2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Cape Verde-Ecuador Trade: In 2022, Cape Verde exported $3.88k to Ecuador. The main products that Cape Verde exported to Ecuador were Non-fillet Frozen Fish ($2.15k), Bedspreads ($1.43k), and Non-Knit Men's Suits ($309). Over the past 6 years the exports of Cape Verde to Ecuador have increased at an annualized rate of 21.5%, from $1.21k in 2016 to $3.88k in 2022.

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

Ecuador-Cape Verde Trade: In 2022, Ecuador exported $348k to Cape Verde. The main products that Ecuador exported to Cape Verde were Non-fillet Frozen Fish ($311k) and Other Processed Fruits and Nuts ($36.7k). Over the past 6 years the exports of Ecuador to Cape Verde have increased at an annualized rate of 8.84%,  from $192k in 2016 to $348k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $3.88k to Ecuador. The main products exported from Cape Verde to Ecuador were Non-fillet Frozen Fish ($2.15k), Bedspreads ($1.43k), and Non-Knit Men's Suits ($309). During the last 6 years the exports of Cape Verde to Ecuador have increased at an annualized rate of 21.5%, from $1.21k in 2016 to $3.88k in 2022.

In 2017, Ecuador exported $348k to Cape Verde. The main products exported from Ecuador to Cape Verde were Non-fillet Frozen Fish ($311k) and Other Processed Fruits and Nuts ($36.7k). During the last 5 years the exports of Ecuador to Cape Verde have increased at an annualized rate of 8.84%, from $192k in 2022 to $348k in 2017.

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

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

Latest Data

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

Ecuador Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Ecuador
Top Destination
United States$9.86B

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

In 2022, countries that imported more from Cape Verde than Ecuador included Senegal ($3.8M), Kenya ($694k), and Mauritania ($140k).

In 2022, countries that imported more from Ecuador than Cape Verde included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Cape Verde - Ecuador

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Ecuador in the exports of Animal Products ($2.15k) and Textiles ($1.74k).

During 2017, Ecuador had a large net trade with Cape Verde in the exports of Animal Products ($311k) and Foodstuffs ($36.7k).

Economic Complexity

Competitive Landscape

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

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

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