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Pricing

2023
Flag → Flag
Exports $5.26MRnk 183 / 223
2023
Flag → Flag
Top Product $2.16MPetroleum Gas
2023
Flag → Flag
Exports $506kRnk 21 / 101
2023
Flag → Flag
Top Product $60.7kIndustrial Fatty Acids, Oils and Alcohols
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 11 / 132
2023
Flag  
GDP$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC $49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

United Kingdom-Cape Verde Trade: In 2023, United Kingdom exported $5.26M to Cape Verde. The main products that United Kingdom exported to Cape Verde were Petroleum Gas ($2.16M), Industrial Furnaces ($298k), and Aircraft parts (gliders, balloons, and powered aircraft) ($254k). Over the past 5 years the exports of United Kingdom to Cape Verde have increased at an annualized rate of 21.3%, from $2.01M in 2018 to $5.26M in 2023.

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

Cape Verde-United Kingdom Trade: In 2023, Cape Verde exported $506k to United Kingdom. The main products that Cape Verde exported to United Kingdom were Industrial Fatty Acids, Oils and Alcohols ($60.7k), Processed Tobacco ($55.4k), and Railway Cargo Containers ($55.2k). Over the past 5 years the exports of Cape Verde to United Kingdom have increased at an annualized rate of 74.6%,  from $31.2k in 2018 to $506k in 2023.

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

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, United Kingdom exported £165k and imported £2.57k from Cape Verde, resulting in a positive trade balance of £163k. Between November 2023 and November 2024 the exports of United Kingdom have decreased by £-155k (-48.4%) from £321k to £165k, while imports decreased by £-7.54k (-74.6%) from £10.1k to £2.57k.

Trade In November 2024, the top exports of United Kingdom to Cape Verde were Industrial Furnaces (£239k), Hard Liquor (£62.4k), Industrial Printers (£28.7k), Electrical Transformers (£15.9k), and Other Measuring Instruments (£13.6k). In November 2024 the top imports of United Kingdom from Cape Verde were Non-woven Textiles (£54.8k), Low-voltage Protection Equipment (£33.6k), Beer (£16.9k), and Other Electrical Machinery (£6.77k).

Origins In November 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£53k), London Gateway (£49.4k), Dover Eurotunnel (£44.4k), East Midlands Airport (£3.14k), and London Stansted Airport (£2.97k), while imports destinations were mainly East Midlands Airport (£1.18k).

Growth In November 2024, the decrease in United Kingdom's year-by-year exports to Cape Verde was explained primarily by an decrease in product exports in Commodities not elsewhere specified (£-3.81k or -44.1%) and Telephones (£-71 or -6.06%). In November 2024, the decrease in United Kingdom's year-by-year imports  from Cape Verde was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)£-155k(-48.4%)
IMPORT GROWTH (November 2023 - November 2024)£-7.54k(-74.6%)
MAIN EXPORTER (November 2024)London Heathrow Airport£53k

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

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

For full datasets download visit Bulk Download page.

Explore Cape Verde and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Kingdom exported $5.26M to Cape Verde. The main products exported from United Kingdom to Cape Verde were Petroleum Gas ($2.16M), Industrial Furnaces ($298k), and Aircraft parts (gliders, balloons, and powered aircraft) ($254k). During the last 5 years the exports of United Kingdom to Cape Verde have increased at an annualized rate of 21.3%, from $2.01M in 2018 to $5.26M in 2023.

In 2018, Cape Verde exported $506k to United Kingdom. The main products exported from Cape Verde to United Kingdom were Industrial Fatty Acids, Oils and Alcohols ($60.7k), Processed Tobacco ($55.4k), and Railway Cargo Containers ($55.2k). During the last 5 years the exports of Cape Verde to United Kingdom have increased at an annualized rate of 74.6%, from $31.2k in 2023 to $506k in 2018.

Exports from United Kingdom (Flag) to Cape Verde (Flag) (2023)

Exports from Cape Verde (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$59.7B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from United Kingdom than Cape Verde included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

In 2023, no countries were registered that imported more from Cape Verde than from United Kingdom.

Difference in imports from Cape Verde (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Cape Verde

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Cape Verde in the exports of Mineral Products ($2.17M), Machines ($1.11M), and Foodstuffs ($619k).

During 2018, Cape Verde had a large net trade with United Kingdom in the exports of Miscellaneous ($87k), Machines ($84k), and Foodstuffs ($78.6k).

Economic Complexity

Competitive Landscape

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

Product Space of United Kingdom (Flag) and Cape Verde (Flag) (2023)

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