2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 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 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 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

India-Cape Verde Trade: In 2022, India exported $11.2M to Cape Verde. The main products that India exported to Cape Verde were Refined Petroleum ($3.83M), Rice ($2.3M), and Raw Iron Bars ($1.64M). Over the past 5 years the exports of India to Cape Verde have increased at an annualized rate of 47.3%, from $1.61M in 2017 to $11.2M in 2022.

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

Cape Verde-India Trade: In 2022, Cape Verde exported $4.84M to India. The main products that Cape Verde exported to India were Scrap Iron ($2.81M), Scrap Copper ($1.34M), and Scrap Aluminium ($567k). Over the past 5 years the exports of Cape Verde to India have increased at an annualized rate of 12.1%,  from $2.73M in 2017 to $4.84M in 2022.

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

Comparison In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64),  and 15 in total exports ($468B). 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, India exported $11.2M to Cape Verde. The main products exported from India to Cape Verde were Refined Petroleum ($3.83M), Rice ($2.3M), and Raw Iron Bars ($1.64M). During the last 5 years the exports of India to Cape Verde have increased at an annualized rate of 47.3%, from $1.61M in 2017 to $11.2M in 2022.

In 2017, Cape Verde exported $4.84M to India. The main products exported from Cape Verde to India were Scrap Iron ($2.81M), Scrap Copper ($1.34M), and Scrap Aluminium ($567k). During the last 5 years the exports of Cape Verde to India have increased at an annualized rate of 12.1%, from $2.73M in 2022 to $4.84M in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from India than Cape Verde included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, no countries were registered that imported more from Cape Verde than from India.

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

Comparative Advantage India - Cape Verde

Flow
Scale

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

During 2022, India had a large net trade with Cape Verde in the exports of Mineral Products ($3.83M), Vegetable Products ($2.3M), and Metals ($1.7M).

During 2017, Cape Verde had a large net trade with India in the exports of Metals ($4.72M) and Chemical Products ($120k).

Economic Complexity

Competitive Landscape

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

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

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