Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Cabo Verde | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2023

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2023
TOTAL. ALL COMMODITIESCabo VerdeWorldExportsValue (US$)305,754,874.00336,084,474.0069,214,771.6780,408,529.3966,829,277.2260,361,080.0049,935,302.5375,270,566.0661,879,312.9353,090,793.3942,148,908.21281,684,067.38
Value Growth, YoY (%)38.869.91-79.4016.17-16.88-9.67-17.2750.73-17.79-14.20568.30
ImportsValue (US$)946,557,158.00754,756,852.00726,226,296.82767,546,504.13603,429,928.60672,160,140.00793,599,019.46814,604,296.77789,705,845.731,131,399,155.38832,125,356.401,758,896,767.73
Value Growth, YoY (%)29.52-20.26-3.785.68-21.3811.3818.062.64-3.0543.26111.37

The value of merchandise exports from Cabo Verde totalled $ 281 million in 2023. Merchandise exports from Cabo Verde increased by 568% compared to 2022. Goods exports grew up by $ 239 million in 2023 (the value of merchandise exports from Cabo Verde amounted to $42 million in 2022)

Cabo Verde's exports 2023 by country

Top export destinations of commodities from Cabo Verde in 2023:

  • Areas, nes with a share of 39% (110 million US$)
  • Spain with a share of 19.2% (54 million US$)
  • Portugal with a share of 14.7% (41 million US$)
  • Togo with a share of 4.12% (11.6 million US$)
  • Netherlands with a share of 3.89% (10.9 million US$)
  • Italy with a share of 3.37% (9.49 million US$)
  • France with a share of 2.6% (7.32 million US$)
  • United Arab Emirates with a share of 2.34% (6.59 million US$)
  • India with a share of 1.95% (5.51 million US$)
  • Belgium with a share of 1.56% (4.42 million US$)

Exports structure from Cabo Verde in 2023 represented by the following main commodity groups:

  • 60% (171 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 14.3% (40 million US$): 16 - Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates
  • 9.18% (25 million US$): 86 - Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signaling equipment of all kinds
  • 4.64% (13 million US$): 03 - Fish and crustaceans, molluscs and other aquatic invertebrates
  • 1.36% (3.83 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 0.852% (2.4 million US$): 76 - Aluminum and articles thereof
  • 0.833% (2.34 million US$): 64 - Footwear, gaiters and the like; parts of such articles
  • 0.826% (2.32 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 0.731% (2.05 million US$): 24 - Tobacco and manufactured tobacco substitutes
  • 0.609% (1.71 million US$): 90 - Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof

What did Cabo Verde export in 2023?

Cabo Verde's Top Exports in 2023:

  • 60% ($171 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 14.3% ($40 million): 1604 - Prepared or preserved fish; caviar and caviar substitutes prepared from fish eggs
  • 9.18% ($25 million): 8609 - Containers (including containers for the transport of fluids) specially designed and equipped for carriage by one or more modes of transport
  • 3.22% ($9.08 million): 0303 - Fish, frozen, excluding fish fillets and other fish meat of heading 03.04.
  • 1.1% ($3.12 million): 0307 - Molluscs; whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine; smoked molluscs, whether in shell or not, whether or not cooked before or during the smoking process
  • 0.828% ($2.33 million): 7602 - Aluminium waste and scrap
  • 0.824% ($2.32 million): 6406 - Parts of footwear (including uppers whether or not attached to soles other than outer soles); removable in?soles, heel cushions and similar articles; gaiters, leggings and similar articles, and parts thereof
  • 0.643% ($1.81 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes
  • 0.582% ($1.63 million): 2301 - Flours, meals and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic invertebrates, unfit for human consumption; greaves.
  • 0.499% ($1.4 million): 7204 - Ferrous waste and scrap; remelting scrap ingots of iron or steel.

The value of merchandise imports to Cabo Verde totalled $ 1.75 billion in 2023. Merchandise imports to Cabo Verde increased by 111% compared to 2022. Goods imports grew up by $ 926 million in 2023 (the value of merchandise imports to Cabo Verde was equal to $832 million in 2022)

Cabo Verde's imports 2023 by country

Top trading partners (import sources) of Cabo Verde in 2023:

  • Portugal with a share of 30% (534 million US$)
  • Saudi Arabia with a share of 11.4% (201 million US$)
  • Spain with a share of 8.32% (146 million US$)
  • Netherlands with a share of 8.25% (145 million US$)
  • France with a share of 6.25% (110 million US$)
  • China with a share of 5.5% (96 million US$)
  • United Arab Emirates with a share of 4.23% (74 million US$)
  • USA with a share of 3.95% (69 million US$)
  • India with a share of 3.02% (53 million US$)
  • Brazil with a share of 2.58% (45 million US$)

Imports structure to Cabo Verde in 2023 represented by the following main commodity groups:

  • 46% (821 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 3.46% (60 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 3.37% (59 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 2.85% (50 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.75% (48 million US$): 10 - Cereals
  • 2.61% (46 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 2.37% (41 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 2.06% (36 million US$): 86 - Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signaling equipment of all kinds
  • 2% (35 million US$): 25 - Salt; sulfur; earths and stone; plastering materials, lime and cement
  • 1.83% (32 million US$): 39 - Plastics and articles thereof

What did Cabo Verde import in 2023?

Cabo Verde's Top Imports in 2023:

  • 46% ($810 million): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 2.8% ($49 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 2.06% ($36 million): 8609 - Containers (including containers for the transport of fluids) specially designed and equipped for carriage by one or more modes of transport
  • 2% ($35 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 1.93% ($34 million): 2523 - Portland cement, aluminous cement, slag cement, supersulphate cement and similar hydraulic cements, whether or not coloured or in the form of clinkers
  • 1.52% ($26 million): 1006 - Rice
  • 1.04% ($18.4 million): 0207 - Meat and edible offal, of the poultry of heading 01.05, fresh, chilled or frozen.
  • 0.994% ($17.4 million): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
  • 0.979% ($17.2 million): 0402 - Milk and cream, concentrated or containing added sugar or other sweetening matter.
  • 0.85% ($14.9 million): 2106 - Food preparations not elsewhere specified or included

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Cabo Verde | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2023