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Cape Verde Trade Summary

2019

Cape Verde exports, imports, tariff by year.
Cape Verde monthly trade data

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CAPE VERDE 2019

Overall Exports and Imports for Cape Verde 2019

Exports and imports of Cape Verde in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 345 million.
  • The total value of imports (CIF) was 1,391 million.
  • At the HS6 digit level, 1,398 products were exported to 64 countries and 3,225 products were imported from 116 countries.

Cape Verde top 5 Export and Import partners 2019

Top five countries to which Cape Verde exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Cape Verde exports to Unspecified worth US$ 120 million, with a partner share of 34.70 percent.
  2. Cape Verde exports to Spain worth US$ 74 million, with a partner share of 21.61 percent.
  3. Cape Verde exports to Portugal worth US$ 51 million, with a partner share of 14.70 percent.
  4. Cape Verde exports to Netherlands worth US$ 39 million, with a partner share of 11.32 percent.
  5. Cape Verde exports to Belgium worth US$ 13 million, with a partner share of 3.68 percent.

Top five countries from which Cape Verde imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Cape Verde imports from Netherlands worth US$ 474 million, with a partner share of 34.07 percent.
  2. Cape Verde imports from Portugal worth US$ 374 million, with a partner share of 26.92 percent.
  3. Cape Verde imports from Spain worth US$ 125 million, with a partner share of 8.96 percent.
  4. Cape Verde imports from China worth US$ 58 million, with a partner share of 4.19 percent.
  5. Cape Verde imports from Germany worth US$ 40 million, with a partner share of 2.88 percent.

Cape Verde Top 5 Productsexports imports at HS 6 digit level 2019

The top five exported HS 6 digit level products to world by Cape Verde along with trade value are:

  1. Cape Verde exported Petroleum oils, etc, (excl. crude); preparation , worth 160,273.73 (US$ Thousands).
  2. Cape Verde exported Cargo containers designed to be carried by one , worth 51,777.88 (US$ Thousands).
  3. Cape Verde exported Prepared or preserved mackerel (excl. minced) , worth 13,901.66 (US$ Thousands).
  4. Cape Verde exported Frozen tunas, nes , worth 13,245.58 (US$ Thousands).
  5. Cape Verde exported Prepared or preserved fish (excl. minced), nes , worth 12,451.16 (US$ Thousands).

The top five imported HS 6 digit level products from world by Cape Verde along with trade value are

  1. Cape Verde imported Petroleum oils, etc, (excl. crude); preparation , worth 576,490.31 (US$ Thousands).
  2. Cape Verde imported Cargo containers designed to be carried by one , worth 44,214.68 (US$ Thousands).
  3. Cape Verde imported Portland cement (excl. white) , worth 31,811.72 (US$ Thousands).
  4. Cape Verde imported Semi-milled or wholly milled rice , worth 25,635.53 (US$ Thousands).
  5. Cape Verde imported Frozen cuts and offal of chicken (excl. livers) , worth 13,828.17 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Cape Verde in 2019 are below

  • The maximum rate of tariff in percentage on any product was 50 percent.
  • The simple average tariff across all products was 14.51 percent.
  • The trade weighted average tariff was 11.55 .
  • The total duty free imports in thousands of US dollars were 194,898.34 and duty free tariff line items share was 30.11 percent.

Development Indicators 2019

Key Development Indicators of Cape Verde in 2019 are below

  • Cape Verde GDP in current US dollar was 2,267 million.
  • GNI per capita, Atlas method (current US$) was 3,960.00 .
  • Cape Verde Trade balance: as % of GDP was -9.75.
  • Trade balance in current US$ was -221.00 million.
  • Trade as percentage of GDP was 103.25 .
  • Trade in services as percentage of GDP was 48.31 .

Trade Indicators 2019

Trade Indicators for Cape Verde in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.47.
  • Index of export market penetration was 1.29.
  • World Growth in percentage was -1.34 and Cape Verde Country Growth was -6.56 .