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2023
Flag → Flag
Exports $657kRnk 107 / 172
2023
Flag → Flag
Top Product $330kSawn Wood
2023
Flag → Flag
Exports $3.53MRnk 8 / 101
2023
Flag → Flag
Top Product $3.44MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 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 $2,260CURRENT US$
Rnk 152 / 195
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Ghana-Cape Verde Trade: In 2023, Ghana exported $657k to Cape Verde. The main products that Ghana exported to Cape Verde were Sawn Wood ($330k), Rough Wood ($240k), and Hard Liquor ($39.5k). Over the past 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 15.8%, from $1.56M in 2018 to $657k in 2023.

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

Cape Verde-Ghana Trade: In 2023, Cape Verde exported $3.53M to Ghana. The main products that Cape Verde exported to Ghana were Refined Petroleum ($3.44M), Imitation Jewellery ($21.6k), and Headbands and Linings ($18.1k). Over the past 5 years the exports of Cape Verde to Ghana have increased at an annualized rate of 197%,  from $15.2k in 2018 to $3.53M in 2023.

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

Comparison In 2023,  Ghana ranked 109 in the Economic Complexity Index (ECI -0.97),  and 71 in total exports ($27.1B). 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, Ghana exported $657k to Cape Verde. The main products exported from Ghana to Cape Verde were Sawn Wood ($330k), Rough Wood ($240k), and Hard Liquor ($39.5k). During the last 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 15.8%, from $1.56M in 2018 to $657k in 2023.

In 2018, Cape Verde exported $3.53M to Ghana. The main products exported from Cape Verde to Ghana were Refined Petroleum ($3.44M), Imitation Jewellery ($21.6k), and Headbands and Linings ($18.1k). During the last 5 years the exports of Cape Verde to Ghana have increased at an annualized rate of 197%, from $15.2k in 2023 to $3.53M in 2018.

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

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

Latest Data

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

Ghana Exports

Cape Verde Exports

Market Competitiveness

Color
Ghana
Top DestinationSwitzerland$6.49B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Ghana than Cape Verde included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

In 2023, countries that imported more from Cape Verde than Ghana included Chile ($617k), Djibouti ($527k), and Cuba ($158k).

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

Comparative Advantage Ghana - Cape Verde

Flow
Scale

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

During 2023, Ghana had a large net trade with Cape Verde in the exports of Wood Products ($569k), Foodstuffs ($47.5k), and Weapons ($39.4k).

During 2018, Cape Verde had a large net trade with Ghana in the exports of Mineral Products ($3.44M), Footwear and Headwear ($23.2k), and Precious Metals ($21.6k).

Economic Complexity

Competitive Landscape

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

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

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