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Exports In 2022, Cape Verde exported $209k in Cars, making it the 173rd largest exporter of Cars in the world. At the same year, Cars was the 22nd most exported product in Cape Verde. The main destination of Cars exports from Cape Verde are: Portugal ($167k), Spain ($26.7k), Senegal ($12.5k), and France ($2.81k).

The fastest growing export markets for Cars of Cape Verde between 2021 and 2022 were Portugal ($44k) and Senegal ($9.69k).

Imports In 2022, Cape Verde imported $23.8M in Cars, becoming the 174th largest importer of Cars in the world. At the same year, Cars was the 3rd most imported product in Cape Verde. Cape Verde imports Cars primarily from: United States ($5.58M), Portugal ($5.58M), France ($3.2M), South Korea ($2.71M), and Netherlands ($1.33M).

The fastest growing import markets in Cars for Cape Verde between 2021 and 2022 were Japan ($573k), South Korea ($438k), and Angola ($240k).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$209k
IMPORTS (2022)$23.8M
NET TRADE (2022)-$23.6M

In 2022, Cape Verde exported $209k in Cars. The main destinations of Cape Verde exports on Cars were Portugal ($167k), Spain ($26.7k), Senegal ($12.5k), and France ($2.81k).

In 2022, Cape Verde imported $23.8M in Cars, mainly from United States ($5.58M), Portugal ($5.58M), France ($3.2M), South Korea ($2.71M), and Netherlands ($1.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Cape Verde WERE (2021 - 2022):
Portugal$44k (35.7%)
Senegal$9.69k (351%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Cape Verde WERE (2021 - 2022):
France-$17.8k (-86.4%)
Spain-$4.38k (-14.1%)
Angola-$3.45k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cape Verde's main exporting competitors in Cars were:
In 2022, Cape Verde's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

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Cars’s highest export potential is N/A. With an export gap of N/A.   Cars’s highest import potential is N/A with an import gap of N/A.

See methodology.

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