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2022
Flag → Flag
Exports $1.87MRnk 145 / 207
2022
Flag → Flag
Top Product $973kSawn Wood
2022
Flag → Flag
Exports $301Rnk 84 / 90
2022
Flag → Flag
Top Product $147Non-Knit Women's Coats
2022
Flag
Economic Complexity (ECI) ECI 1.41Rnk 13 / 133
2022
Flag  
GDP$281BCURRENT US$
Rnk 47 / 186
2012-2022
Flag
GDP GROWTH8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
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GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
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GDP PC $50,537CURRENT US$
Rnk 18 / 186
2012-2022
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GDP PC GROWTH5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC$3,903CURRENT US$
Rnk 122 / 186
2012-2022
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GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186

About

Finland-Cape Verde Trade: In 2022, Finland exported $1.87M to Cape Verde. The main products that Finland exported to Cape Verde were Sawn Wood ($973k), Interchangeable Tool Parts ($619k), and Friction Material ($225k). Over the past 5 years the exports of Finland to Cape Verde have increased at an annualized rate of 20%, from $750k in 2017 to $1.87M in 2022.

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

Cape Verde-Finland Trade: In 2022, Cape Verde exported $301 to Finland. The main products that Cape Verde exported to Finland were Non-Knit Women's Coats ($147), Other Sugars ($130), and Non-Knit Men's Suits ($24). Over the past 5 years the exports of Cape Verde to Finland have decreased at an annualized rate of 0.72%,  from $312 in 2017 to $301 in 2022.

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

Comparison In 2022,  Finland ranked 13 in the Economic Complexity Index (ECI 1.41),  and 46 in total exports ($89.9B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $1.87M to Cape Verde. The main products exported from Finland to Cape Verde were Sawn Wood ($973k), Interchangeable Tool Parts ($619k), and Friction Material ($225k). During the last 5 years the exports of Finland to Cape Verde have increased at an annualized rate of 20%, from $750k in 2017 to $1.87M in 2022.

In 2017, Cape Verde exported $301 to Finland. The main products exported from Cape Verde to Finland were Non-Knit Women's Coats ($147), Other Sugars ($130), and Non-Knit Men's Suits ($24). During the last 5 years the exports of Cape Verde to Finland have decreased at an annualized rate of 0.72%, from $312 in 2022 to $301 in 2017.

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

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

Latest Data

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

Finland Exports

Market Competitiveness

Color
Finland
Top DestinationGermany$9.99B
Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Finland than Cape Verde included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Cape Verde than Finland included Cuba ($208k).

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

Comparative Advantage Finland - Cape Verde

Flow
Scale

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

During 2022, Finland had a large net trade with Cape Verde in the exports of Wood Products ($973k), Metals ($619k), and Stone And Glass ($225k).

During 2017, Cape Verde had a large net trade with Finland in the exports of Textiles ($171) and Foodstuffs ($130).

Economic Complexity

Competitive Landscape

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

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

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