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2021
Flag → Flag
Exports $349Rnk 121 / 0
2021
Flag → Flag
Exports $289kRnk 165 / 194
2021
Flag → Flag
Top Product $177kBaked Goods
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Cape Verde-Sri Lanka Trade: In 2021, Cape Verde exported $349 to Sri Lanka. The main products that Cape Verde exported to Sri Lanka were N/A. Over the past 7 years the exports of Cape Verde to Sri Lanka have decreased at an annualized rate of 38.4%, from $10.4k in 2014 to $349 in 2021.

In 2021, Cape Verde did not export any services to Sri Lanka.

Sri Lanka-Cape Verde Trade: In 2021, Sri Lanka exported $289k to Cape Verde. The main products that Sri Lanka exported to Cape Verde were Baked Goods ($177k), Coconuts, Brazil Nuts, and Cashews ($83.6k), and Other Small Iron Pipes ($21.6k). Over the past 7 years the exports of Sri Lanka to Cape Verde have increased at an annualized rate of 47.7%,  from $41.2k in 2014 to $289k in 2021.

In 2021, Sri Lanka did not export any services to Cape Verde.

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cape Verde exported $349 to Sri Lanka. There were not main exports from Cape Verde to Sri Lanka in 2021. During the last 7 years the exports of Cape Verde to Sri Lanka have decreased at an annualized rate of 38.4%, from $10.4k in 2014 to $349 in 2021.

In 2017, Sri Lanka exported $289k to Cape Verde. The main products exported from Sri Lanka to Cape Verde were Baked Goods ($177k), Coconuts, Brazil Nuts, and Cashews ($83.6k), and Other Small Iron Pipes ($21.6k). During the last 5 years the exports of Sri Lanka to Cape Verde have increased at an annualized rate of 47.7%, from $41.2k in 2022 to $289k in 2017.

Exports from Cape Verde (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Cape Verde (Flag) (2022)

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Cape Verde than Sri Lanka included Cuba ($208k).

In 2022, countries that imported more from Sri Lanka than Cape Verde included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

Difference in imports from Sri Lanka (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Sri Lanka

Flow
Scale

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

During 2021, Cape Verde had a large net trade with Sri Lanka in the exports of .

During 2017, Sri Lanka had a large net trade with Cape Verde in the exports of Foodstuffs ($177k), Vegetable Products ($83.6k), and Metals ($28.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Sri Lanka (Flag) (2022)

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