2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 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 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 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

Pakistan-Cape Verde Trade: In 2023, Pakistan exported $40.5k to Cape Verde. The main products that Pakistan exported to Cape Verde were Fruit Juice ($11.6k), Flavored Water ($5.9k), and Pure Olive Oil ($4.86k). Over the past 5 years the exports of Pakistan to Cape Verde have decreased at an annualized rate of 28.8%, from $221k in 2018 to $40.5k in 2023.

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

Cape Verde-Pakistan Trade: In 2023, Cape Verde exported $1.73k to Pakistan. The main products that Cape Verde exported to Pakistan were Carbon-based Electronics ($1.73k). Over the past 5 years the exports of Cape Verde to Pakistan have decreased at an annualized rate of 54.6%,  from $89.4k in 2018 to $1.73k in 2023.

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

Comparison In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55),  and 66 in total exports ($35.8B). 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, Pakistan exported $40.5k to Cape Verde. The main products exported from Pakistan to Cape Verde were Fruit Juice ($11.6k), Flavored Water ($5.9k), and Pure Olive Oil ($4.86k). During the last 5 years the exports of Pakistan to Cape Verde have decreased at an annualized rate of 28.8%, from $221k in 2018 to $40.5k in 2023.

In 2018, Cape Verde exported $1.73k to Pakistan. The main products exported from Cape Verde to Pakistan were Carbon-based Electronics ($1.73k). During the last 5 years the exports of Cape Verde to Pakistan have decreased at an annualized rate of 54.6%, from $89.4k in 2023 to $1.73k in 2018.

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

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

Latest Data

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

Pakistan Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Cape Verde
Top Destination
Spain$74.7M

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

In 2023, countries that imported more from Pakistan than Cape Verde included United States ($5.18B), United Arab Emirates ($3.7B), and China ($3.4B).

In 2023, countries that imported more from Cape Verde than Pakistan included India ($10.2M), Gibraltar ($2.69M), and Cuba ($158k).

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

Comparative Advantage Pakistan - Cape Verde

Flow
Scale

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

During 2023, Pakistan had a large net trade with Cape Verde in the exports of Foodstuffs ($18.8k), Paper Goods ($5.3k), and Animal and Vegetable Bi-Products ($4.86k).

During 2018, Cape Verde had a large net trade with Pakistan in the exports of Machines ($1.73k).

Economic Complexity

Competitive Landscape

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

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

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