2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 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
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 186

About

Cape Verde-Denmark Trade: In 2022, Cape Verde exported $34.9k to Denmark. The main products that Cape Verde exported to Denmark were Motor-working Tools ($11.3k), Traffic Signals ($6.17k), and Engine Parts ($4.46k). Over the past 5 years the exports of Cape Verde to Denmark have increased at an annualized rate of 16%, from $16.6k in 2017 to $34.9k in 2022.

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

Denmark-Cape Verde Trade: In 2022, Denmark exported $3.79M to Cape Verde. The main products that Denmark exported to Cape Verde were Aluminium Cans ($2.46M), Poultry Meat ($331k), and Computers ($110k). Over the past 5 years the exports of Denmark to Cape Verde have increased at an annualized rate of 7.1%,  from $2.51M in 2017 to $3.79M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $34.9k to Denmark. The main products exported from Cape Verde to Denmark were Motor-working Tools ($11.3k), Traffic Signals ($6.17k), and Engine Parts ($4.46k). During the last 5 years the exports of Cape Verde to Denmark have increased at an annualized rate of 16%, from $16.6k in 2017 to $34.9k in 2022.

In 2017, Denmark exported $3.79M to Cape Verde. The main products exported from Denmark to Cape Verde were Aluminium Cans ($2.46M), Poultry Meat ($331k), and Computers ($110k). During the last 5 years the exports of Denmark to Cape Verde have increased at an annualized rate of 7.1%, from $2.51M in 2022 to $3.79M in 2017.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Denmark
Top Destination
Germany$18.9B

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

In 2022, no countries were registered that imported more from Cape Verde than from Denmark.

In 2022, countries that imported more from Denmark than Cape Verde included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Cape Verde - Denmark

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Denmark in the exports of Machines ($27.5k), Metals ($3.15k), and Plastics and Rubbers ($1.96k).

During 2017, Denmark had a large net trade with Cape Verde in the exports of Metals ($2.48M), Machines ($436k), and Animal Products ($345k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with