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2023
Flag → Flag
Exports $3.92kRnk 71 / 101
2023
Flag → Flag
Top Product $3.92kRailway Cargo Containers
2023
Flag → Flag
Exports $1.62MRnk 104 / 166
2023
Flag → Flag
Top Product $825kRice
2023
Flag
Economic Complexity (ECI) ECI 0.22Rnk 52 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC $4,851CURRENT US$
Rnk 124 / 195
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC$22,798CURRENT US$
Rnk 54 / 196
2013-2023
Flag
GDP PC GROWTH24.3%CURRENT US$
Rnk 90 / 195

About

Cape Verde-Uruguay Trade: In 2023, Cape Verde exported $3.92k to Uruguay. The main products that Cape Verde exported to Uruguay were Railway Cargo Containers ($3.92k). Over the past 9 years the exports of Cape Verde to Uruguay have increased at an annualized rate of 21.4%, from $686 in 2014 to $3.92k in 2023.

In 2023, Cape Verde did not export any services to Uruguay.

Uruguay-Cape Verde Trade: In 2023, Uruguay exported $1.62M to Cape Verde. The main products that Uruguay exported to Cape Verde were Rice ($825k), Concentrated Milk ($699k), and Processed Tobacco ($81.8k). Over the past 9 years the exports of Uruguay to Cape Verde have increased at an annualized rate of 61.3%,  from $148k in 2014 to $1.62M in 2023.

In 2023, Uruguay 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, Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $3.92k to Uruguay. The main products exported from Cape Verde to Uruguay were Railway Cargo Containers ($3.92k). During the last 9 years the exports of Cape Verde to Uruguay have increased at an annualized rate of 21.4%, from $686 in 2014 to $3.92k in 2023.

In 2018, Uruguay exported $1.62M to Cape Verde. The main products exported from Uruguay to Cape Verde were Rice ($825k), Concentrated Milk ($699k), and Processed Tobacco ($81.8k). During the last 5 years the exports of Uruguay to Cape Verde have increased at an annualized rate of 61.3%, from $148k in 2023 to $1.62M in 2018.

Exports from Cape Verde (Flag) to Uruguay (Flag) (2023)

Exports from Uruguay (Flag) to Cape Verde (Flag) (2023)

Latest Data

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

Uruguay Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
Uruguay
Top DestinationChina$2.34B

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

In 2023, countries that imported more from Cape Verde than Uruguay included Togo ($11.6M), Gibraltar ($2.69M), and Ghana ($3.53M).

In 2023, countries that imported more from Uruguay than Cape Verde included China ($2.34B), Brazil ($1.92B), and United States ($880M).

Difference in imports from Uruguay (Flag) and Cape Verde (Flag) (2023)

Comparative Advantage Cape Verde - Uruguay

Flow
Scale

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

During 2023, Cape Verde had a large net trade with Uruguay in the exports of Transportation ($3.92k).

During 2018, Uruguay had a large net trade with Cape Verde in the exports of Vegetable Products ($825k), Animal Products ($699k), and Foodstuffs ($81.8k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Uruguay (Flag) (2023)

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