Country export capability

Cabo Verde
export capability

A reported view of Cabo Verde's export scale, destination network, sector breadth, trade history, and market-access context. Use the indicators together; no single measure describes export readiness on its own.

CPV1995-2024 coverage270 active partner marketsMacro trend resilient
Latest exports$79.7M2024 reported value
Latest imports$1.1B2024 reported value
Trade balance-$973.8MExports minus imports
Export growth-35.8%Latest year-on-year change
Active partners270Latest reported markets

Country export profile overview

Cabo Verde export data in one research view

This profile brings together export performance, trade balance, destination markets, HS2 sectors, partner breadth, history, and market-access context for country export research.

Export scale and balance

Start with the latest reported trade position

In 2024, Cabo Verde recorded $79.7M in exports and $1.1B in imports. The resulting -$973.8M trade balance gives the latest country-level position a clear context.

Exports changed -35.8% year on year and show a calculated -16.6% three-year CAGR. CAGR is an annualized comparison of reported values, not a forecast.

Markets and sectors

See where export value is concentrated

Spain received $45.6M in reported exports, representing 57.3% of the latest country total. Prepared meat and fish was the largest displayed HS2 export sector at $55.2M and 69.3% of exports.

The visible page highlights five leading destinations and five leading HS2 sectors, while the complete structured files retain every row supplied for this sample.

History and coverage

Read today's number against the long series

The country series covers 1995 through 2024, with 30 observed annual rows. That longer view helps separate a single-year movement from the broader export trend.

Partner counts, tariff context, concentration, exposure shares, and momentum are supporting indicators calculated from available trade observations. Missing values remain unavailable rather than estimated.

Economy and structure

The context around Cabo Verde's export base

Macroeconomic and structural indicators add context to merchandise trade scale. They describe the country environment; they do not predict company performance or future exports.

GDP$2.7B2024 macro context
GDP per capita$5.2KCurrent-dollar GDP
Population524.9KReported population
Labor force258.3Reported labor force
Investment rate41.6%National investment rate
Savings rate15.1%National savings rate
Trade openness51.5%Exports + imports / GDP
Exports / GDP3.6%Merchandise exports / GDP
Secondary education39%Education context
Tertiary education3.3%Education context

Market signals

Where to look more closely next

Route-level risk and emerging-corridor signals for further research. These are calculated indicators, not forecasts.

Destination risk contextAll covered routes
Destination risk context for Cabo Verde
DestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
SpainESPWatch37.7%11.5%1%Buyer-market concentration is the largest observed corridor exposure
USA, Puerto Rico and US Virgin IslandsUSAHigh attention66.9%44.4%2%Volatile products account for the largest observed corridor exposure
ItalyITAStable0%0%1%Current trade remains materially below historical peaks
PortugalPRTStable0%40.7%1%Current trade remains materially below historical peaks
United KingdomGBRStable0%0%Not reportedCurrent trade remains materially below historical peaks
GermanyDEUStable0%0%0.9%Current trade remains materially below historical peaks
EgyptEGYStable0%0%33.7%Buyer-market concentration is the largest observed corridor exposure
SlovakiaSVKStable0%0%2.7%Current trade remains materially below historical peaks
NetherlandsNLDStable0%61.5%1%Current trade remains materially below historical peaks
LebanonLBNStable0%0%9.1%Current trade remains materially below historical peaks

Full route coverage is retained. High attention means the route deserves closer product and access review.

Market opportunity signals

Product-market combinations worth investigating

All returned rows use buyer demand, exporter position, and calculated addressable-value fields. They are research signals, not forecasts.

Addressable-value signalsAll returned rows
Market opportunity signals for Cabo Verde
RankMarket and productBuyer importsAddressable 3-year valueCurrent shareDemand signal
1ChinaHS6 854231 · Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$158.0B$93.1B0%Stable +10.5%
2ChinaHS6 854232 · Electronic integrated circuits: memories$80.6B$65.7B0%Declining +20.6%
3ChinaHS6 854239 · Electronic integrated circuits: n.e.c. in heading no. 8542$81.8B$61.4B0%Growing +4%
4USA, Puerto Rico and US Virgin IslandsHS6 851712 · Telephones for cellular networks or for other wireless networks$53.9B$53.8B0%Declining -8.8%
5USA, Puerto Rico and US Virgin IslandsHS6 847150 · Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$53.9B$45.6B0%Declining +60.2%
6USA, Puerto Rico and US Virgin IslandsHS6 847130 · Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$42.7B$33.3B0%Accelerating +6.2%
7USA, Puerto Rico and US Virgin IslandsHS6 870323 · Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc$91.2B$28.7B0%Slowing -3.2%
8USA, Puerto Rico and US Virgin IslandsHS6 870431 · Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), nes in item no 8704.1$27.7B$27.8B0%Accelerating +2.4%

Addressable value is a calculated field. Validate product, buyer, tariff, and route conditions before commercial decisions.

