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2023
Flag → Flag
Exports $7.57MRnk 122 / 187
2023
Flag → Flag
Top Product $2.87MRefined Petroleum
2023
Flag → Flag
Exports $449kRnk 22 / 101
2023
Flag → Flag
Top Product $238kBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
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 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
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GDP PC $3,771CURRENT US$
Rnk 134 / 195
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195
2023
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GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
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GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Morocco-Cape Verde Trade: In 2023, Morocco exported $7.57M to Cape Verde. The main products that Morocco exported to Cape Verde were Refined Petroleum ($2.87M), Non-fillet Frozen Fish ($2.65M), and Sand ($479k). Over the past 5 years the exports of Morocco to Cape Verde have increased at an annualized rate of 6.08%, from $5.63M in 2018 to $7.57M in 2023.

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

Cape Verde-Morocco Trade: In 2023, Cape Verde exported $449k to Morocco. The main products that Cape Verde exported to Morocco were Broadcasting Equipment ($238k), Processed Fish ($72.5k), and Fish Fillets ($39.9k). Over the past 5 years the exports of Cape Verde to Morocco have increased at an annualized rate of 24.4%,  from $151k in 2018 to $449k in 2023.

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

Comparison In 2023,  Morocco ranked 79 in the Economic Complexity Index (ECI -0.36),  and 60 in total exports ($49.2B). 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, Morocco exported $7.57M to Cape Verde. The main products exported from Morocco to Cape Verde were Refined Petroleum ($2.87M), Non-fillet Frozen Fish ($2.65M), and Sand ($479k). During the last 5 years the exports of Morocco to Cape Verde have increased at an annualized rate of 6.08%, from $5.63M in 2018 to $7.57M in 2023.

In 2018, Cape Verde exported $449k to Morocco. The main products exported from Cape Verde to Morocco were Broadcasting Equipment ($238k), Processed Fish ($72.5k), and Fish Fillets ($39.9k). During the last 5 years the exports of Cape Verde to Morocco have increased at an annualized rate of 24.4%, from $151k in 2023 to $449k in 2018.

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

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

Latest Data

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

Morocco Exports

Cape Verde Exports

Market Competitiveness

Color
Morocco
Top DestinationSpain$9.8B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Morocco than Cape Verde included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

In 2023, countries that imported more from Cape Verde than Morocco included Gibraltar ($2.69M) and Turks and Caicos Islands ($955).

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

Comparative Advantage Morocco - Cape Verde

Flow
Scale

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

During 2023, Morocco had a large net trade with Cape Verde in the exports of Mineral Products ($3.35M), Animal Products ($2.73M), and Machines ($569k).

During 2018, Cape Verde had a large net trade with Morocco in the exports of Machines ($240k), Foodstuffs ($108k), and Animal Products ($77.2k).

Economic Complexity

Competitive Landscape

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

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

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