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Pricing

2022
Flag → Flag
Exports $7.28MRnk 180 / 223
2022
Flag → Flag
Top Product $423kSawn Wood
2022
Flag → Flag
Exports $90.5kRnk 24 / 90
2022
Flag → Flag
Top Product $36.6kOther Furniture
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

Germany-Cape Verde Trade: In 2022, Germany exported $7.28M to Cape Verde. The main products that Germany exported to Cape Verde were Sawn Wood ($423k), Glass Bottles ($400k), and Poultry Meat ($375k). Over the past 5 years the exports of Germany to Cape Verde have decreased at an annualized rate of 12.3%, from $14M in 2017 to $7.28M in 2022.

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

Cape Verde-Germany Trade: In 2022, Cape Verde exported $90.5k to Germany. The main products that Cape Verde exported to Germany were Other Furniture ($36.6k), Seats ($32k), and Knit Sweaters ($16.3k). Over the past 5 years the exports of Cape Verde to Germany have increased at an annualized rate of 28.2%,  from $26.2k in 2017 to $90.5k in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2024

About

Overview In October 2024, Germany exported €621k and imported €171k from Cape Verde, resulting in a positive trade balance of €450k. Between October 2023 and October 2024 the exports of Germany have increased by €418k (206%) from €203k to €621k, while imports increased by €142k (490%) from €29k to €171k.

Trade In October 2024, the top exports of Germany to Cape Verde were Mineral oil products (€52k), Sawn timber (€31k), Perfumes and toilet preparations (€21k), Spirits (€20k), and Other chemical final products (€17k). In October 2024 the top imports of Germany from Cape Verde were Ceramic products (€9k), Apparel of silk, man-made fibres, excl.... (€3k), Returned goods (€0), and Low value consignments Extra-EU trade (€0).

Origins In October 2024 the exports of Germany were mainly from Schleswig-Holstein (€91k), Bavaria (€90k), Lower Saxony (€81k), Hesse (€48k), and North Rhine-Westphalia (€42k), while imports destinations were mainly Schleswig-Holstein (€170k), Bavaria (€1k), and Mecklenburg-Vorpommern (€0).

Growth In October 2024, the increase in Germany's year-by-year exports to Cape Verde was explained primarily by an increase in product exports in Other chemical final products (€16k or 1.6k%), Other articles of iron, iron sheet,... (€14k or 1.4k%), and Other machinery (€13k or 433%). In October 2024, the increase in Germany's year-by-year imports  from Cape Verde was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€418k(206%)
IMPORT GROWTH (October 2023 - October 2024)€142k(490%)
MAIN EXPORTER (October 2024)Schleswig-Holstein€91k

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Cape Verde and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $7.28M to Cape Verde. The main products exported from Germany to Cape Verde were Sawn Wood ($423k), Glass Bottles ($400k), and Poultry Meat ($375k). During the last 5 years the exports of Germany to Cape Verde have decreased at an annualized rate of 12.3%, from $14M in 2017 to $7.28M in 2022.

In 2017, Cape Verde exported $90.5k to Germany. The main products exported from Cape Verde to Germany were Other Furniture ($36.6k), Seats ($32k), and Knit Sweaters ($16.3k). During the last 5 years the exports of Cape Verde to Germany have increased at an annualized rate of 28.2%, from $26.2k in 2022 to $90.5k in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Germany than Cape Verde included United States ($153B), France ($120B), and China ($109B).

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

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

Comparative Advantage Germany - Cape Verde

Flow
Scale

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

During 2022, Germany had a large net trade with Cape Verde in the exports of Machines ($1.97M), Chemical Products ($1.03M), and Transportation ($651k).

During 2017, Cape Verde had a large net trade with Germany in the exports of Miscellaneous ($68.6k), Textiles ($16.3k), and Machines ($2.38k).

Economic Complexity

Competitive Landscape

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

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

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