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2023
Flag → Flag
Exports $1.22MRnk 132 / 142
2023
Flag → Flag
Top Product $811kRice
2023
Flag → Flag
Exports $1.96kRnk 77 / 101
2023
Flag → Flag
Top Product $1.96kRailway Cargo Containers
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 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 $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
Flag
GDP PC$4,851CURRENT US$
Rnk 124 / 196
2013-2023
Flag
GDP PC GROWTH22.5%CURRENT US$
Rnk 98 / 195

About

Vietnam-Cape Verde Trade: In 2023, Vietnam exported $1.22M to Cape Verde. The main products that Vietnam exported to Cape Verde were Rice ($811k), Coffee ($235k), and Non-fillet Frozen Fish ($119k). Over the past 5 years the exports of Vietnam to Cape Verde have decreased at an annualized rate of 11%, from $2.19M in 2018 to $1.22M in 2023.

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

Cape Verde-Vietnam Trade: In 2023, Cape Verde exported $1.96k to Vietnam. The main products that Cape Verde exported to Vietnam were Railway Cargo Containers ($1.96k). Over the past 5 years the exports of Cape Verde to Vietnam have decreased at an annualized rate of 19.8%,  from $104k in 2018 to $1.96k in 2023.

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

Comparison In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067),  and 15 in total exports ($424B). 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, Vietnam exported $1.22M to Cape Verde. The main products exported from Vietnam to Cape Verde were Rice ($811k), Coffee ($235k), and Non-fillet Frozen Fish ($119k). During the last 5 years the exports of Vietnam to Cape Verde have decreased at an annualized rate of 11%, from $2.19M in 2018 to $1.22M in 2023.

In 2018, Cape Verde exported $1.96k to Vietnam. The main products exported from Cape Verde to Vietnam were Railway Cargo Containers ($1.96k). During the last 5 years the exports of Cape Verde to Vietnam have decreased at an annualized rate of 19.8%, from $104k in 2023 to $1.96k in 2018.

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

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

Latest Data

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

Cape Verde Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Cape Verde
Top DestinationSpain$74.7M

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

In 2023, countries that imported more from Vietnam than Cape Verde included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Cape Verde than Vietnam included Gibraltar ($2.69M), South Korea ($427k), and Cuba ($158k).

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

Comparative Advantage Vietnam - Cape Verde

Flow
Scale

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

During 2023, Vietnam had a large net trade with Cape Verde in the exports of Vegetable Products ($1.05M), Animal Products ($119k), and Foodstuffs ($23.8k).

During 2018, Cape Verde had a large net trade with Vietnam in the exports of Transportation ($1.96k).

Economic Complexity

Competitive Landscape

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

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

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