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2023
Flag → Flag
Exports $506kRnk 21 / 101
2023
Flag → Flag
Top Product $60.7kIndustrial Fatty Acids, Oils and Alcohols
2023
Flag → Flag
Exports $5.26MRnk 183 / 223
2023
Flag → Flag
Top Product $2.16MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC $4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC$49,464CURRENT US$
Rnk 26 / 196
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195

About

Cape Verde-United Kingdom Trade: In 2023, Cape Verde exported $506k to United Kingdom. The main products that Cape Verde exported to United Kingdom were Industrial Fatty Acids, Oils and Alcohols ($60.7k), Processed Tobacco ($55.4k), and Railway Cargo Containers ($55.2k). Over the past 5 years the exports of Cape Verde to United Kingdom have increased at an annualized rate of 74.6%, from $31.2k in 2018 to $506k in 2023.

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

United Kingdom-Cape Verde Trade: In 2023, United Kingdom exported $5.26M to Cape Verde. The main products that United Kingdom exported to Cape Verde were Petroleum Gas ($2.16M), Industrial Furnaces ($298k), and Aircraft parts (gliders, balloons, and powered aircraft) ($254k). Over the past 5 years the exports of United Kingdom to Cape Verde have increased at an annualized rate of 21.3%,  from $2.01M in 2018 to $5.26M in 2023.

In 2023, United Kingdom 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, United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5), and 14 in total exports ($429B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $506k to United Kingdom. The main products exported from Cape Verde to United Kingdom were Industrial Fatty Acids, Oils and Alcohols ($60.7k), Processed Tobacco ($55.4k), and Railway Cargo Containers ($55.2k). During the last 5 years the exports of Cape Verde to United Kingdom have increased at an annualized rate of 74.6%, from $31.2k in 2018 to $506k in 2023.

In 2018, United Kingdom exported $5.26M to Cape Verde. The main products exported from United Kingdom to Cape Verde were Petroleum Gas ($2.16M), Industrial Furnaces ($298k), and Aircraft parts (gliders, balloons, and powered aircraft) ($254k). During the last 5 years the exports of United Kingdom to Cape Verde have increased at an annualized rate of 21.3%, from $2.01M in 2023 to $5.26M in 2018.

Exports from Cape Verde (Flag) to United Kingdom (Flag) (2023)

Exports from United Kingdom (Flag) to Cape Verde (Flag) (2023)

Latest Data

Trade between Cape Verde (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
United Kingdom
Top DestinationUnited States$59.7B

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

In 2023, no countries were registered that imported more from Cape Verde than from United Kingdom.

In 2023, countries that imported more from United Kingdom than Cape Verde included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

Difference in imports from United Kingdom (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - United Kingdom

Flow
Scale

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

During 2023, Cape Verde had a large net trade with United Kingdom in the exports of Miscellaneous ($87k), Machines ($84k), and Foodstuffs ($78.6k).

During 2018, United Kingdom had a large net trade with Cape Verde in the exports of Mineral Products ($2.17M), Machines ($1.11M), and Foodstuffs ($619k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and United Kingdom (Flag) (2023)

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