Detailed export portfolioHS4 lines beneath the leading sectorsOpen the detailed four-digit export table for Cabo Verde.
All HS4 export lines2024 ranking
Top HS4 export lines for Cabo Verde
RankHS4Parent HS2 sectorExportsShareActive HS6
11604HS4 detail codePrepared meat and fish (16) ↗$55.2M69.2%9
26406HS4 detail codeFootwear (64) ↗$2.6M3.3%3
37204HS4 detail codeIron and steel (72) ↗$2.5M3.1%2
46107HS4 detail codeKnitted clothing (61) ↗$1.8M2.3%8
56109HS4 detail codeKnitted clothing (61) ↗$1.8M2.2%2
69507HS4 detail codeToys and sports equipment (95) ↗$1.7M2.1%4
76203HS4 detail codeNon-knitted clothing (62) ↗$1.2M1.5%14
87404HS4 detail codeCopper (74) ↗$1.2M1.5%1
92301HS4 detail codeFood industry residues (23) ↗$754.9K0.9%2
108470HS4 detail codeMachinery (84) ↗$661.5K0.8%6
117602HS4 detail codeAluminium (76) ↗$653.9K0.8%1
122516HS4 detail codeSalt, sulphur, earths and stone (25) ↗$619.9K0.8%3

HS4 values are reported observations. The hierarchy is preserved; no missing descriptions are inferred.

The country export read

Cabo Verde combines $79.7M in exports with a broad partner network.

In 2024, Cabo Verde recorded $79.7M in reported exports and $1.1B in imports, producing a reported trade deficit of $973.8M. Exports changed -35.8% year on year and -16.6% annualized over three years. Prepared meat and fish (HS2 16) was the largest displayed export sector by value.

Destination network

Where Cabo Verde exports move

All returned destination lanes ranked by latest reported export value. Share is calculated against the country total. Review sources ↗

Latest reported destination lanesAll returned · 2024
Leading export destinations for Cabo Verde
RankDestinationLatest exportsShareYear-on-year3-year CAGR
1SpainESP$45.6M57.3%-17.4%-15.2%
2ItalyITA$10.8M13.6%+2.8%+12.9%
3PortugalPRT$9.6M12.1%-27.5%-8.1%
4IndiaIND$4.3M5.4%-12%+5.4%
5USA, Puerto Rico and US Virgin IslandsUSA$3.9M4.8%-46.2%-10.1%
6United KingdomGBR$931.9K1.2%+146.1%+23.2%
7GambiaGMB$628.4K0.8%+7,386%+542.8%
8CanadaCAN$411.1K0.5%+64.2%-2.7%
9SingaporeSGP$387.6K0.5%-73.3%+114.3%
10MozambiqueMOZ$359.5K0.5%+917.5%+54.9%

Destination values are reported country-to-country observations. Full returned rows remain in the downloads.

Trade history

A long view of export scale

Latest twelve years from the 30-year reported country series. Context, not a forecast.

Reported exports by year

2013
$84.6M
2014
$89.5M
2015
$73.0M
2016
$83.5M
2017
$88.1M
2018
$105.9M
2019
$123.8M
2020
$80.3M
2021
$137.6M
2022
$138.6M
2023
$124.2M
2024
$79.7M

Partner network

Scale is only one part of export capability

Partner breadth, distance, agreements, and tariffs add context to reported exports.

FTA partner markets0Reported count
WTO partner markets169Reported count
EU partner markets28Reported count
Shared-border partners0Country context
Shared-language partners8Country context
Average partner distance7,670 kmCalculated average
Partners with FTA0%Calculated share
Applied tariff context0.1%Calculated average
MFN tariff context0.1%Calculated average
Tariff advantage+0.1 ppPreferential vs MFN

Exposure context

Signals to examine alongside export scale

Calculated or classified route and country context. Not predictions or recommendations.

Attention share27.8%

Covered value under attention

Critical share0%

Covered value marked critical

Below historical peak13.8%

Distance below route peaks

FTA-covered exports0%

Covered value with FTA context

Weighted tariff context0%

Export-weighted tariff

Macro contextMacro trend resilient

Primary attention driver: Market access exposure.

