Cape Verde (CPV) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Cape Verde-Russia Trade: In 2021, Cape Verde exported $24.3k to Russia. The main products that Cape Verde exported to Russia were N/A. Over the past 5 years the exports of Cape Verde to Russia have increased at an annualized rate of 97.4%, from $810 in 2016 to $24.3k in 2021.

In 2021, Cape Verde did not export any services to Russia.

Russia-Cape Verde Trade: In 2021, Russia exported $50.1k to Cape Verde. The main products that Russia exported to Cape Verde were Rolled Tobacco ($50.1k). Over the past 5 years the exports of Russia to Cape Verde have decreased at an annualized rate of 56.4%, from $3.2M in 2016 to $50.1k in 2021.

In 2020, Russia exported services to Cape Verde worth $37k, with Computer and information services ($36k) and Financial services ($1k) being the largest in terms of value.

Comparison In 2023, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Cape Verde exported $24.3k to Russia. There were not main exports from Cape Verde to Russia in 2021. During the last 5 years the exports of Cape Verde to Russia have increased at an annualized rate of 97.4%, from $810 in 2016 to $24.3k in 2021.

In 2018, Russia exported $50.1k to Cape Verde. The main products exported from Russia to Cape Verde were Rolled Tobacco ($50.1k). During the last 5 years the exports of Russia to Cape Verde have decreased at an annualized rate of 56.4%, from $3.2M in 2023 to $50.1k in 2018.

Exports from Cape Verde () to Russia () (2023)

Exports from Russia () to Cape Verde () (2023)

Latest Data

Trade between Cape Verde () and Russia ()

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$74.7M

Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Cape Verde than Russia included Gibraltar ($2.69M), South Korea ($427k), and Djibouti ($527k).

In 2023, countries that imported more from Russia than Cape Verde included China ($129B), India ($66.1B), and Turkey ($31B).

Difference in imports from Russia () and Cape Verde () (2023)

Comparative Advantage Cape Verde - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Cape Verde had a large net trade with Russia in the exports of .

During 2018, Russia had a large net trade with Cape Verde in the exports of Foodstuffs ($50.1k).

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Cape Verde worth $37k, with Computer and information services ($36k) and Financial services ($1k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Cape Verde () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Russia () (2023)

Exports from Russia () to Cape Verde () (2023)

Latest Data

Trade between Cape Verde () and Russia ()

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Cape Verde () (2023)

Comparative Advantage Cape Verde - Russia

Bilateral Service Trade

Services Exports from Russia () to Cape Verde () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Russia () (2023)

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