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2023
Flag → Flag
Exports $3.53MRnk 8 / 101
2023
Flag → Flag
Top Product $3.44MRefined Petroleum
2023
Flag → Flag
Exports $657kRnk 107 / 172
2023
Flag → Flag
Top Product $330kSawn Wood
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 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$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Cape Verde-Ghana Trade: In 2023, Cape Verde exported $3.53M to Ghana. The main products that Cape Verde exported to Ghana were Refined Petroleum ($3.44M), Imitation Jewellery ($21.6k), and Headbands and Linings ($18.1k). Over the past 5 years the exports of Cape Verde to Ghana have increased at an annualized rate of 197%, from $15.2k in 2018 to $3.53M in 2023.

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

Ghana-Cape Verde Trade: In 2023, Ghana exported $657k to Cape Verde. The main products that Ghana exported to Cape Verde were Sawn Wood ($330k), Rough Wood ($240k), and Hard Liquor ($39.5k). Over the past 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 9.12%,  from $1.56M in 2018 to $657k in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $3.53M to Ghana. The main products exported from Cape Verde to Ghana were Refined Petroleum ($3.44M), Imitation Jewellery ($21.6k), and Headbands and Linings ($18.1k). During the last 5 years the exports of Cape Verde to Ghana have increased at an annualized rate of 197%, from $15.2k in 2018 to $3.53M in 2023.

In 2018, Ghana exported $657k to Cape Verde. The main products exported from Ghana to Cape Verde were Sawn Wood ($330k), Rough Wood ($240k), and Hard Liquor ($39.5k). During the last 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 9.12%, from $1.56M in 2023 to $657k in 2018.

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

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

Latest Data

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

Cape Verde Exports

Ghana Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Ghana
Top DestinationSwitzerland$6.49B

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

In 2023, countries that imported more from Cape Verde than Ghana included Chile ($617k), Djibouti ($527k), and Cuba ($158k).

In 2023, countries that imported more from Ghana than Cape Verde included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Cape Verde - Ghana

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Ghana in the exports of Mineral Products ($3.44M), Footwear and Headwear ($23.2k), and Precious Metals ($21.6k).

During 2018, Ghana had a large net trade with Cape Verde in the exports of Wood Products ($569k), Foodstuffs ($47.5k), and Weapons ($39.4k).

Economic Complexity

Competitive Landscape

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

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

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