2023
Flag  
GDP
$164BCURRENT US$
Rnk 58 / 195
2013-2023
Flag
GDP GROWTH
-6.01%CURRENT US$
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2023
Flag
 GDP
$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH
24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC 
$33,730CURRENT US$
Rnk 39 / 195
2013-2023
Flag
GDP PC GROWTH
-32.1%CURRENT US$
Rnk 187 / 195
2023
Flag
GDP PC
$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 98 / 195

About

In N/A, Kuwait did not export any services to Cape Verde.

Cape Verde-Kuwait Trade: In N/A, Cape Verde exported $6.67k to Kuwait. The main products that Cape Verde exported to Kuwait were Thermostats ($3.31k), Broadcasting Equipment ($1.74k), and Rubber Footwear ($1.63k). Over the past N/A years the exports of Cape Verde to Kuwait have increased at an annualized rate of 1.54%,  from $6.18k in N/A to $6.67k in N/A.

In N/A, Cape Verde did not export any services to Kuwait.

Comparison In 2023,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.21),  and 47 in total exports ($71B). 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

Kuwait does not register exports to Cape Verde.

In 2018, Cape Verde exported $6.67k to Kuwait. The main products exported from Cape Verde to Kuwait were Thermostats ($3.31k), Broadcasting Equipment ($1.74k), and Rubber Footwear ($1.63k). During the last 5 years the exports of Cape Verde to Kuwait have increased at an annualized rate of 1.54%, from $6.18k in 2023 to $6.67k in 2018.

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

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

Market Competitiveness

Color
Kuwait
Top Destination
China$17.4B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Kuwait than Cape Verde included China ($17.4B), India ($9.51B), and Japan ($9.13B).

In 2023, countries that imported more from Cape Verde than Kuwait included Gibraltar ($2.69M), Chile ($617k), and Guatemala ($348k).

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

Comparative Advantage Kuwait - Cape Verde

Flow
Scale

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

During 2018, Cape Verde had a large net trade with Kuwait in the exports of Instruments ($3.31k), Machines ($1.74k), and Footwear and Headwear ($1.63k).

Economic Complexity

Competitive Landscape

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

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

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