Momentum score-30.1

History-based indicator

Partner concentration3,666.5

Partner HHI

Product concentration1,693.3

Product HHI

Country attention level: Watch. Missing fields remain unavailable.

Complete country valuesOpen the full profile evidenceFull history, sectors, HS4, destinations, risk, opportunities, and source fields.

Profile fields

Year2,024
Country Iso3CPV
Exports Usd$79.7M
Imports Usd$1.1B
Trade Balance Usd-$973.8M
Yoy Exports Growth Pct-35.8%
Yoy Imports Growth Pct-38.8%
Exports Cagr 3y Pct-16.6%
Imports Cagr 3y Pct-8%
Export Partner Hhi3,666.5
Export Product Hhi1,693.3
Momentum Score-30.1
Risk Score26.8
Gdp Million Usd2,725.41 million USD
Gdp Per Capita Usd$5.2K
Population524,877
Labor Force258.3
Investment Rate Pct41.6%
Savings Rate Pct15.1%
Secondary Education Pct39%
Tertiary Education Pct3.3%
Total Factor Productivity361.8
Trade Openness Pct51.5%
Exports Gdp Pct3.6%
Num Active Partners270
Num Fta Partners0
Num Wto Partners169
Num Eu Partners28
Num Shared Border Partners0
Num Shared Language Partners8
Avg Partner Distance Km7,670 km
Avg Partner Gdp Million Usd533,678,518.33 million USD
Avg Partner Gdp Per Capita Usd$15.8
Avg Buyer Biz Entry DaysNot reported
Avg Buyer Biz Entry Cost PctNot reported
Pct Partners With Fta0
Pct Partners Shared Language3
Pct Partners Shared Border0
Avg Applied Tariff Pct0.1%
Avg Mfn Tariff Pct0.1%
Avg Preferential Tariff Pct0%
Tariff Advantage Pp+0.1 pp
Avg Distance All Partners Km7,570
Num Border Partners0
Num Colonial Partners25
Avg Substitution Elasticity-7.1
Pct Products High Elasticity58
Pct Products Low Elasticity6
Real Market Potential47,884.8
Foreign Market Potential10,316.5

Exposure fields

Country Iso3CPV
All History Lane Count527
Current Lane Count36
Critical Lane Count0
High Attention Lane Count2
High Volatility Lane Count12
Unrecovered Drawdown Lane Count11
Declining Demand Lane Count0
Concentrated Market Lane Count14
Access Friction Lane Count0
Buyer Macro Weakness Lane Count1
Monitored Exports Current Usd$66.3M
Attention Exports Usd$18.4M
Critical Exports Usd$0.0
High Volatility Exports Usd$5.4M
Unrecovered Drawdown Exports Usd$5.5M
Non Fta Exports Usd$66.3M
Monitored Attention Share Pct27.8%
Monitored Critical Share Pct0%
Fta Covered Exports Share Pct0%
Export Weighted Volatility Cv0.7
Export Weighted Below Peak Pct13.8%
Export Weighted Distance Km3,665 km
Export Weighted Tariff Pct0%
Latest Data Year2,024
First Data Year1,995
Country Years Count30
Total Exports Latest Usd$79.7M
Total Imports Latest Usd$1.1B
Trade Balance Latest Usd-$973.8M
Exports Yoy Latest Pct-35.8%
Exports Cagr 3y Latest Pct-16.6%
Gdp Latest Million Usd2,725.41 million USD
Gdp Per Capita Latest Usd$5.2K
Population Latest524,877
Investment Rate Latest Pct41.6%
Savings Rate Latest Pct15.1%
Trade Openness Latest Pct51.5%
Exports Gdp Latest Pct3.6%
Active Partners Latest270
Fta Partners Latest0
Foreign Market Potential Latest10,316.5
Gdp 5y Cagr Pct3.9%
Gdp Per Capita 5y Cagr Pct3.5%
Population 5y Cagr Pct0.4%
Partner Hhi Latest3,666.5
Partner Top1 Share Latest Pct57.3%
Partner Top3 Share Latest Pct83%
Partner Hhi All Avg2,927.9
Partner Hhi All Max4,602.4
Product Hhi Latest1,693.3
Product Top1 Share Latest Pct31.2%
Product Top3 Share Latest Pct67%
Product Hhi All Avg926.1
Product Hhi All Max1,693.3
Total Exports Attention Share Pct23.1%
Total Exports Critical Share Pct0%
Attention LevelWatch
Primary Risk DriverMarket access exposure
Macro Resilience LabelMacro trend resilient

