Cape Verde (CPV) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Cape Verde-Venezuela Trade: In 2013, Cape Verde exported $10.4k to Venezuela. The main products that Cape Verde exported to Venezuela were N/A. Over the past 8 years the exports of Cape Verde to Venezuela have decreased at an annualized rate of 4.48%, from $15k in 2005 to $10.4k in 2013.

In 2013, Cape Verde did not export any services to Venezuela.

Venezuela-Cape Verde In N/A, Venezuela did not export any products to Cape Verde.

In 2013, Venezuela 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, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Cape Verde exported $10.4k to Venezuela. There were not main exports from Cape Verde to Venezuela in 2013. During the last 8 years the exports of Cape Verde to Venezuela have decreased at an annualized rate of 4.48%, from $15k in 2005 to $10.4k in 2013.

Venezuela does not register exports to Cape Verde.

Exports from Cape Verde () to Venezuela () (2013)

Exports from Venezuela () to Cape Verde () (2013)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$74.7M

Venezuela
Top DestinationUnited States$3.81B

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

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

In 2023, countries that imported more from Venezuela than Cape Verde included United States ($3.81B), China ($739M), and Spain ($670M).

Difference in imports from Venezuela () and Cape Verde () (2023)

Comparative Advantage Cape Verde - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Cape Verde had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to Venezuela () (2013)

Exports from Venezuela () to Cape Verde () (2013)

Market Competitiveness

Difference in imports from Venezuela () and Cape Verde () (2023)

Comparative Advantage Cape Verde - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and Venezuela () (2013)

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