NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $7.27MRnk 6 / 101
2023
Flag → Flag
Top Product $1.57MProcessed Fish
2023
Flag → Flag
Exports $71.2MRnk 163 / 220
2023
Flag → Flag
Top Product $49.3MPlanes, Helicopters, and/or Spacecraft
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 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$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Cape Verde-United States Trade: In 2023, Cape Verde exported $7.27M to United States. The main products that Cape Verde exported to United States were Processed Fish ($1.57M), Molluscs ($1.22M), and Hard Liquor ($879k). Over the past 5 years the exports of Cape Verde to United States have increased at an annualized rate of 11.7%, from $4.18M in 2018 to $7.27M in 2023.

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

United States-Cape Verde Trade: In 2023, United States exported $71.2M to Cape Verde. The main products that United States exported to Cape Verde were Planes, Helicopters, and/or Spacecraft ($49.3M), Cars ($5.34M), and Petroleum Gas ($1.43M). Over the past 5 years the exports of United States to Cape Verde have increased at an annualized rate of 30.4%,  from $18.9M in 2018 to $71.2M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cape Verde exported $7.27M to United States. The main products exported from Cape Verde to United States were Processed Fish ($1.57M), Molluscs ($1.22M), and Hard Liquor ($879k). During the last 5 years the exports of Cape Verde to United States have increased at an annualized rate of 11.7%, from $4.18M in 2018 to $7.27M in 2023.

In 2018, United States exported $71.2M to Cape Verde. The main products exported from United States to Cape Verde were Planes, Helicopters, and/or Spacecraft ($49.3M), Cars ($5.34M), and Petroleum Gas ($1.43M). During the last 5 years the exports of United States to Cape Verde have increased at an annualized rate of 30.4%, from $18.9M in 2023 to $71.2M in 2018.

Exports from Cape Verde (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Cape Verde (Flag) (2023)

Latest Data

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

Cape Verde Exports

United States Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$74.7M
United States
Top DestinationCanada$269B

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 2023, no countries were registered that imported more from Cape Verde than from United States.

In 2023, countries that imported more from United States than Cape Verde included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Cape Verde (Flag) (2023)

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 2023, Cape Verde had a large net trade with United States in the exports of Foodstuffs ($3.37M), Animal Products ($1.79M), and Transportation ($697k).

During 2018, United States had a large net trade with Cape Verde in the exports of Transportation ($57.1M), Machines ($2.95M), and Instruments ($2.67M).

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) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms