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2023
Flag → Flag
Exports $1.84MRnk 131 / 199
2023
Flag → Flag
Top Product $1.8MCars
2023
Flag → Flag
Exports $211Rnk 97 / 101
2023
Flag → Flag
Top Product $151Tufted Carpets
2023
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Economic Complexity (ECI) ECI 1.02Rnk 28 / 132
2023
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GDP$351BCURRENT US$
Rnk 43 / 195
2013-2023
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GDP GROWTH84.8%CURRENT US$
Rnk 24 / 195
2023
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 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
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GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
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GDP PC $18,404CURRENT US$
Rnk 66 / 195
2013-2023
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GDP PC GROWTH93.8%CURRENT US$
Rnk 11 / 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

Romania-Cape Verde Trade: In 2023, Romania exported $1.84M to Cape Verde. The main products that Romania exported to Cape Verde were Cars ($1.8M), Seed Oils ($25.5k), and Paper Notebooks ($7.17k). Over the past 5 years the exports of Romania to Cape Verde have increased at an annualized rate of 18.8%, from $775k in 2018 to $1.84M in 2023.

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

Cape Verde-Romania Trade: In 2023, Cape Verde exported $211 to Romania. The main products that Cape Verde exported to Romania were Tufted Carpets ($151) and Metalworking Machine Parts ($60). Over the past 5 years the exports of Cape Verde to Romania have decreased at an annualized rate of 75.4%,  from $235k in 2018 to $211 in 2023.

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

Comparison In 2023,  Romania ranked 28 in the Economic Complexity Index (ECI 1.02),  and 41 in total exports ($104B). 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, Romania exported $1.84M to Cape Verde. The main products exported from Romania to Cape Verde were Cars ($1.8M), Seed Oils ($25.5k), and Paper Notebooks ($7.17k). During the last 5 years the exports of Romania to Cape Verde have increased at an annualized rate of 18.8%, from $775k in 2018 to $1.84M in 2023.

In 2018, Cape Verde exported $211 to Romania. The main products exported from Cape Verde to Romania were Tufted Carpets ($151) and Metalworking Machine Parts ($60). During the last 5 years the exports of Cape Verde to Romania have decreased at an annualized rate of 75.4%, from $235k in 2023 to $211 in 2018.

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

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

Latest Data

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

Romania Exports

Market Competitiveness

Color
Romania
Top DestinationGermany$19.9B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Romania than Cape Verde included Germany ($19.9B), Italy ($10.2B), and France ($6.5B).

In 2023, countries that imported more from Cape Verde than Romania included Togo ($11.6M), Cuba ($158k), and Sao Tome and Principe ($5.29k).

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

Comparative Advantage Romania - Cape Verde

Flow
Scale

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

During 2023, Romania had a large net trade with Cape Verde in the exports of Transportation ($1.8M), Animal and Vegetable Bi-Products ($25.5k), and Paper Goods ($7.82k).

During 2018, Cape Verde had a large net trade with Romania in the exports of Textiles ($151) and Machines ($60).

Economic Complexity

Competitive Landscape

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

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

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