2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$43BCURRENT US$
Rnk 98 / 195
2013-2023
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC
$6,276CURRENT US$
Rnk 111 / 196
2013-2023
Flag
GDP PC GROWTH
-2.48%CURRENT US$
Rnk 157 / 195

About

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

Paraguay-Cape Verde Trade: In N/A, Paraguay exported $1.85M to Cape Verde. The main products that Paraguay exported to Cape Verde were Corn ($1.77M), Poultry Meat ($68.6k), and Edible Offal ($10.8k). Over the past N/A years the exports of Paraguay to Cape Verde have increased at an annualized rate of 148%,  from $19.7k in N/A to $1.85M in N/A.

In N/A, Paraguay 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, Paraguay ranked 81 in the Economic Complexity Index (ECI -0.42), and 94 in total exports ($12.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

Cape Verde does not register exports to Paraguay.

In 2018, Paraguay exported $1.85M to Cape Verde. The main products exported from Paraguay to Cape Verde were Corn ($1.77M), Poultry Meat ($68.6k), and Edible Offal ($10.8k). During the last 5 years the exports of Paraguay to Cape Verde have increased at an annualized rate of 148%, from $19.7k in 2023 to $1.85M in 2018.

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

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

Latest Data

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

Paraguay Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Paraguay
Top Destination
Argentina$4B

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

In 2023, countries that imported more from Cape Verde than Paraguay included Spain ($74.7M), Togo ($11.6M), and Portugal ($14.1M).

In 2023, countries that imported more from Paraguay than Cape Verde included Argentina ($4B), Brazil ($3B), and Chile ($1.26B).

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

Comparative Advantage Cape Verde - Paraguay

Flow
Scale

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

During 2018, Paraguay had a large net trade with Cape Verde in the exports of Vegetable Products ($1.77M), Animal Products ($79.4k), and Machines ($249).

Economic Complexity

Competitive Landscape

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

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

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