2023
Flag  
GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

Cape Verde-Chinese Taipei Trade: In 2022, Cape Verde exported $1.14k to Chinese Taipei. The main products that Cape Verde exported to Chinese Taipei were N/A. Over the past 5 years the exports of Cape Verde to Chinese Taipei have decreased at an annualized rate of 46.6%, from $26.3k in 2017 to $1.14k in 2022.

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

Chinese Taipei-Cape Verde Trade: In 2022, Chinese Taipei exported $37.8M to Cape Verde. The main products that Chinese Taipei exported to Cape Verde were Refined Petroleum ($37.8M), Rubber Tires ($53.5k), and Boat Propellers ($5.13k). Over the past 5 years the exports of Chinese Taipei to Cape Verde have increased at an annualized rate of 58.1%,  from $39.2k in 2017 to $37.8M in 2022.

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

Comparison In 2023,  Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $1.14k to Chinese Taipei. There were not main exports from Cape Verde to Chinese Taipei in 2022. During the last 5 years the exports of Cape Verde to Chinese Taipei have decreased at an annualized rate of 46.6%, from $26.3k in 2017 to $1.14k in 2022.

In 2018, Chinese Taipei exported $37.8M to Cape Verde. The main products exported from Chinese Taipei to Cape Verde were Refined Petroleum ($37.8M), Rubber Tires ($53.5k), and Boat Propellers ($5.13k). During the last 5 years the exports of Chinese Taipei to Cape Verde have increased at an annualized rate of 58.1%, from $39.2k in 2023 to $37.8M in 2018.

Exports from Cape Verde (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Cape Verde (Flag) (2023)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$74.7M
Chinese Taipei
Top Destination
China$101B

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

In 2023, countries that imported more from Cape Verde than Chinese Taipei included Gibraltar ($2.69M), Guinea-Bissau ($20.2k), and Sao Tome and Principe ($5.29k).

In 2023, countries that imported more from Chinese Taipei than Cape Verde included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Chinese Taipei

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Chinese Taipei in the exports of .

During 2018, Chinese Taipei had a large net trade with Cape Verde in the exports of Mineral Products ($37.8M), Plastics and Rubbers ($53.5k), and Machines ($5.13k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Chinese Taipei (Flag) (2023)

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