2023
Flag  
GDP
$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH
73.2%CURRENT US$
Rnk 37 / 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 
$1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH
27.1%CURRENT US$
Rnk 83 / 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

Tanzania-Cape Verde Trade: In 2023, Tanzania exported $64.1k to Cape Verde. The main products that Tanzania exported to Cape Verde were Dried Legumes ($63.3k) and Audio Alarms ($798). Over the past 10 years the exports of Tanzania to Cape Verde have increased at an annualized rate of 10.2%, from $24.3k in 2013 to $64.1k in 2023.

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

Cape Verde-Tanzania Trade: In 2023, Cape Verde exported $11 to Tanzania. The main products that Cape Verde exported to Tanzania were N/A. Over the past 10 years the exports of Cape Verde to Tanzania have decreased at an annualized rate of 30.3%,  from $67 in 2013 to $11 in 2023.

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

Comparison In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13),  and 99 in total exports ($11.3B). 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, Tanzania exported $64.1k to Cape Verde. The main products exported from Tanzania to Cape Verde were Dried Legumes ($63.3k) and Audio Alarms ($798). During the last 10 years the exports of Tanzania to Cape Verde have increased at an annualized rate of 10.2%, from $24.3k in 2013 to $64.1k in 2023.

In 2017, Cape Verde exported $11 to Tanzania. There were not main exports from Cape Verde to Tanzania in 2017. During the last 5 years the exports of Cape Verde to Tanzania have decreased at an annualized rate of 30.3%, from $67 in 2022 to $11 in 2017.

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

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

Market Competitiveness

Color
Tanzania
Top Destination
India$1.74B
Cape Verde
Top Destination
Spain$74.7M

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 2023, countries that imported more from Tanzania than Cape Verde included India ($1.74B), United Arab Emirates ($1.62B), and Uganda ($1.35B).

In 2023, countries that imported more from Cape Verde than Tanzania included Spain ($74.7M), Togo ($11.6M), and Gibraltar ($2.69M).

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

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 2023, Tanzania had a large net trade with Cape Verde in the exports of Vegetable Products ($63.3k) and Machines ($798).

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

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) (2023)

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