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2023
Flag → Flag
Exports $29kRnk 154 / 158
2023
Flag → Flag
Top Product $17.4kConfectionery Sugar
2023
Flag → Flag
Exports $588kRnk 13 / 0
2023
Flag
Economic Complexity (ECI) ECI 1.09Rnk 25 / 132
2023
Flag  
GDP$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH34.8%CURRENT US$
Rnk 103 / 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 $13,790CURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP PC GROWTH22.9%CURRENT US$
Rnk 94 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Mexico-Cape Verde Trade: In 2023, Mexico exported $29k to Cape Verde. The main products that Mexico exported to Cape Verde were Confectionery Sugar ($17.4k), Chocolate ($7.28k), and Cars ($2.61k). Over the past 6 years the exports of Mexico to Cape Verde have increased at an annualized rate of 25.7%, from $7.37k in 2017 to $29k in 2023.

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

Cape Verde-Mexico Trade: In 2023, Cape Verde exported $588k to Mexico. The main products that Cape Verde exported to Mexico were N/A. Over the past 6 years the exports of Cape Verde to Mexico have increased at an annualized rate of 122%,  from $10.9k in 2017 to $588k in 2023.

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

Comparison In 2023,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.09),  and 8 in total exports ($603B). 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, Mexico exported $29k to Cape Verde. The main products exported from Mexico to Cape Verde were Confectionery Sugar ($17.4k), Chocolate ($7.28k), and Cars ($2.61k). During the last 6 years the exports of Mexico to Cape Verde have increased at an annualized rate of 25.7%, from $7.37k in 2017 to $29k in 2023.

In 2008, Cape Verde exported $588k to Mexico. There were not main exports from Cape Verde to Mexico in 2008. During the last 5 years the exports of Cape Verde to Mexico have increased at an annualized rate of 122%, from $10.9k in 2013 to $588k in 2008.

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

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

Latest Data

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

Mexico Exports

Market Competitiveness

Color
Mexico
Top DestinationUnited States$456B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Mexico than Cape Verde included United States ($456B), Canada ($33B), and China ($15B).

In 2023, countries that imported more from Cape Verde than Mexico included Togo ($11.6M), Gibraltar ($2.69M), and Libya ($41k).

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

Comparative Advantage Mexico - Cape Verde

Flow
Scale

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

During 2023, Mexico had a large net trade with Cape Verde in the exports of Foodstuffs ($26.4k) and Transportation ($2.61k).

During 2008, Cape Verde had a large net trade with Mexico in the exports of .

Economic Complexity

Competitive Landscape

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

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

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