2023
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GDP
$2.53BCURRENT US$
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2013-2023
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GDP GROWTH
24.9%CURRENT US$
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2023
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 GDP
$4.2TCURRENT US$
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2013-2023
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GDP GROWTH
-19.3%CURRENT US$
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2023
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GDP PC 
$4,851CURRENT US$
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2013-2023
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GDP PC GROWTH
22.5%CURRENT US$
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2023
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GDP PC
$33,767CURRENT US$
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2013-2023
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GDP PC GROWTH
-17.4%CURRENT US$
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About

Cape Verde-Japan Trade: In 2023, Cape Verde exported $10.1k to Japan. The main products that Cape Verde exported to Japan were Other Plastic Products ($8.91k) and Valves ($1.2k). Over the past 6 years the exports of Cape Verde to Japan have decreased at an annualized rate of 33.5%, from $117k in 2017 to $10.1k in 2023.

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

Japan-Cape Verde Trade: In 2023, Japan exported $11.8M to Cape Verde. The main products that Japan exported to Cape Verde were Cars ($4.52M), Buses ($2.57M), and Delivery Trucks ($2.07M). Over the past 6 years the exports of Japan to Cape Verde have increased at an annualized rate of 20.3%,  from $4.67M in 2017 to $11.8M in 2023.

In 2023, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $10.1k to Japan. The main products exported from Cape Verde to Japan were Other Plastic Products ($8.91k) and Valves ($1.2k). During the last 6 years the exports of Cape Verde to Japan have decreased at an annualized rate of 33.5%, from $117k in 2017 to $10.1k in 2023.

In 2018, Japan exported $11.8M to Cape Verde. The main products exported from Japan to Cape Verde were Cars ($4.52M), Buses ($2.57M), and Delivery Trucks ($2.07M). During the last 5 years the exports of Japan to Cape Verde have increased at an annualized rate of 20.3%, from $4.67M in 2023 to $11.8M in 2018.

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

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

Latest Data

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

Japan Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Japan
Top Destination
United States$143B

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

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

In 2023, countries that imported more from Japan than Cape Verde included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

Comparative Advantage Cape Verde - Japan

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Japan in the exports of Plastics and Rubbers ($8.91k) and Machines ($1.2k).

During 2018, Japan had a large net trade with Cape Verde in the exports of Transportation ($9.25M), Vegetable Products ($1.82M), and Machines ($421k).

Economic Complexity

Competitive Landscape

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

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

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