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2022
Flag → Flag
Exports $4.59kRnk 56 / 90
2022
Flag → Flag
Top Product $3.69kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $900Rnk 123 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Cape Verde-Philippines Trade: In 2022, Cape Verde exported $4.59k to Philippines. The main products that Cape Verde exported to Philippines were Motor vehicles; parts and accessories (8701 to 8705) ($3.69k) and Integrated Circuits ($897). Over the past 9 years the exports of Cape Verde to Philippines have decreased at an annualized rate of 4.22%, from $6.77k in 2013 to $4.59k in 2022.

In 2022, Cape Verde did not export any services to Philippines.

Philippines-Cape Verde Trade: In 2022, Philippines exported $900 to Cape Verde. The main products that Philippines exported to Cape Verde were N/A. Over the past 9 years the exports of Philippines to Cape Verde have decreased at an annualized rate of 38.8%,  from $10.5k in 2013 to $900 in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $4.59k to Philippines. The main products exported from Cape Verde to Philippines were Motor vehicles; parts and accessories (8701 to 8705) ($3.69k) and Integrated Circuits ($897). During the last 9 years the exports of Cape Verde to Philippines have decreased at an annualized rate of 4.22%, from $6.77k in 2013 to $4.59k in 2022.

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 38.8%, from $10.5k in 2021 to $900 in 2016.

Exports from Cape Verde (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Cape Verde (Flag) (2022)

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Philippines
Top DestinationUnited States$15.5B

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 2022, countries that imported more from Cape Verde than Philippines included Senegal ($3.8M) and Mauritania ($140k).

In 2022, countries that imported more from Philippines than Cape Verde included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

Difference in imports from Philippines (Flag) and Cape Verde (Flag) (2022)

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 2022, Cape Verde had a large net trade with Philippines in the exports of Transportation ($3.69k) and Machines ($897).

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) (2022)

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