Cabo Verde (CPV)
Annual exports and imports in 2024 (USD).
Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.
Cabo Verde - trade dependency by partner, 2024 (USD)
| Rank | Partner | Export dependency | Import dependency | Total dependency |
|---|---|---|---|---|
| 1 | Portugal (PRT) | 12.0% $8.17M | 47.5% $435.04M | 45.0% $443.21M |
| 2 | Spain (ESP) | 69.6% $47.49M | 10.2% $93.51M | 14.3% $141.00M |
| 3 | Netherlands (NLD) | 0.0% $0 | 5.4% $49.15M | 5.0% $49.15M |
| 4 | China (CHN) | 0.0% $0 | 5.2% $47.68M | 4.8% $47.68M |
| 5 | Brazil (BRA) | 0.0% $0 | 4.7% $42.78M | 4.3% $42.78M |
| 6 | Italy (ITA) | 16.0% $10.93M | 2.7% $24.50M | 3.6% $35.43M |
| 7 | Morocco (MAR) | 0.0% $0 | 2.2% $20.19M | 2.1% $20.19M |
| 8 | Togo (TGO) | 0.0% $0 | 2.0% $17.96M | 1.8% $17.96M |
| 9 | USA (USA) | 2.1% $1.42M | 1.7% $15.18M | 1.7% $16.59M |
| 10 | France (FRA) | 0.0% $0 | 1.8% $16.14M | 1.6% $16.14M |
- Cabo Verde's total trade in 2024 reached $983.9M, with a global trade rank of 127.
- Exports in 2024 totaled $68.2M, while imports were valued at $915.7M.
- The country experienced a trade deficit of -$847.4M in 2024.
- The top export destination was Spain, accounting for 69.6% of total exports with a value of $47.5M.
- The primary import partner was Portugal, which supplied 47.5% of all imports, valued at $435.0M.
- The leading export category was Meat, fish, crustaceans, molluscs or other aquatic invertebrates, or insects; preparations thereof (HS2 16), representing 84.4% of exports at $57.6M.
Exports Profile
In 2024, Cabo Verde's exports were valued at $68.2M. The dominant export product category was Meat, fish, crustaceans, molluscs or other aquatic invertebrates, or insects; preparations thereof (HS2 16), which accounted for $57.6M, or 84.4% of the country's total exports. The main destination for goods from Cabo Verde was Spain, receiving shipments valued at $47.5M. Other significant export partners included Italy and the United States.
Imports Profile
Cabo Verde's imports in 2024 amounted to $915.7M. The most significant import category was Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS2 27), with a total value of $132.7M, making up 14.5% of all imports. The leading source of imports was Portugal, which provided goods worth $435.0M, equivalent to a 47.5% share. Other major sources for imports were Spain and the Netherlands.
Exports
Cabo Verde - exports over time (Exports), 2015-2024 (USD)
Top export categories
Largest HS2 categories by export value in the selected year.
Cabo Verde - export composition by product categories (Exports), 2024 (USD)
Cabo Verde - export composition by 4-digit product groups (Exports), 2024 (USD)
Imports
Cabo Verde - imports over time (Imports), 2015-2024 (USD)
Top import categories
Largest HS2 categories by import value in the selected year.