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2023
Flag → Flag
Exports $882Rnk 89 / 101
2023
Flag → Flag
Top Product $258Knitted Hats
2023
Flag → Flag
Exports $900Rnk 100 / 0
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 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$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Cape Verde-Philippines Trade: In 2023, Cape Verde exported $882 to Philippines. The main products that Cape Verde exported to Philippines were Knitted Hats ($258), Non-Knit Men's Suits ($232), and Metal Molds ($185). Over the past 8 years the exports of Cape Verde to Philippines have increased at an annualized rate of 27.2%, from $129 in 2015 to $882 in 2023.

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

Philippines-Cape Verde Trade: In 2023, Philippines exported $900 to Cape Verde. The main products that Philippines exported to Cape Verde were N/A. Over the past 8 years the exports of Philippines to Cape Verde have decreased at an annualized rate of 38.9%,  from $10.5k in 2015 to $900 in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $882 to Philippines. The main products exported from Cape Verde to Philippines were Knitted Hats ($258), Non-Knit Men's Suits ($232), and Metal Molds ($185). During the last 8 years the exports of Cape Verde to Philippines have increased at an annualized rate of 27.2%, from $129 in 2015 to $882 in 2023.

In 2016, Philippines exported $900 to Cape Verde. There were not main exports from Philippines to Cape Verde in 2016. During the last 5 years the exports of Philippines to Cape Verde have decreased at an annualized rate of 38.9%, from $10.5k in 2021 to $900 in 2016.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Philippines
Top DestinationChina$19B

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

In 2023, countries that imported more from Cape Verde than Philippines included Togo ($11.6M), Gibraltar ($2.69M), and Djibouti ($527k).

In 2023, countries that imported more from Philippines than Cape Verde included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Cape Verde - Philippines

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Philippines in the exports of Textiles ($323), Machines ($301), and Footwear and Headwear ($258).

During 2016, Philippines had a large net trade with Cape Verde in the exports of .

Economic Complexity

Competitive Landscape

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

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

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