2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Cape Verde-Saudi Arabia Trade: In 2021, Cape Verde exported $1.55k to Saudi Arabia. The main products that Cape Verde exported to Saudi Arabia were N/A. Over the past 12 years the exports of Cape Verde to Saudi Arabia have decreased at an annualized rate of 21.1%, from $26.5k in 2009 to $1.55k in 2021.

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

Saudi Arabia-Cape Verde Trade: In 2021, Saudi Arabia exported $42.7k to Cape Verde. The main products that Saudi Arabia exported to Cape Verde were Ethylene Polymers ($42.7k). Over the past 12 years the exports of Saudi Arabia to Cape Verde have decreased at an annualized rate of 12.4%,  from $160k in 2009 to $42.7k in 2021.

In 2021, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Cape Verde exported $1.55k to Saudi Arabia. There were not main exports from Cape Verde to Saudi Arabia in 2021. During the last 12 years the exports of Cape Verde to Saudi Arabia have decreased at an annualized rate of 21.1%, from $26.5k in 2009 to $1.55k in 2021.

In 2017, Saudi Arabia exported $42.7k to Cape Verde. The main products exported from Saudi Arabia to Cape Verde were Ethylene Polymers ($42.7k). During the last 5 years the exports of Saudi Arabia to Cape Verde have decreased at an annualized rate of 12.4%, from $160k in 2022 to $42.7k in 2017.

Exports from Cape Verde (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Cape Verde (Flag) (2022)

Latest Data

Trade between Cape Verde (Flag) and Saudi Arabia (Flag)

Saudi Arabia Exports

Date

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Cape Verde than Saudi Arabia included Cuba ($208k), Algeria ($135k), and Libya ($20.5k).

In 2022, countries that imported more from Saudi Arabia than Cape Verde included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Saudi Arabia

Flow
Scale

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

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

During 2017, Saudi Arabia had a large net trade with Cape Verde in the exports of Plastics and Rubbers ($42.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Saudi Arabia (Flag) (2022)

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