2022
Flag  
GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
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2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
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2022
Flag
GDP PC
$3,903CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

South Africa-Cape Verde Trade: In 2022, South Africa exported $4.16M to Cape Verde. The main products that South Africa exported to Cape Verde were Delivery Trucks ($2.73M), Recreational Boats ($1.14M), and Pesticides ($170k). Over the past 5 years the exports of South Africa to Cape Verde have decreased at an annualized rate of 12.8%, from $8.26M in 2017 to $4.16M in 2022.

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

Cape Verde-South Africa Trade: In 2022, Cape Verde exported $42k to South Africa. The main products that Cape Verde exported to South Africa were Amino-resins ($27k), Textile Footwear ($10.5k), and Chemical Analysis Instruments ($3.61k). Over the past 5 years the exports of Cape Verde to South Africa have decreased at an annualized rate of 6.14%,  from $65.5k in 2017 to $42k in 2022.

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

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). 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, South Africa exported $4.16M to Cape Verde. The main products exported from South Africa to Cape Verde were Delivery Trucks ($2.73M), Recreational Boats ($1.14M), and Pesticides ($170k). During the last 5 years the exports of South Africa to Cape Verde have decreased at an annualized rate of 12.8%, from $8.26M in 2017 to $4.16M in 2022.

In 2017, Cape Verde exported $42k to South Africa. The main products exported from Cape Verde to South Africa were Amino-resins ($27k), Textile Footwear ($10.5k), and Chemical Analysis Instruments ($3.61k). During the last 5 years the exports of Cape Verde to South Africa have decreased at an annualized rate of 6.14%, from $65.5k in 2022 to $42k in 2017.

Exports from South Africa (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from South Africa than Cape Verde included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, no countries were registered that imported more from Cape Verde than from South Africa.

Difference in imports from Cape Verde (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Cape Verde

Flow
Scale

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

During 2022, South Africa had a large net trade with Cape Verde in the exports of Transportation ($3.87M), Chemical Products ($237k), and Instruments ($30.7k).

During 2017, Cape Verde had a large net trade with South Africa in the exports of Plastics and Rubbers ($27k), Footwear and Headwear ($10.6k), and Instruments ($3.61k).

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Cape Verde (Flag) (2022)

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