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2022
Exports $18.7kWorld Rnk 191 / 214
Flag Rnk 100 / 422
2022
Destination $14.1k Iceland
2021 - 2022
FASTEST GROWING MARKET $14.1kIceland
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $186MWorld Rnk 163 / 225
Flag Rnk 1 / 1037
2022
Origin $41.6M Portugal
2021 - 2022
FASTEST GROWING ORIGIN $41.6MPortugal

About

Exports In 2022, Cape Verde exported $18.7k in Refined Petroleum, making it the 191st largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 100th most exported product in Cape Verde. The main destination of Refined Petroleum exports from Cape Verde are: Iceland ($14.1k), Portugal ($2.1k), Netherlands ($1.89k), France ($277), and Spain ($190).

The fastest growing export markets for Refined Petroleum of Cape Verde between 2021 and 2022 were Iceland ($14.1k), Netherlands ($1.27k), and France ($277).

Imports In 2022, Cape Verde imported $186M in Refined Petroleum, becoming the 163rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Cape Verde. Cape Verde imports Refined Petroleum primarily from: Portugal ($56.6M), Togo ($50M), Netherlands ($37.2M), Gibraltar ($12.5M), and Senegal ($9.02M).

The fastest growing import markets in Refined Petroleum for Cape Verde between 2021 and 2022 were Portugal ($41.6M), Togo ($23.9M), and Gibraltar ($12.5M).

Latest Trends

Oct 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 Refined Petroleum. 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)$18.7k
IMPORTS (2022)$186M
NET TRADE (2022)-$186M

In 2022, Cape Verde exported $18.7k in Refined Petroleum. The main destinations of Cape Verde exports on Refined Petroleum were Iceland ($14.1k), Portugal ($2.1k), Netherlands ($1.89k), France ($277), and Spain ($190).

In 2022, Cape Verde imported $186M in Refined Petroleum, mainly from Portugal ($56.6M), Togo ($50M), Netherlands ($37.2M), Gibraltar ($12.5M), and Senegal ($9.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Cape Verde WERE (2021 - 2022):
Iceland$14.1k (1%)
Netherlands$1.27k (207%)
France$277 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Cape Verde WERE (2021 - 2022):Singapore-$1 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cape Verde's main exporting competitors in Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Cape Verde's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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