2022
Flag  
GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

United Kingdom-Cape Verde Trade: In 2022, United Kingdom exported $6.31M to Cape Verde. The main products that United Kingdom exported to Cape Verde were Petroleum Gas ($2.16M), Refined Petroleum ($727k), and Laboratory Reagents ($611k). Over the past 5 years the exports of United Kingdom to Cape Verde have increased at an annualized rate of 10.9%, from $3.76M in 2017 to $6.31M in 2022.

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

Cape Verde-United Kingdom Trade: In 2022, Cape Verde exported $490k to United Kingdom. The main products that Cape Verde exported to United Kingdom were Surveying Equipment ($147k), Fake Hair ($76.3k), and Paper Containers ($59.7k). Over the past 5 years the exports of Cape Verde to United Kingdom have increased at an annualized rate of 5.95%,  from $259k in 2017 to $490k in 2022.

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

Comparison In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42),  and 14 in total exports ($469B). 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, United Kingdom exported $6.31M to Cape Verde. The main products exported from United Kingdom to Cape Verde were Petroleum Gas ($2.16M), Refined Petroleum ($727k), and Laboratory Reagents ($611k). During the last 5 years the exports of United Kingdom to Cape Verde have increased at an annualized rate of 10.9%, from $3.76M in 2017 to $6.31M in 2022.

In 2017, Cape Verde exported $490k to United Kingdom. The main products exported from Cape Verde to United Kingdom were Surveying Equipment ($147k), Fake Hair ($76.3k), and Paper Containers ($59.7k). During the last 5 years the exports of Cape Verde to United Kingdom have increased at an annualized rate of 5.95%, from $259k in 2022 to $490k in 2017.

Exports from United Kingdom (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
N/AN/A
Cape Verde
Top Destination
N/AN/A

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.

N/A

N/A

Difference in imports from Cape Verde (Flag) and United Kingdom (Flag) (2022)

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 2022, United Kingdom had a large net trade with Cape Verde in the exports of Mineral Products ($2.89M), Foodstuffs ($794k), and Chemical Products ($771k).

During 2017, Cape Verde had a large net trade with United Kingdom in the exports of Instruments ($149k), Footwear and Headwear ($120k), and Paper Goods ($61.1k).

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) (2022)

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