2022
Flag  
GDP
$1.41TCURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP GROWTH
17.7%CURRENT US$
Rnk 127 / 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 
$11,091CURRENT US$
Rnk 74 / 186
2012-2022
Flag
GDP PC GROWTH
6.89%CURRENT US$
Rnk 126 / 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

Mexico-Cape Verde Trade: In 2022, Mexico exported $6.13k to Cape Verde. The main products that Mexico exported to Cape Verde were N/A. Over the past 6 years the exports of Mexico to Cape Verde have decreased at an annualized rate of 14.7%, from $15.9k in 2016 to $6.13k in 2022.

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

Cape Verde-Mexico Trade: In 2022, 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 $10.8k in 2016 to $588k in 2022.

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

Comparison In 2022,  Mexico ranked 25 in the Economic Complexity Index (ECI 1.08),  and 10 in total exports ($549B). 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, Mexico exported $6.13k to Cape Verde. There were not main exports from Mexico to Cape Verde in 2022. During the last 6 years the exports of Mexico to Cape Verde have decreased at an annualized rate of 14.7%, from $15.9k in 2016 to $6.13k in 2022.

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 $10.8k in 2013 to $588k in 2008.

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

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

Market Competitiveness

Color
Mexico
Top Destination
United States$421B
Cape Verde
Top Destination
Spain$51.3M

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 2022, countries that imported more from Mexico than Cape Verde included United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2022, countries that imported more from Cape Verde than Mexico included Libya ($20.5k).

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

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 2022, Mexico had a large net trade with Cape Verde in the exports of Foodstuffs ($6.13k).

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) (2022)

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