2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

Cyprus-Cape Verde Trade: In 2023, Cyprus exported $1.82k to Cape Verde. The main products that Cyprus exported to Cape Verde were Unpackaged Medicaments ($1.82k). Over the past 5 years the exports of Cyprus to Cape Verde have increased at an annualized rate of 25.9%, from $575 in 2018 to $1.82k in 2023.

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

Cape Verde-Cyprus Trade: In 2023, Cape Verde exported $313k to Cyprus. The main products that Cape Verde exported to Cyprus were Processed Fish ($277k), Rubber Tires ($32.3k), and Trailers and semi-trailers, not mechanically propelled vehicles ($3.89k). Over the past 5 years the exports of Cape Verde to Cyprus have increased at an annualized rate of 119%,  from $1.3k in 2018 to $313k in 2023.

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

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B). That same year, Cape Verde ranked 190 in total exports ($163M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $1.82k to Cape Verde. The main products exported from Cyprus to Cape Verde were Unpackaged Medicaments ($1.82k). During the last 5 years the exports of Cyprus to Cape Verde have increased at an annualized rate of 25.9%, from $575 in 2018 to $1.82k in 2023.

In 2018, Cape Verde exported $313k to Cyprus. The main products exported from Cape Verde to Cyprus were Processed Fish ($277k), Rubber Tires ($32.3k), and Trailers and semi-trailers, not mechanically propelled vehicles ($3.89k). During the last 5 years the exports of Cape Verde to Cyprus have increased at an annualized rate of 119%, from $1.3k in 2023 to $313k in 2018.

Exports from Cyprus (Flag) to Cape Verde (Flag) (2023)

Exports from Cape Verde (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and Cape Verde (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Cyprus than Cape Verde included Libya ($775M), Greece ($626M), and Lebanon ($438M).

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

Difference in imports from Cape Verde (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Cape Verde

Flow
Scale

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

During 2023, Cyprus had a large net trade with Cape Verde in the exports of Chemical Products ($1.82k).

During 2018, Cape Verde had a large net trade with Cyprus in the exports of Foodstuffs ($277k), Plastics and Rubbers ($32.3k), and Transportation ($3.89k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cyprus and Cape Verde. This means that a dot/product with the flag of Cyprus 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 Cyprus.

Product Space of Cyprus (Flag) and Cape Verde (Flag) (2023)

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