Annual country history

YearExportsImportsTrade balanceExports YoYExports CAGR 3Y
1995$10.4M$235.7M-$225.3MNot reportedNot reported
1996$13.0M$299.7M-$286.6M+25.9%Not reported
1997$33.2M$231.2M-$198.0M+154.1%Not reported
1998$31.1M$218.9M-$187.8M-6.1%+44.3%
1999$24.7M$269.6M-$244.9M-20.7%+23.7%
2000$21.6M$249.5M-$227.8M-12.4%-13.2%
2001$14.3M$261.9M-$247.5M-33.8%-22.8%
2002$21.6M$305.8M-$284.2M+50.7%-4.4%
2003$19.7M$355.0M-$335.3M-8.9%-3.1%
2004$22.5M$410.5M-$388.0M+14.3%+16.2%
2005$39.5M$420.2M-$380.7M+75.6%+22.3%
2006$60.7M$542.1M-$481.5M+53.6%+45.5%
2007$58.4M$692.3M-$634.0M-3.8%+37.4%
2008$35.5M$842.3M-$806.8M-39.1%-3.5%
2009$79.1M$665.3M-$586.1M+122.8%+9.3%
2010$93.2M$761.5M-$668.3M+17.8%+16.9%
2011$107.1M$986.4M-$879.3M+14.8%+44.4%
2012$94.2M$713.6M-$619.4M-12%+6%
2013$84.6M$756.9M-$672.3M-10.2%-3.2%
2014$89.5M$782.6M-$693.1M+5.8%-5.8%
2015$73.0M$580.4M-$507.3M-18.4%-8.1%
2016$83.5M$779.7M-$696.2M+14.3%-0.4%
2017$88.1M$778.9M-$690.8M+5.6%-0.5%
2018$105.9M$821.5M-$715.5M+20.2%+13.2%
2019$123.8M$1.3B-$1.1B+16.9%+14%
2020$80.3M$1.1B-$1.0B-35.2%-3.1%
2021$137.6M$1.4B-$1.2B+71.5%+9.1%
2022$138.6M$1.9B-$1.7B+0.7%+3.8%
2023$124.2M$1.7B-$1.6B-10.4%+15.7%
2024$79.7M$1.1B-$973.8M-35.8%-16.6%

Top export sectors

RankHS2SectorExportsShareExport partnersActive HS6
116Prepared meat and fish$55.2M69.3%831
261Knitted clothing$3.7M4.7%23105
364Footwear$2.7M3.4%1424
472Iron and steel$2.5M3.1%295
584Machinery$2.3M2.9%48422
695Toys and sports equipment$1.8M2.3%1928
762Non-knitted clothing$1.5M1.9%26111
885Electrical machinery$1.3M1.6%45256
903Fish and crustaceans$1.2M1.5%7124
1074Copper$1.2M1.5%633

Detailed HS4 export lines

RankHS4Parent HS2ExportsShareActive HS6
11604Prepared meat and fish (16)$55.2M69.2%9
26406Footwear (64)$2.6M3.3%3
37204Iron and steel (72)$2.5M3.1%2
46107Knitted clothing (61)$1.8M2.3%8
56109Knitted clothing (61)$1.8M2.2%2
69507Toys and sports equipment (95)$1.7M2.1%4
76203Non-knitted clothing (62)$1.2M1.5%14
87404Copper (74)$1.2M1.5%1
92301Food industry residues (23)$754.9K0.9%2
108470Machinery (84)$661.5K0.8%6
117602Aluminium (76)$653.9K0.8%1
122516Salt, sulphur, earths and stone (25)$619.9K0.8%3

Top export destinations

RankDestinationISO3ExportsShareYoYCAGR 3Y
1SpainESP$45.6M57.3%-17.4%-15.2%
2ItalyITA$10.8M13.6%+2.8%+12.9%
3PortugalPRT$9.6M12.1%-27.5%-8.1%
4IndiaIND$4.3M5.4%-12%+5.4%
5USA, Puerto Rico and US Virgin IslandsUSA$3.9M4.8%-46.2%-10.1%
6United KingdomGBR$931.9K1.2%+146.1%+23.2%
7GambiaGMB$628.4K0.8%+7,386%+542.8%
8CanadaCAN$411.1K0.5%+64.2%-2.7%
9SingaporeSGP$387.6K0.5%-73.3%+114.3%
10MozambiqueMOZ$359.5K0.5%+917.5%+54.9%

