NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $71.2MRnk 163 / 220
2023
Flag → Flag
Top Product $49.3MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $7.27MRnk 6 / 101
2023
Flag → Flag
Top Product $1.57MProcessed Fish
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
 GDP$2.53BCURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP GROWTH24.9%CURRENT US$
Rnk 128 / 195
2023
Flag
GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

United States-Cape Verde Trade: In 2023, United States exported $71.2M to Cape Verde. The main products that United States exported to Cape Verde were Planes, Helicopters, and/or Spacecraft ($49.3M), Cars ($5.34M), and Petroleum Gas ($1.43M). Over the past 5 years the exports of United States to Cape Verde have increased at an annualized rate of 30.4%, from $18.9M in 2018 to $71.2M in 2023.

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

Cape Verde-United States Trade: In 2023, Cape Verde exported $7.27M to United States. The main products that Cape Verde exported to United States were Processed Fish ($1.57M), Molluscs ($1.22M), and Hard Liquor ($879k). Over the past 5 years the exports of Cape Verde to United States have increased at an annualized rate of 11.7%,  from $4.18M in 2018 to $7.27M in 2023.

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

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Cape Verde ranked 190 in total exports ($163M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Cape Verde to the United States. Conversely, were notable for importing products to Cape Verde from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $3.06M and imported $552k from Cape Verde, resulting in a positive trade balance of $2.51M. Between November 2023 and November 2024 the exports of United States have increased by $2.27M (284%) from $797k to $3.06M, while imports increased by $275k (99.4%) from $277k to $552k.

Trade In November 2024, the top exports of United States to Cape Verde were Other Furniture ($251k), Commodities not elsewhere specified ($216k), Ethylene Polymers ($137k), Cars ($128k), and Special purpose motor vehicles ($97.6k). In November 2024 the top imports of United States from Cape Verde were Fish Fillets ($212k), Processed Fish ($113k), Valves ($10.6k), Telephones ($7.59k), and Commodities not elsewhere specified ($3.66k).

Origins In November 2024 the exports of United States were mainly from New York ($868k), Arizona ($753k), Massachusetts ($580k), Rhode Island ($193k), and Florida ($88.1k), while imports destinations were mainly Massachusetts ($436k), Rhode Island ($89k), South Carolina ($21.3k), and Iowa ($2.31k).

Growth In November 2024, the increase in United States's year-by-year exports to Cape Verde was explained primarily by an increase in product exports in Other Furniture ($185k or 279%), Cars ($98.6k or 339%), and Commodities not elsewhere specified ($57.4k or 36.2%). In November 2024, the increase in United States's year-by-year imports  from Cape Verde was explained primarily by an increase in product imports  in Processed Fish ($20k or 21.3%) and Commodities not elsewhere specified ($1.79k or 95.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$2.27M(284%)
IMPORT GROWTH (November 2023 - November 2024)$275k(99.4%)
MAIN EXPORTER (November 2024)New York$868k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Cape Verde and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cape Verde and United States Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $71.2M to Cape Verde. The main products exported from United States to Cape Verde were Planes, Helicopters, and/or Spacecraft ($49.3M), Cars ($5.34M), and Petroleum Gas ($1.43M). During the last 5 years the exports of United States to Cape Verde have increased at an annualized rate of 30.4%, from $18.9M in 2018 to $71.2M in 2023.

In 2018, Cape Verde exported $7.27M to United States. The main products exported from Cape Verde to United States were Processed Fish ($1.57M), Molluscs ($1.22M), and Hard Liquor ($879k). During the last 5 years the exports of Cape Verde to United States have increased at an annualized rate of 11.7%, from $4.18M in 2023 to $7.27M in 2018.

Exports from United States (Flag) to Cape Verde (Flag) (2023)

Exports from Cape Verde (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from United States than Cape Verde included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, no countries were registered that imported more from Cape Verde than from United States.

Difference in imports from Cape Verde (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Cape Verde

Flow
Scale

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

During 2023, United States had a large net trade with Cape Verde in the exports of Transportation ($57.1M), Machines ($2.95M), and Instruments ($2.67M).

During 2018, Cape Verde had a large net trade with United States in the exports of Foodstuffs ($3.37M), Animal Products ($1.79M), and Transportation ($697k).

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Cape Verde (Flag) (2023)

Keep Exploring

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