2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

In N/A, Cape Verde did not export any services to North Korea.

North Korea-Cape Verde Trade: In N/A, North Korea exported $554k to Cape Verde. The main products that North Korea exported to Cape Verde were Cars ($346k), Ethylene Polymers ($77.2k), and Broadcasting Equipment ($64.5k). Over the past N/A years the exports of North Korea to Cape Verde have increased at an annualized rate of 127%,  from $9.1k in N/A to $554k in N/A.

In N/A, North Korea did not export any services to Cape Verde.

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M). That same year, North Korea ranked 172 in total exports ($397M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Cape Verde does not register exports to North Korea.

In 2018, North Korea exported $554k to Cape Verde. The main products exported from North Korea to Cape Verde were Cars ($346k), Ethylene Polymers ($77.2k), and Broadcasting Equipment ($64.5k). During the last 5 years the exports of North Korea to Cape Verde have increased at an annualized rate of 127%, from $9.1k in 2023 to $554k in 2018.

Exports from Cape Verde (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Cape Verde (Flag) (2023)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from Cape Verde than North Korea included Spain ($74.7M), Portugal ($14.1M), and Italy ($11.2M).

In 2023, countries that imported more from North Korea than Cape Verde included China ($292M), Poland ($10.3M), and Senegal ($10.3M).

Difference in imports from North Korea (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - North Korea

Flow
Scale

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

During 2018, North Korea had a large net trade with Cape Verde in the exports of Transportation ($376k), Machines ($101k), and Plastics and Rubbers ($77.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and North Korea (Flag) (2023)

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