2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 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
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186

About

Cape Verde-Colombia Trade: In 2022, Cape Verde exported $1.93k to Colombia. The main products that Cape Verde exported to Colombia were Valves ($975) and Non-Knit Men's Suits ($954). Over the past 6 years the exports of Cape Verde to Colombia have increased at an annualized rate of 46.4%, from $196 in 2016 to $1.93k in 2022.

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

Colombia-Cape Verde Trade: In 2022, Colombia exported $579k to Cape Verde. The main products that Colombia exported to Cape Verde were Confectionery Sugar ($272k), Raw Sugar ($257k), and Refined Petroleum ($41.7k). Over the past 6 years the exports of Colombia to Cape Verde have decreased at an annualized rate of 1.96%,  from $639k in 2016 to $579k in 2022.

In 2022, Colombia 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, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $1.93k to Colombia. The main products exported from Cape Verde to Colombia were Valves ($975) and Non-Knit Men's Suits ($954). During the last 6 years the exports of Cape Verde to Colombia have increased at an annualized rate of 46.4%, from $196 in 2016 to $1.93k in 2022.

In 2017, Colombia exported $579k to Cape Verde. The main products exported from Colombia to Cape Verde were Confectionery Sugar ($272k), Raw Sugar ($257k), and Refined Petroleum ($41.7k). During the last 5 years the exports of Colombia to Cape Verde have decreased at an annualized rate of 1.96%, from $639k in 2022 to $579k in 2017.

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

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

Latest Data

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

Colombia Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Colombia
Top Destination
United States$15.6B

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

In 2022, countries that imported more from Cape Verde than Colombia included Malawi ($3.64k) and Burma ($1.3k).

In 2022, countries that imported more from Colombia than Cape Verde included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

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

Comparative Advantage Cape Verde - Colombia

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Colombia in the exports of Machines ($975) and Textiles ($954).

During 2017, Colombia had a large net trade with Cape Verde in the exports of Foodstuffs ($537k), Mineral Products ($41.7k), and Textiles ($137).

Economic Complexity

Competitive Landscape

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

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

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