2023
Flag  
GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
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 
$40,396CURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 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

Malta-Cape Verde Trade: In 2023, Malta exported $1.08M to Cape Verde. The main products that Malta exported to Cape Verde were Other Edible Preparations ($1.06M), Essential Oils ($15.8k), and Other Inedible Animal Products ($5.84k). Over the past 5 years the exports of Malta to Cape Verde have increased at an annualized rate of 31.1%, from $279k in 2018 to $1.08M in 2023.

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

Cape Verde-Malta Trade: In 2023, Cape Verde exported $372 to Malta. The main products that Cape Verde exported to Malta were N/A. Over the past 5 years the exports of Cape Verde to Malta have increased at an annualized rate of 6.38%,  from $273 in 2018 to $372 in 2023.

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

Comparison In 2023,  Malta ranked 112 in total exports ($8.21B). That same year, Cape Verde ranked 190 in total exports ($163M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Malta exported $1.08M to Cape Verde. The main products exported from Malta to Cape Verde were Other Edible Preparations ($1.06M), Essential Oils ($15.8k), and Other Inedible Animal Products ($5.84k). During the last 5 years the exports of Malta to Cape Verde have increased at an annualized rate of 31.1%, from $279k in 2018 to $1.08M in 2023.

In 2017, Cape Verde exported $372 to Malta. There were not main exports from Cape Verde to Malta in 2017. During the last 5 years the exports of Cape Verde to Malta have increased at an annualized rate of 6.38%, from $273 in 2022 to $372 in 2017.

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

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

Latest Data

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

Malta Exports

Market Competitiveness

Color
Malta
Top Destination
Nigeria$2.26B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Malta than Cape Verde included Nigeria ($2.26B), Germany ($849M), and China ($494M).

In 2023, countries that imported more from Cape Verde than Malta included Togo ($11.6M), Gibraltar ($2.69M), and Cuba ($158k).

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

Comparative Advantage Malta - Cape Verde

Flow
Scale

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

During 2023, Malta had a large net trade with Cape Verde in the exports of Foodstuffs ($1.06M), Chemical Products ($19.6k), and Animal Products ($5.84k).

During 2017, Cape Verde had a large net trade with Malta in the exports of .

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with