Cape Verde (CPV) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Cape Verde-Cuba Trade: In 2022, Cape Verde exported $208k to Cuba. The main products that Cape Verde exported to Cuba were Processed Fish ($208k). Over the past 20 years the exports of Cape Verde to Cuba have increased at an annualized rate of 2.31%, from $132k in 2002 to $208k in 2022.

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

Cuba-Cape Verde Trade: In 2022, Cuba exported $141k to Cape Verde. The main products that Cuba exported to Cape Verde were Hard Liquor ($141k). Over the past 20 years the exports of Cuba to Cape Verde have decreased at an annualized rate of 13.3%, from $288k in 2002 to $141k in 2022.

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

Comparison In 2022, Cape Verde ranked 196 in total exports ($92.2M). That same year, Cuba ranked 161 in total exports ($1.07B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cape Verde exported $208k to Cuba. The main products exported from Cape Verde to Cuba were Processed Fish ($208k). During the last 20 years the exports of Cape Verde to Cuba have increased at an annualized rate of 2.31%, from $132k in 2002 to $208k in 2022.

In 2017, Cuba exported $141k to Cape Verde. The main products exported from Cuba to Cape Verde were Hard Liquor ($141k). During the last 5 years the exports of Cuba to Cape Verde have decreased at an annualized rate of 13.3%, from $288k in 2022 to $141k in 2017.

Exports from Cape Verde () to Cuba () (2022)

Exports from Cuba () to Cape Verde () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Cape Verde than Cuba included Senegal ($3.8M), India ($4.84M), and Kenya ($694k).

In 2022, countries that imported more from Cuba than Cape Verde included China ($426M), Spain ($139M), and Germany ($58.5M).

Difference in imports from Cuba () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with Cuba in the exports of Foodstuffs ($208k).

During 2017, Cuba had a large net trade with Cape Verde in the exports of Foodstuffs ($141k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Cuba () (2022)

Exports from Cuba () to Cape Verde () (2022)

Market Competitiveness

Difference in imports from Cuba () and Cape Verde () (2022)

Comparative Advantage Cape Verde - Cuba

Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Cuba () (2022)

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