2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$301BCURRENT US$
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2012-2022
Flag
GDP GROWTH
68.2%CURRENT US$
Rnk 30 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
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2022
Flag
GDP PC
$15,892CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
77.9%CURRENT US$
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About

Cape Verde-Romania Trade: In 2022, Cape Verde exported $12.2k to Romania. The main products that Cape Verde exported to Romania were Computers ($4.76k), Iron Structures ($2.15k), and Vacuum Cleaners ($1.37k). Over the past 5 years the exports of Cape Verde to Romania have decreased at an annualized rate of 41.7%, from $182k in 2017 to $12.2k in 2022.

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

Romania-Cape Verde Trade: In 2022, Romania exported $667k to Cape Verde. The main products that Romania exported to Cape Verde were Cars ($667k). Over the past 5 years the exports of Romania to Cape Verde have decreased at an annualized rate of 2.42%,  from $793k in 2017 to $667k in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $12.2k to Romania. The main products exported from Cape Verde to Romania were Computers ($4.76k), Iron Structures ($2.15k), and Vacuum Cleaners ($1.37k). During the last 5 years the exports of Cape Verde to Romania have decreased at an annualized rate of 41.7%, from $182k in 2017 to $12.2k in 2022.

In 2017, Romania exported $667k to Cape Verde. The main products exported from Romania to Cape Verde were Cars ($667k). During the last 5 years the exports of Romania to Cape Verde have decreased at an annualized rate of 2.42%, from $793k in 2022 to $667k in 2017.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Romania
Top Destination
Germany$18.8B

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

In 2022, countries that imported more from Cape Verde than Romania included Cuba ($208k).

In 2022, countries that imported more from Romania than Cape Verde included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Cape Verde - Romania

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Romania in the exports of Machines ($6.92k), Metals ($3.42k), and Instruments ($1.08k).

During 2017, Romania had a large net trade with Cape Verde in the exports of Transportation ($667k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Romania (Flag) (2022)

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