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2022
Flag → Flag
Exports $528kRnk 11 / 90
2022
Flag → Flag
Top Product $450kSurveying Equipment
2022
Flag → Flag
Exports $863kRnk 181 / 217
2022
Flag → Flag
Top Product $468kSawn Wood
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
GDP PC $3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Cape Verde-Sweden Trade: In 2022, Cape Verde exported $528k to Sweden. The main products that Cape Verde exported to Sweden were Surveying Equipment ($450k), Other Sea Vessels ($74.2k), and Other Rubber Products ($2.57k). Over the past 5 years the exports of Cape Verde to Sweden have decreased at an annualized rate of 12.6%, from $1.03M in 2017 to $528k in 2022.

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

Sweden-Cape Verde Trade: In 2022, Sweden exported $863k to Cape Verde. The main products that Sweden exported to Cape Verde were Sawn Wood ($468k), Recreational Boats ($122k), and Poultry Meat ($72.8k). Over the past 5 years the exports of Sweden to Cape Verde have decreased at an annualized rate of 7.5%,  from $1.27M in 2017 to $863k in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $528k to Sweden. The main products exported from Cape Verde to Sweden were Surveying Equipment ($450k), Other Sea Vessels ($74.2k), and Other Rubber Products ($2.57k). During the last 5 years the exports of Cape Verde to Sweden have decreased at an annualized rate of 12.6%, from $1.03M in 2017 to $528k in 2022.

In 2017, Sweden exported $863k to Cape Verde. The main products exported from Sweden to Cape Verde were Sawn Wood ($468k), Recreational Boats ($122k), and Poultry Meat ($72.8k). During the last 5 years the exports of Sweden to Cape Verde have decreased at an annualized rate of 7.5%, from $1.27M in 2022 to $863k in 2017.

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

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

Latest Data

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

Cape Verde Exports

Sweden Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Sweden
Top DestinationGermany$19.2B

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

In 2022, no countries were registered that imported more from Cape Verde than from Sweden.

In 2022, countries that imported more from Sweden than Cape Verde included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

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

Comparative Advantage Cape Verde - Sweden

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Sweden in the exports of Instruments ($450k), Transportation ($74.2k), and Plastics and Rubbers ($2.57k).

During 2017, Sweden had a large net trade with Cape Verde in the exports of Wood Products ($468k), Machines ($145k), and Transportation ($125k).

Economic Complexity

Competitive Landscape

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

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

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