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Cape Verde Trade Summary

2018

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 2018

Overall Exports and Imports for Cape Verde 2018

Exports and imports of Cape Verde in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 75 million.
  • The total value of imports (CIF) was 815 million.
  • At the HS6 digit level, 58 products were exported to 20 countries and 3,233 products were imported from 94 countries.

Cape Verde top 5 Export and Import partners 2018

Top five countries to which Cape Verde exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Cape Verde exports to Spain worth US$ 49 million, with a partner share of 65.02 percent.
  2. Cape Verde exports to Portugal worth US$ 11 million, with a partner share of 15.19 percent.
  3. Cape Verde exports to Italy worth US$ 10 million, with a partner share of 13.29 percent.
  4. Cape Verde exports to United States worth US$ 2 million, with a partner share of 2.48 percent.
  5. Cape Verde exports to Curaçao worth US$ 1 million, with a partner share of 1.55 percent.

Top five countries from which Cape Verde imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Cape Verde imports from Portugal worth US$ 352 million, with a partner share of 43.16 percent.
  2. Cape Verde imports from Spain worth US$ 118 million, with a partner share of 14.51 percent.
  3. Cape Verde imports from Belgium worth US$ 60 million, with a partner share of 7.42 percent.
  4. Cape Verde imports from Netherlands worth US$ 49 million, with a partner share of 6.03 percent.
  5. Cape Verde imports from China worth US$ 47 million, with a partner share of 5.80 percent.

Cape Verde Top 5 Productsexports imports at HS 6 digit level 2018

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

  1. Cape Verde exported Prepared or preserved mackerel (excl. minced) , worth US$ 18,903.48 million.
  2. Cape Verde exported Prepared or preserved tuna, skipjack and bonito , worth US$ 13,927.40 million.
  3. Cape Verde exported Prepared or preserved fish (excl. minced), nes , worth US$ 12,959.48 million.
  4. Cape Verde exported Frozen tunas, nes , worth US$ 12,812.92 million.
  5. Cape Verde exported Uppers and parts thereof (excl. stiffeners) , worth US$ 4,120.43 million.

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 US$ 88,733.06 million.
  2. Cape Verde imported Portland cement (excl. white) , worth US$ 20,725.88 million.
  3. Cape Verde imported Semi-milled or wholly milled rice , worth US$ 16,157.07 million.
  4. Cape Verde imported Frozen cuts and offal of chicken (excl. livers) , worth US$ 13,227.47 million.
  5. Cape Verde imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 11,914.42 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Cape Verde in 2018 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2018

Key Development Indicators of Cape Verde in 2018 are below

  • Cape Verde GDP in current US dollar was 1,977 million.
  • GNI per capita, Atlas method (current US$) was 3,420.00 .
  • Cape Verde Trade balance: as % of GDP was -19.43.
  • Trade balance in current US$ was -384.00 million.
  • Trade as percentage of GDP was 116.99 .
  • Trade in services as percentage of GDP was 55.06 .

Trade Indicators 2018

Trade Indicators for Cape Verde in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.43.
  • Index of export market penetration was 1.29.
  • World Growth in percentage was 3.50 and Cape Verde Country Growth was 8.91 .