2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$679MCURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 5 / 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
$2,941CURRENT US$
Rnk 143 / 196
2013-2023
Flag
GDP PC GROWTH
113%CURRENT US$
Rnk 5 / 195

About

Cape Verde-Sao Tome and Principe Trade: In 2023, Cape Verde exported $5.29k to Sao Tome and Principe. The main products that Cape Verde exported to Sao Tome and Principe were Knit Women's Undergarments ($2.48k), Raw Tobacco ($2.15k), and Used Clothing ($218). Over the past 5 years the exports of Cape Verde to Sao Tome and Principe have increased at an annualized rate of 51.2%, from $668 in 2018 to $5.29k in 2023.

In 2023, Cape Verde did not export any services to Sao Tome and Principe.

Sao Tome and Principe-Cape Verde Trade: In 2023, Sao Tome and Principe exported $22 to Cape Verde. The main products that Sao Tome and Principe exported to Cape Verde were Molluscs ($22). Over the past 5 years the exports of Sao Tome and Principe to Cape Verde have decreased at an annualized rate of 59.5%,  from $2.02k in 2018 to $22 in 2023.

In 2023, Sao Tome and Principe did not export any services to Cape Verde.

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M). That same year, Sao Tome and Principe ranked 202 in total exports ($57.1M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $5.29k to Sao Tome and Principe. The main products exported from Cape Verde to Sao Tome and Principe were Knit Women's Undergarments ($2.48k), Raw Tobacco ($2.15k), and Used Clothing ($218). During the last 5 years the exports of Cape Verde to Sao Tome and Principe have increased at an annualized rate of 51.2%, from $668 in 2018 to $5.29k in 2023.

In 2018, Sao Tome and Principe exported $22 to Cape Verde. The main products exported from Sao Tome and Principe to Cape Verde were Molluscs ($22). During the last 5 years the exports of Sao Tome and Principe to Cape Verde have decreased at an annualized rate of 59.5%, from $2.02k in 2023 to $22 in 2018.

Exports from Cape Verde (Flag) to Sao Tome and Principe (Flag) (2023)

Exports from Sao Tome and Principe (Flag) to Cape Verde (Flag) (2023)

Latest Data

Trade between Cape Verde (Flag) and Sao Tome and Principe (Flag)

Cape Verde Exports

Sao Tome and Principe Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Sao Tome and Principe
Top Destination
Pakistan$30.8M

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

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

In 2023, countries that imported more from Sao Tome and Principe than Cape Verde included Pakistan ($30.8M), Germany ($6.2M), and Poland ($1.93M).

Difference in imports from Sao Tome and Principe (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Sao Tome and Principe

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Sao Tome and Principe in the exports of Textiles ($3.03k), Foodstuffs ($2.15k), and Chemical Products ($111).

During 2018, Sao Tome and Principe had a large net trade with Cape Verde in the exports of Animal Products ($22).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Sao Tome and Principe (Flag) (2023)

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