2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Cape Verde-Gabon Trade: In 2023, Cape Verde exported $11.8k to Gabon. The main products that Cape Verde exported to Gabon were Iron Housewares ($7.5k), Non-Knit Men's Suits ($3.91k), and Rubber Apparel ($241). Over the past 9 years the exports of Cape Verde to Gabon have decreased at an annualized rate of 14.7%, from $49.1k in 2014 to $11.8k in 2023.

In 2023, Cape Verde did not export any services to Gabon.

Gabon-Cape Verde Trade: In 2023, Gabon exported $784k to Cape Verde. The main products that Gabon exported to Cape Verde were Sawn Wood ($779k) and Refined Petroleum ($5.25k). Over the past 9 years the exports of Gabon to Cape Verde have increased at an annualized rate of 51.3%,  from $98.8k in 2014 to $784k in 2023.

In 2023, Gabon did not export any services to Cape Verde.

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $11.8k to Gabon. The main products exported from Cape Verde to Gabon were Iron Housewares ($7.5k), Non-Knit Men's Suits ($3.91k), and Rubber Apparel ($241). During the last 9 years the exports of Cape Verde to Gabon have decreased at an annualized rate of 14.7%, from $49.1k in 2014 to $11.8k in 2023.

In 2018, Gabon exported $784k to Cape Verde. The main products exported from Gabon to Cape Verde were Sawn Wood ($779k) and Refined Petroleum ($5.25k). During the last 5 years the exports of Gabon to Cape Verde have increased at an annualized rate of 51.3%, from $98.8k in 2023 to $784k in 2018.

Exports from Cape Verde (Flag) to Gabon (Flag) (2023)

Exports from Gabon (Flag) to Cape Verde (Flag) (2023)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Gabon
Top Destination
China$2.77B

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

In 2023, countries that imported more from Cape Verde than Gabon included Chile ($617k), Djibouti ($527k), and Guatemala ($348k).

In 2023, countries that imported more from Gabon than Cape Verde included China ($2.77B), Indonesia ($875M), and Israel ($680M).

Difference in imports from Gabon (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Gabon

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Gabon in the exports of Metals ($7.5k), Textiles ($3.91k), and Plastics and Rubbers ($241).

During 2018, Gabon had a large net trade with Cape Verde in the exports of Wood Products ($779k) and Mineral Products ($5.25k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Gabon (Flag) (2023)

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