2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Cuba-Cape Verde Trade: In 2022, Cuba exported $141k to Cape Verde. The main products that Cuba exported to Cape Verde were Hard Liquor ($141k). Over the past 5 years the exports of Cuba to Cape Verde have decreased at an annualized rate of 13.3%, from $288k in 2017 to $141k in 2022.

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

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

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

Comparison In 2022,  Cuba ranked 161 in total exports ($1.07B). That same year, Cape Verde ranked 196 in total exports ($92.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cuba exported $141k to Cape Verde. The main products exported from Cuba to Cape Verde were Hard Liquor ($141k). During the last 5 years the exports of Cuba to Cape Verde have decreased at an annualized rate of 13.3%, from $288k in 2017 to $141k in 2022.

Cape Verde does not register exports to Cuba. The main products exported from Cape Verde to Cuba were Processed Fish ($208k).

Exports from Cuba (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to Cuba (Flag) (2022)

Market Competitiveness

Color
Cuba
Top Destination
China$426M
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Cuba than Cape Verde included China ($426M), Spain ($139M), and Germany ($58.5M).

In 2022, countries that imported more from Cape Verde than Cuba included Senegal ($3.8M), India ($4.84M), and Kenya ($694k).

Difference in imports from Cape Verde (Flag) and Cuba (Flag) (2022)

Comparative Advantage Cuba - Cape Verde

Flow
Scale

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

During 2022, Cuba had a large net trade with Cape Verde in the exports of Foodstuffs ($141k).

Economic Complexity

Competitive Landscape

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

Product Space of Cuba (Flag) and Cape Verde (Flag) (2022)

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