2023
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GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
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GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
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 GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
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GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195
2023
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GDP PC
$48,281CURRENT US$
Rnk 28 / 196
2013-2023
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GDP PC GROWTH
12.3%CURRENT US$
Rnk 127 / 195

About

Cape Verde-New Zealand Trade: In 2023, Cape Verde exported $39.3k to New Zealand. The main products that Cape Verde exported to New Zealand were Chlorides ($24.3k), Engine Parts ($12.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($859). Over the past 5 years the exports of Cape Verde to New Zealand have increased at an annualized rate of 18.8%, from $16.6k in 2018 to $39.3k in 2023.

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

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

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $39.3k to New Zealand. The main products exported from Cape Verde to New Zealand were Chlorides ($24.3k), Engine Parts ($12.6k), and Motor vehicles; parts and accessories (8701 to 8705) ($859). During the last 5 years the exports of Cape Verde to New Zealand have increased at an annualized rate of 18.8%, from $16.6k in 2018 to $39.3k in 2023.

New Zealand does not register exports to Cape Verde. The main products exported from New Zealand to Cape Verde were Other Electrical Machinery ($15.5k), Scales ($9.37k), and Video Displays ($4.5k).

Exports from Cape Verde (Flag) to New Zealand (Flag) (2023)

Exports from New Zealand (Flag) to Cape Verde (Flag) (2023)

Latest Data

Trade between Cape Verde (Flag) and New Zealand (Flag)

New Zealand Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
New Zealand
Top Destination
China$12.3B

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

In 2023, countries that imported more from Cape Verde than New Zealand included Togo ($11.6M), Gibraltar ($2.69M), and Guinea-Bissau ($20.2k).

In 2023, countries that imported more from New Zealand than Cape Verde included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - New Zealand

Flow
Scale

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

During 2023, Cape Verde had a large net trade with New Zealand in the exports of Chemical Products ($24.3k), Machines ($12.8k), and Transportation ($859).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and New Zealand (Flag) (2023)

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