Destination risk context

RankDestinationAttentionAttention shareBelow peakApplied tariffPrimary reason
1Spain (ESP)Watch37.7%11.5%1%Buyer-market concentration is the largest observed corridor exposure
2USA, Puerto Rico and US Virgin Islands (USA)High attention66.9%44.4%2%Volatile products account for the largest observed corridor exposure
3Italy (ITA)Stable0%0%1%Current trade remains materially below historical peaks
4Portugal (PRT)Stable0%40.7%1%Current trade remains materially below historical peaks
5United Kingdom (GBR)Stable0%0%Not reportedCurrent trade remains materially below historical peaks
6Germany (DEU)Stable0%0%0.9%Current trade remains materially below historical peaks
7Egypt (EGY)Stable0%0%33.7%Buyer-market concentration is the largest observed corridor exposure
8Slovakia (SVK)Stable0%0%2.7%Current trade remains materially below historical peaks
9Netherlands (NLD)Stable0%61.5%1%Current trade remains materially below historical peaks
10Lebanon (LBN)Stable0%0%9.1%Current trade remains materially below historical peaks

Emerging corridor signals

RankDestinationHS6SignalMarket importsCurrent shareStrength
1Mozambique (MOZ)761410new$3.1M10.3%100
2USA, Puerto Rico and US Virgin Islands (USA)843229new$139.6M0.1%100
3Gambia (GMB)251690new$1.7M36.9%100
4United Kingdom (GBR)847050new$247.8M0.3%100
5Egypt (EGY)841510new$47.4M0.2%99.9
6Singapore (SGP)902750new$338.0M0%99.4
7Peru (PER)200599new$588.3K14.7%98.7
8Denmark (DNK)230990new$320.1M0%97.7
9Nigeria (NGA)902710new$9.4M0.7%96.8
10Brazil (BRA)846729new$216.1M0%96.2

Market opportunity signals

RankMarketHS6Buyer importsAddressable 3-year valueCurrent shareSignal
1China (CHN)854231$158.0B$93.1B0%Stable (+10.5%)
2China (CHN)854232$80.6B$65.7B0%Declining (+20.6%)
3China (CHN)854239$81.8B$61.4B0%Growing (+4%)
4USA, Puerto Rico and US Virgin Islands (USA)851712$53.9B$53.8B0%Declining (-8.8%)
5USA, Puerto Rico and US Virgin Islands (USA)847150$53.9B$45.6B0%Declining (+60.2%)
6USA, Puerto Rico and US Virgin Islands (USA)847130$42.7B$33.3B0%Accelerating (+6.2%)
7USA, Puerto Rico and US Virgin Islands (USA)870323$91.2B$28.7B0%Slowing (-3.2%)
8USA, Puerto Rico and US Virgin Islands (USA)870431$27.7B$27.8B0%Accelerating (+2.4%)

How to read this page

Separate reported scale from calculated context.

Reported exports, imports, trade balance, sector rows, destination rows, and annual history describe merchandise trade observations for the stated country and year.

CAGR, shares, concentration measures, tariff context, exposure shares, and momentum are calculated indicators built from the available observations. They help organize research but are not additional reported trade or forecasts.

Coverage runs from 1995 through 2024 for this profile. Missing values are shown as Not reported. Read the full methodology ↗

Reported observations

OECD BIMTS merchandise trade values are the primary series for this view.

Calculated indicators

Growth, share, HHI, tariff, and exposure fields are derived from available reported values.

Coverage limits

Unavailable values remain unavailable. No company sales, shipment records, or forecasts are implied.

Questions about this profile

Cabo Verde export capability, in context

Short answers for readers comparing country export scale, partner breadth, and calculated trade indicators.

What does the Cabo Verde export profile measure?

It combines reported exports, imports, history, destinations, HS2 sectors, partner context, and calculated indicators for Cabo Verde.

What is the latest reported export value for Cabo Verde?

Cabo Verde recorded $79.7M in reported exports in 2024.

Which markets receive the most exports from Cabo Verde?

Spain leads by reported export value at $45.6M in 2024. Five destination lanes are highlighted.

Which sectors lead Cabo Verde's exports?

Prepared meat and fish leads by reported value at $55.2M. Five HS2 chapters are highlighted.

How many years of Cabo Verde trade history are available?

This sample contains 30 observed annual rows covering 1995 through 2024. Missing observations are not estimated.

Are the growth and exposure values forecasts?

No. They are calculated or classified from reported observations, not forecasts or market-access guarantees.

Continue your research

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Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.