2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP
$27.4BCURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP GROWTH
-4.66%CURRENT US$
Rnk 174 / 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
$20,016CURRENT US$
Rnk 64 / 196
2013-2023
Flag
GDP PC GROWTH
-6.54%CURRENT US$
Rnk 162 / 195

About

Cape Verde-Trinidad and Tobago Trade: In 2022, Cape Verde exported $1.78k to Trinidad and Tobago. The main products that Cape Verde exported to Trinidad and Tobago were N/A. Over the past 8 years the exports of Cape Verde to Trinidad and Tobago have increased at an annualized rate of 12.2%, from $710 in 2014 to $1.78k in 2022.

In 2022, Cape Verde did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Cape Verde Trade: In 2022, Trinidad and Tobago exported $11.7k to Cape Verde. The main products that Trinidad and Tobago exported to Cape Verde were N/A. Over the past 8 years the exports of Trinidad and Tobago to Cape Verde have increased at an annualized rate of 108%,  from $145 in 2014 to $11.7k in 2022.

In 2022, Trinidad and Tobago did not export any services to Cape Verde.

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M). That same year, Trinidad and Tobago ranked 98 in total exports ($11.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $1.78k to Trinidad and Tobago. There were not main exports from Cape Verde to Trinidad and Tobago in 2022. During the last 8 years the exports of Cape Verde to Trinidad and Tobago have increased at an annualized rate of 12.2%, from $710 in 2014 to $1.78k in 2022.

In 2016, Trinidad and Tobago exported $11.7k to Cape Verde. There were not main exports from Trinidad and Tobago to Cape Verde in 2016. During the last 5 years the exports of Trinidad and Tobago to Cape Verde have increased at an annualized rate of 108%, from $145 in 2021 to $11.7k in 2016.

Exports from Cape Verde (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Cape Verde (Flag) (2022)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Trinidad and Tobago
Top Destination
United States$3.26B

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

In 2023, countries that imported more from Cape Verde than Trinidad and Tobago included Togo ($11.6M), United Arab Emirates ($6.75M), and Ghana ($3.53M).

In 2023, countries that imported more from Trinidad and Tobago than Cape Verde included United States ($3.26B), China ($783M), and Guyana ($625M).

Difference in imports from Trinidad and Tobago (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Trinidad and Tobago

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Trinidad and Tobago in the exports of .

During 2016, Trinidad and Tobago had a large net trade with Cape Verde in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Trinidad and Tobago (Flag) (2022)

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