2022
Flag  
GDP
$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH
90.9%CURRENT US$
Rnk 18 / 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 
$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH
39.5%CURRENT US$
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2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Tanzania-Cape Verde Trade: In 2022, Tanzania exported $3.32k to Cape Verde. The main products that Tanzania exported to Cape Verde were Other live plants, cuttings and slips; mushroom spawn ($3.32k). Over the past 24 years the exports of Tanzania to Cape Verde have increased at an annualized rate of 2.87%, from $1.69k in 1998 to $3.32k in 2022.

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

Cape Verde-Tanzania Trade: In 2022, Cape Verde exported $11 to Tanzania. The main products that Cape Verde exported to Tanzania were Valves ($11). Over the past 24 years the exports of Cape Verde to Tanzania have decreased at an annualized rate of 26%,  from $67 in 1998 to $11 in 2022.

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

Comparison In 2022,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08),  and 104 in total exports ($10B). 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, Tanzania exported $3.32k to Cape Verde. The main products exported from Tanzania to Cape Verde were Other live plants, cuttings and slips; mushroom spawn ($3.32k). During the last 24 years the exports of Tanzania to Cape Verde have increased at an annualized rate of 2.87%, from $1.69k in 1998 to $3.32k in 2022.

In 2017, Cape Verde exported $11 to Tanzania. The main products exported from Cape Verde to Tanzania were Valves ($11). During the last 5 years the exports of Cape Verde to Tanzania have decreased at an annualized rate of 26%, from $67 in 2022 to $11 in 2017.

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

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

Market Competitiveness

Color
Tanzania
Top Destination
India$2.73B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Tanzania than Cape Verde included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

In 2022, countries that imported more from Cape Verde than Tanzania included Spain ($51.3M), Cuba ($208k), and Guyana ($4.75k).

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

Comparative Advantage Tanzania - Cape Verde

Flow
Scale

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

During 2022, Tanzania had a large net trade with Cape Verde in the exports of Vegetable Products ($3.32k).

During 2017, Cape Verde had a large net trade with Tanzania in the exports of Machines ($11).

Economic Complexity

Competitive Landscape

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

Product Space of Tanzania (Flag) and Cape Verde (Flag) (2022)

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