2023
Flag  
GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 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 
$68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 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

Denmark-Cape Verde Trade: In 2023, Denmark exported $5.2M to Cape Verde. The main products that Denmark exported to Cape Verde were Aluminium Cans ($3.4M), Poultry Meat ($910k), and Industrial Furnaces ($316k). Over the past 5 years the exports of Denmark to Cape Verde have increased at an annualized rate of 31.4%, from $1.33M in 2018 to $5.2M in 2023.

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

Cape Verde-Denmark Trade: In 2023, Cape Verde exported $1.02M to Denmark. The main products that Cape Verde exported to Denmark were Planes, Helicopters, and/or Spacecraft ($964k), Insulated Wire ($15.3k), and Other Hand Tools ($9.92k). Over the past 5 years the exports of Cape Verde to Denmark have increased at an annualized rate of 121%,  from $19.3k in 2018 to $1.02M in 2023.

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

Comparison In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13),  and 37 in total exports ($118B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Denmark exported $5.2M to Cape Verde. The main products exported from Denmark to Cape Verde were Aluminium Cans ($3.4M), Poultry Meat ($910k), and Industrial Furnaces ($316k). During the last 5 years the exports of Denmark to Cape Verde have increased at an annualized rate of 31.4%, from $1.33M in 2018 to $5.2M in 2023.

In 2018, Cape Verde exported $1.02M to Denmark. The main products exported from Cape Verde to Denmark were Planes, Helicopters, and/or Spacecraft ($964k), Insulated Wire ($15.3k), and Other Hand Tools ($9.92k). During the last 5 years the exports of Cape Verde to Denmark have increased at an annualized rate of 121%, from $19.3k in 2023 to $1.02M in 2018.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$14.8B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Denmark than Cape Verde included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Cape Verde than Denmark included Togo ($11.6M).

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

Comparative Advantage Denmark - Cape Verde

Flow
Scale

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

During 2023, Denmark had a large net trade with Cape Verde in the exports of Metals ($3.41M), Animal Products ($910k), and Machines ($614k).

During 2018, Cape Verde had a large net trade with Denmark in the exports of Transportation ($964k), Machines ($41.6k), and Metals ($9.92k).

Economic Complexity

Competitive Landscape

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

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

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