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Cabo Verde: Trade Statistics

Exporter Rank

112 / 119

Importer Rank

112 / 119

Trade Balance Rank

45 / 119

Total Trade [1]

Total Exports (2018) $75,542,179
Total Imports (2018) $812,772,760
Trade Balance (2018) ($737,230,581)
Exports of goods and services (% of GDP) (2018) [2] 48.78%
Imports of goods and services (% of GDP) (2018) [2] 68.21%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Spain $59,250,490
Portugal $12,513,044
United States $1,407,586
China $464,465
Netherlands $274,728
Germany $194,974
Romania $95,990
Algeria $38,242
Ukraine $22,034
Argentina $17,667

Import Partners

Top 10 Import Countries

Country Import USD$
Portugal $330,024,696
Spain $113,336,435
Netherlands $51,511,488
China $49,274,532
Belgium $46,012,345
France $22,508,823
Brazil $22,296,234
Italy $17,330,694
United States $16,013,675
Germany $10,877,230

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

Top 10 Export Goods

HS Code Export USD$
(16) Prepared Meats $46,014,241
(03) Seafood $13,651,846
(64) Footwear $4,119,629
(62) Apparel: Non Knit $3,360,171
(61) Apparel: Knit $3,340,014
(23) Animal Feeds $1,878,125
(95) Toys & Sport Equipment $1,594,295
(19) Cereal, Flour & Starch $728,684
(22) Beverages $599,967
(15) Fats & Oils $232,186

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $98,163,492
(84) Industrial Machinery $62,845,680
(85) Electrical Machinery $55,305,113
(87) Motor Vehicles & Parts $50,916,049
(04) Dairy Products $34,455,860
(10) Cereals $30,209,360
(39) Plastics $29,739,377
(02) Meat $25,208,243
(73) Iron & Steel Articles $24,420,284
(25) Natural Minerals & Stone $22,860,408

Sources:

  1. UN Comtrade (2018) except where stated otherwise.
  2. The World Bank. Accessed: 6/3/2020
Cabo Verde