senegal ($3.8M) and Malawi ($3.64k).

In 2022, countries that imported more from Chile than Cape Verde included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Cape Verde - Chile

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Chile in the exports of Machines ($23.1k), Textiles ($2.11k), and Transportation ($1.29k).

During 2017, Chile had a large net trade with Cape Verde in the exports of Foodstuffs ($171k) and Wood Products ($78.6k).

Economic Complexity

Competitive Landscape

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

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

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