2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$2.31BCURRENT US$
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2012-2022
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GDP GROWTH
21%CURRENT US$
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2022
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GDP PC 
$33,815CURRENT US$
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2012-2022
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GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$3,903CURRENT US$
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2012-2022
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GDP PC GROWTH
8.91%CURRENT US$
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About

Japan-Cape Verde Trade: In 2022, Japan exported $4.77M to Cape Verde. The main products that Japan exported to Cape Verde were Buses ($1.84M), Cars ($1.33M), and Delivery Trucks ($703k). Over the past 5 years the exports of Japan to Cape Verde have decreased at an annualized rate of 11.8%, from $8.95M in 2017 to $4.77M in 2022.

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

Cape Verde-Japan Trade: In 2022, Cape Verde exported $5.04k to Japan. The main products that Cape Verde exported to Japan were Granite ($5.04k). Over the past 5 years the exports of Cape Verde to Japan have decreased at an annualized rate of 39.2%,  from $60.6k in 2017 to $5.04k in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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, Japan exported $4.77M to Cape Verde. The main products exported from Japan to Cape Verde were Buses ($1.84M), Cars ($1.33M), and Delivery Trucks ($703k). During the last 5 years the exports of Japan to Cape Verde have decreased at an annualized rate of 11.8%, from $8.95M in 2017 to $4.77M in 2022.

In 2017, Cape Verde exported $5.04k to Japan. The main products exported from Cape Verde to Japan were Granite ($5.04k). During the last 5 years the exports of Cape Verde to Japan have decreased at an annualized rate of 39.2%, from $60.6k in 2022 to $5.04k in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Japan than Cape Verde included United States ($137B), China ($135B), and South Korea ($50.8B).

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

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

Comparative Advantage Japan - Cape Verde

Flow
Scale

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

During 2022, Japan had a large net trade with Cape Verde in the exports of Transportation ($3.87M), Vegetable Products ($657k), and Machines ($147k).

During 2017, Cape Verde had a large net trade with Japan in the exports of Mineral Products ($5.04k).

Economic Complexity

Competitive Landscape

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

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

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