2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Cape Verde-South Africa Trade: In 2022, Cape Verde exported $42k to South Africa. The main products that Cape Verde exported to South Africa were Amino-resins ($27k), Textile Footwear ($10.5k), and Chemical Analysis Instruments ($3.61k). Over the past 5 years the exports of Cape Verde to South Africa have decreased at an annualized rate of 8.48%, from $65.5k in 2017 to $42k in 2022.

In 2022, Cape Verde did not export any services to South Africa.

South Africa-Cape Verde Trade: In 2022, South Africa exported $4.16M to Cape Verde. The main products that South Africa exported to Cape Verde were Delivery Trucks ($2.73M), Recreational Boats ($1.14M), and Pesticides ($170k). Over the past 5 years the exports of South Africa to Cape Verde have decreased at an annualized rate of 12.8%,  from $8.26M in 2017 to $4.16M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $42k to South Africa. The main products exported from Cape Verde to South Africa were Amino-resins ($27k), Textile Footwear ($10.5k), and Chemical Analysis Instruments ($3.61k). During the last 5 years the exports of Cape Verde to South Africa have decreased at an annualized rate of 8.48%, from $65.5k in 2017 to $42k in 2022.

In 2017, South Africa exported $4.16M to Cape Verde. The main products exported from South Africa to Cape Verde were Delivery Trucks ($2.73M), Recreational Boats ($1.14M), and Pesticides ($170k). During the last 5 years the exports of South Africa to Cape Verde have decreased at an annualized rate of 12.8%, from $8.26M in 2022 to $4.16M in 2017.

Exports from Cape Verde (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Cape Verde (Flag) (2022)

Latest Data

Trade between Cape Verde (Flag) and South Africa (Flag)

South Africa Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
South Africa
Top Destination
China$23.4B

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

In 2022, no countries were registered that imported more from Cape Verde than from South Africa.

In 2022, countries that imported more from South Africa than Cape Verde included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - South Africa

Flow
Scale

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

During 2022, Cape Verde had a large net trade with South Africa in the exports of Plastics and Rubbers ($27k), Footwear and Headwear ($10.6k), and Instruments ($3.61k).

During 2017, South Africa had a large net trade with Cape Verde in the exports of Transportation ($3.87M), Chemical Products ($237k), and Instruments ($30.7k).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and South Africa (Flag) (2022)

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