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2023
Exports $14.8kWorld Rnk 135 / 167
Flag Rnk 150 / 598
2023
Destination $1.78k Portugal
2022 - 2023
FASTEST GROWING MARKET $1.78kFrance
2023
PRODUCT COMPLEXITY IN Forging Machines1.5Rnk 45 / 1025
2023
Imports $112kWorld Rnk 179 / 214
Flag Rnk 478 / 1041
2023
Origin $6.86k Portugal
2022 - 2023
FASTEST GROWING ORIGIN $6.86kSweden

About

Exports In 2023, Cape Verde exported $14.8k in Forging Machines, making it the 135th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 150th most exported product in Cape Verde. The main destination of Forging Machines exports from Cape Verde are: Portugal ($13.1k) and France ($1.78k).

The fastest growing export markets for Forging Machines of Cape Verde between 2022 and 2023 were France ($1.78k).

Imports In 2023, Cape Verde imported $112k in Forging Machines, becoming the 179th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 478th most imported product in Cape Verde. Cape Verde imports Forging Machines primarily from: Portugal ($59.8k), India ($24.7k), China ($9.96k), Sweden ($6.86k), and United Kingdom ($6.2k).

The fastest growing import markets in Forging Machines for Cape Verde between 2022 and 2023 were Sweden ($6.86k), United Kingdom ($6.2k), and Senegal ($1.86k).

Latest Trends

Jan 2025

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 Forging Machines. 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 (2023)$14.8k
IMPORTS (2023)$112k
NET TRADE (2023)-$97.1k

In 2023, Cape Verde exported $14.8k in Forging Machines. The main destinations of Cape Verde exports on Forging Machines were Portugal ($13.1k) and France ($1.78k).

In 2023, Cape Verde imported $112k in Forging Machines, mainly from Portugal ($59.8k), India ($24.7k), China ($9.96k), Sweden ($6.86k), and United Kingdom ($6.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Cape Verde WERE (2022 - 2023):France$1.78k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Cape Verde WERE (2022 - 2023):Portugal-$113k (-89.7%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cape Verde's main exporting competitors in Forging Machines were:
China $1.99B
Italy $1.4B
Germany $1.17B
In 2023, Cape Verde's main importing competitors in Forging Machines were:
United States $1.61B
China $762M
Mexico $640M

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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