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Cabo Verde: Trade Statistics

Exporter Rank

119 / 127

Importer Rank

120 / 127

Trade Balance Rank

57 / 127

Total Trade [1]

Total Exports (2019) $61,879,312
Total Imports (2019) $789,705,845
Trade Balance (2019) ($727,826,533)
Exports of goods and services (% of GDP) (2020) [2] 24.85%
Imports of goods and services (% of GDP) (2020) [2] 59.84%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Spain $40,889,349
Portugal $10,630,123
Italy $6,930,765
United States $1,775,421
Germany $420,131
Romania $260,418
Guinea-Bissau $205,956
Netherlands $117,627
Algeria $101,567
The Gambia $100,674

Import Partners

Top 10 Import Countries

Country Import USD$
Portugal $353,779,893
Netherlands $102,192,626
Spain $83,984,690
China $40,820,488
Belgium $26,009,430
Brazil $23,475,648
Italy $22,335,212
Germany $15,558,812
France $15,380,693
United States $12,684,013

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

Top 10 Export Goods

HS Code Export USD$
(16) Prepared Meats $37,325,193
(03) Seafood $10,019,734
(61) Apparel: Knit $3,582,361
(64) Footwear $3,290,972
(62) Apparel: Non Knit $2,962,594
(23) Animal Feeds $1,747,424
(95) Toys & Sport Equipment $1,369,376
(84) Industrial Machinery $346,739
(22) Beverages $306,226
(19) Cereal, Flour & Starch $215,890

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $95,312,981
(84) Industrial Machinery $60,106,629
(85) Electrical Machinery $46,962,621
(87) Motor Vehicles & Parts $46,613,598
(10) Cereals $35,768,538
(04) Dairy Products $33,161,153
(39) Plastics $27,901,719
(73) Iron & Steel Articles $26,746,513
(02) Meat $25,945,348
(25) Natural Minerals & Stone $23,561,294

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/21/2022
Cabo Verde