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Cabo Verde: Trade Statistics

Exporter Rank

140 / 146

Importer Rank

134 / 145

Trade Balance Rank

55 / 145

Total Trade [1]

Total Exports (2016) $60,361,080
Total Imports (2016) $672,160,140
Trade Balance (2016) ($611,799,060)
Exports of goods and services (% of GDP) (2017) [2] 39.13%
Imports of goods and services (% of GDP) (2017) [2] 63.94%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Spain $43,724,338
Portugal $11,575,643
Turkey $2,509,531
Italy $741,813
United States $674,448
Oman $403,649
Netherlands $228,142
Morocco $194,674
Cote d'Ivoire $107,098
Sao Tome and Principe $62,591

Import Partners

Top 10 Import Countries

Country Import USD$
Portugal $312,602,099
Spain $75,761,139
Netherlands $42,850,904
China $32,164,574
Brazil $23,092,096
Belgium $20,777,271
France $16,575,858
Italy $12,420,412
United States $11,181,215
Japan $10,050,181

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(16) Prepared Meats $26,086,720
(03) Seafood $23,068,002
(62) Apparel: Non Knit $3,643,791
(64) Footwear $3,434,708
(61) Apparel: Knit $2,633,231
(22) Beverages $585,461
(23) Animal Feeds $392,135
(19) Cereal, Flour & Starch $243,239
(95) Toys & Sport Equipment $140,932
(30) Pharmaceuticals $62,591

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $59,766,149
(84) Industrial Machinery $55,027,856
(85) Electrical Machinery $53,139,728
(87) Motor Vehicles & Parts $36,769,974
(04) Dairy Products $31,020,986
(10) Cereals $26,893,776
(39) Plastics $26,414,576
(73) Iron & Steel Articles $23,277,032
(22) Beverages $22,998,436
(94) Furniture $22,804,716

Sources:

  1. UN Comtrade (2016) except where stated otherwise.
  2. The World Bank. Accessed: 6/29/2018
Cabo Verde