Cape Verde (CPV) and Kuwait (KWT) Trade | The Observatory of Economic Complexity

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Cape Verde-Kuwait Trade: In 2023, Cape Verde exported $6.67k to Kuwait. The main products that Cape Verde exported to Kuwait were Thermostats ($3.31k), Broadcasting Equipment ($1.74k), and Rubber Footwear ($1.63k). Over the past 6 years the exports of Cape Verde to Kuwait have increased at an annualized rate of 68.4%, from $293 in 2017 to $6.67k in 2023.

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

Kuwait-Cape Verde In N/A, Kuwait did not export any products to Cape Verde.

In 2023, Kuwait 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, Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21), and 47 in total exports ($71B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cape Verde exported $6.67k to Kuwait. The main products exported from Cape Verde to Kuwait were Thermostats ($3.31k), Broadcasting Equipment ($1.74k), and Rubber Footwear ($1.63k). During the last 6 years the exports of Cape Verde to Kuwait have increased at an annualized rate of 68.4%, from $293 in 2017 to $6.67k in 2023.

Kuwait does not register exports to Cape Verde.

Exports from Cape Verde () to Kuwait () (2023)

Exports from Kuwait () to Cape Verde () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$74.7M

Kuwait
Top DestinationChina$17.4B

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

In 2023, countries that imported more from Cape Verde than Kuwait included Gibraltar ($2.69M), Chile ($617k), and Guatemala ($348k).

In 2023, countries that imported more from Kuwait than Cape Verde included China ($17.4B), India ($9.51B), and Japan ($9.13B).

Difference in imports from Kuwait () and Cape Verde () (2023)

Comparative Advantage Cape Verde - Kuwait

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cape Verde had a large net trade with Kuwait in the exports of Instruments ($3.31k), Machines ($1.74k), and Footwear and Headwear ($1.63k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Kuwait () (2023)

Exports from Kuwait () to Cape Verde () (2023)

Market Competitiveness

Difference in imports from Kuwait () and Cape Verde () (2023)

Comparative Advantage Cape Verde - Kuwait

Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Kuwait () (2023)

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