Trade route overview

Cabo Verde exports to Spain
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

CPV-ESP2024 reported exports9 product typesWatch review level
Latest reported exports$44.9M2024 route total
Highest-priority products0Need the closest review
Products needing review1High-attention product types
Exports needing review37.7%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Cabo Verde reported $44.9M in goods exports to Spain. 1 product types are marked for closer review, covering 37.7% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Cabo Verde to Spain in the latest available year.

$44.9M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

37.7% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

9 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Cabo Verde to Spain. Bar lengths are relative to the highest year shown.

Latest annual total$45.6M2024 annual history
Highest year$74.8M2021 annual history
Latest below highest39%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$2.8M
Still below the previous high
$1.1M
Buyer demand is falling
$0.0
Product mix is concentrated
$16.9M
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.8Higher means bigger yearly swings
Below highest year11.5%Compared with the route's best year
Product concentration (HHI)2,8670-10,000 scale; higher means fewer products dominate
Largest product share37.7%Share from the biggest product

Largest product

Fish preparations: mackerel, prepared or preserved, whole or in pieces (but not minced)

Product code HS6 160415 makes up 37.7% of exports from Cabo Verde to Spain. The main reason to review it is: A small number of products or suppliers carry much of the route.

See product rows
Exports of this product$16.9M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types9 shown - 2024 values
Top product types for Cabo Verde exports to Spain
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Fish preparations: mackerel, prepared or preserved, whole or in pieces (but not minced)HS6 160415 - six-digit product code$32.6M11.7%0.5High attention
2Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)HS6 160414 - six-digit product code$891.0M0%1Stable
3Fish preparations: fish prepared or preserved, whole or in pieces (but not minced), n.e.c. in heading no. 1604HS6 160419 - six-digit product code$59.5M21.6%0.7Stable
4Fish preparations: fish minced or in forms n.e.c. in heading no. 1604, prepared or preservedHS6 160420 - six-digit product code$98.5M0%1.4Watch
5Fishing tackle n.e.s., butterfly nets, decoy ""birds"" (other than those of heading no. 9208 or 9705) and similar hunting or shooting requisitesHS6 950790 - six-digit product code$27.1M0%1.1Watch
6Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebratesHS6 230120 - six-digit product code$121.1M60.4%0.4Watch
7Fish: yellowfin tunas (thunnus albacares), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)HS6 030342 - six-digit product code$165.5M97.9%0.9Watch
8Fats and oils and their fractions: of fish, (excluding liver-oils)HS6 150420 - six-digit product code$88.7M31.4%0.3Stable
9Fish fillets: frozen, of fish n.e.c. in heading 0304.8HS6 030489 - six-digit product code$68.4M0%2Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Cabo Verde. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets3,425 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff1%Average tax applied to imports
Buyer economy size$1.4T2024 gross domestic product
Buyer GDP per person$30.1KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time13 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Cabo Verde export to Spain?

Cabo Verde reported $44.9M in goods exports to Spain in 2024.

What does "exports needing review" mean?

37.7% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.