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2022
Flag → Flag
Exports $5.59MRnk 4 / 90
2022
Flag → Flag
Top Product $2.57MMolluscs
2022
Flag → Flag
Exports $19.9MRnk 190 / 219
2022
Flag → Flag
Top Product $5.58MCars
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 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$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Cape Verde-United States Trade: In 2022, Cape Verde exported $5.59M to United States. The main products that Cape Verde exported to United States were Molluscs ($2.57M), Processed Fish ($1.08M), and Hard Liquor ($354k). Over the past 5 years the exports of Cape Verde to United States have increased at an annualized rate of 10.1%, from $3.46M in 2017 to $5.59M in 2022.

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

United States-Cape Verde Trade: In 2022, United States exported $19.9M to Cape Verde. The main products that United States exported to Cape Verde were Cars ($5.58M), Petroleum Gas ($3.19M), and Other Furniture ($755k). Over the past 5 years the exports of United States to Cape Verde have increased at an annualized rate of 8.68%,  from $13.1M in 2017 to $19.9M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $5.59M to United States. The main products exported from Cape Verde to United States were Molluscs ($2.57M), Processed Fish ($1.08M), and Hard Liquor ($354k). During the last 5 years the exports of Cape Verde to United States have increased at an annualized rate of 10.1%, from $3.46M in 2017 to $5.59M in 2022.

In 2017, United States exported $19.9M to Cape Verde. The main products exported from United States to Cape Verde were Cars ($5.58M), Petroleum Gas ($3.19M), and Other Furniture ($755k). During the last 5 years the exports of United States to Cape Verde have increased at an annualized rate of 8.68%, from $13.1M in 2022 to $19.9M in 2017.

Exports from Cape Verde (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Cape Verde (Flag) (2022)

Latest Data

Trade between Cape Verde (Flag) and United States (Flag)

Cape Verde Exports

United States Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
United States
Top DestinationCanada$308B

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

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

In 2022, countries that imported more from United States than Cape Verde included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - United States

Flow
Scale

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

During 2022, Cape Verde had a large net trade with United States in the exports of Animal Products ($2.64M), Foodstuffs ($1.92M), and Miscellaneous ($404k).

During 2017, United States had a large net trade with Cape Verde in the exports of Transportation ($8.02M), Mineral Products ($3.22M), and Machines ($1.84M).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and United States (Flag) (2022)

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