2023
Flag  
GDP
$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH
244%CURRENT US$
Rnk 2 / 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 
$1,272CURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP PC GROWTH
163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC
$4,851CURRENT US$
Rnk 124 / 196
2013-2023
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GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

Ethiopia-Cape Verde Trade: In 2023, Ethiopia exported $65.7k to Cape Verde. The main products that Ethiopia exported to Cape Verde were Dried Legumes ($65.7k). Over the past 11 years the exports of Ethiopia to Cape Verde have increased at an annualized rate of 80.7%, from $98 in 2012 to $65.7k in 2023.

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

Cape Verde-Ethiopia Trade: In 2023, Cape Verde exported $4.28k to Ethiopia. The main products that Cape Verde exported to Ethiopia were N/A. Over the past 11 years the exports of Cape Verde to Ethiopia have decreased at an annualized rate of 3.74%,  from $5.18k in 2012 to $4.28k in 2023.

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

Comparison In 2023,  Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84),  and 137 in total exports ($3.97B). 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, Ethiopia exported $65.7k to Cape Verde. The main products exported from Ethiopia to Cape Verde were Dried Legumes ($65.7k). During the last 11 years the exports of Ethiopia to Cape Verde have increased at an annualized rate of 80.7%, from $98 in 2012 to $65.7k in 2023.

In 2017, Cape Verde exported $4.28k to Ethiopia. There were not main exports from Cape Verde to Ethiopia in 2017. During the last 5 years the exports of Cape Verde to Ethiopia have decreased at an annualized rate of 3.74%, from $5.18k in 2022 to $4.28k in 2017.

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

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

Market Competitiveness

Color
Ethiopia
Top Destination
United States$487M
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Ethiopia than Cape Verde included United States ($487M), China ($402M), and United Arab Emirates ($314M).

In 2023, countries that imported more from Cape Verde than Ethiopia included Spain ($74.7M), Togo ($11.6M), and Portugal ($14.1M).

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

Comparative Advantage Ethiopia - Cape Verde

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Cape Verde in the exports of Vegetable Products ($65.7k).

During 2017, Cape Verde had a large net trade with Ethiopia in the exports of .

Economic Complexity

Competitive Landscape

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

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

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