2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
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GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
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 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
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GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
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GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
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GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

Cape Verde-Russia In 2021, Cape Verde exported $24.3k to Russia. The main products that Cape Verde exported to Russia are N/A. During the last 25 years the exports of Cape Verde to Russia have increased at an annualized rate of 1.91%, from $15.1k in 1996 to $24.3k in 2021.

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

Russia-Cape Verde In 2021, Russia exported $19.7k to Cape Verde. The main products that Russia exported to Cape Verde were Vaccines, blood, antisera, toxins and cultures ($19.7k). During the last 25 years the exports of Russia to Cape Verde have decreased at an annualized rate of 7.39%, from $134k in 1996 to $19.7k 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 2022,  Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cape Verde exported $24.3k to Russia. There were not main exports from Cape Verde to Russia in 2021. During the last 25 years the exports of Cape Verde to Russia have increased at an annualized rate of 1.91%, from $15.1k in 1996 to $24.3k in 2021.

In 2022, Russia exported $19.7k to Cape Verde. The main products exported from Russia to Cape Verde were Vaccines, blood, antisera, toxins and cultures ($19.7k). During the last 25 years the exports of Russia to Cape Verde have decreased at an annualized rate of 7.39%, from $134k in 1997 to $19.7k in 2022.

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

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

Latest Data

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

Russia Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Russia
Top Destination
China$101B

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 2021, countries that imported more from Cape Verde than Russia were Cuba ($208k), Algeria ($135k), and Libya ($20.5k).

In 2021, countries that imported more from Russia than Cape Verde were China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Cape Verde - Russia

Flow
Scale

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 2022, Russia had a large net trade with Cape Verde in the exports of Chemical Products ($19.7k).

Service Trade

Bilateral Service Trade

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 (Flag) to Cape Verde (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cape Verde has comparative advantage over Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over Cape Verde.

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

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