Country import demand

Cabo Verde
import demand

A reported view of Cabo Verde's import scale, sector demand, supplier breadth, economy, and trade history.

CPV1995-2024 coverage270 active partner marketsMacro trend resilient
Latest imports$1.1B2024 reported
Import growth-38.8%Year on year
Population524.9KReported population
GDP per capita$5.2KCurrent-dollar GDP
Trade openness51.5%Exports + imports / GDP

The country import read

What does Cabo Verde import?

In 2024, Cabo Verde recorded $1.1B in reported imports. Imports changed -38.8% year on year and -8% annualized over three years. Prepared meat and fish was the largest displayed import sector.

Import history

A long view of demand

Latest twelve years from the reported country series.

Reported imports by year

2013
$756.9M
2014
$782.6M
2015
$580.4M
2016
$779.7M
2017
$778.9M
2018
$821.5M
2019
$1.3B
2020
$1.1B
2021
$1.4B
2022
$1.9B
2023
$1.7B
2024
$1.1B

Demand drivers

The economy behind import demand

Macro and structural indicators add context to reported imports.

GDP$2.7B2024 macro context
GDP growth3.9%Five-year CAGR
Population growth0.4%Five-year CAGR
Investment rate41.6%National rate
Savings rate15.1%National rate
Trade openness51.5%Exports + imports / GDP

Import portfolio

The sectors shaping demand

All returned HS2 sectors ranked by latest import value.

Import demand by HS2All returned · 2024
Leading import sectors for Cabo Verde
RankSectorImportsShareImport partnersActive HS6
1Prepared meat and fishHS2 16$29.0M2.8%1931
2Knitted clothingHS2 61$6.1M0.6%30105
3FootwearHS2 64$4.7M0.4%2624
4Iron and steelHS2 72$19.6M1.9%1695
5MachineryHS2 84$73.3M7%61422
6Toys and sports equipmentHS2 95$3.3M0.3%3328
7Non-knitted clothingHS2 62$4.2M0.4%26111
8Electrical machineryHS2 85$48.5M4.6%59256
9Fish and crustaceansHS2 03$12.2M1.2%15124
10CopperHS2 74$972.4K0.1%1633

Import values are reported observations. Full rows remain in the downloads.

Supply diversification

Where import exposure is spread

Partner breadth, concentration, access, and distance add supplier context.

Supplier markets270Reported partner count
Partner concentration3,666.5Partner HHI
Top 3 partner share83%Reported concentration
FTA partner markets0Reported count
Average distance7,670 kmCalculated average
Macro resilienceMacro trend resilientCountry context
Complete country valuesOpen the full import evidenceFull profile, history, and HS2 sector fields remain available here and in the downloads.

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 Usd2,725.4 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 Usd533,678,518.3 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 Pp0.1
Avg Distance All Partners Km7,570 km
Num Border Partners0
Num Colonial Partners25
Avg Substitution Elasticity-7.1
Pct Products High Elasticity57.8
Pct Products Low Elasticity5.7
Real Market Potential47,884.8
Foreign Market Potential10,316.5

Supplier context

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 Usd2,725.4 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 import history

YearImportsExportsBalanceImports YoY
1995$235.7M$10.4M-$225.3M+0%
1996$299.7M$13.0M-$286.6M+27.2%
1997$231.2M$33.2M-$198.0M-22.9%
1998$218.9M$31.1M-$187.8M-5.3%
1999$269.6M$24.7M-$244.9M+23.1%
2000$249.5M$21.6M-$227.8M-7.5%
2001$261.9M$14.3M-$247.5M+5%
2002$305.8M$21.6M-$284.2M+16.8%
2003$355.0M$19.7M-$335.3M+16.1%
2004$410.5M$22.5M-$388.0M+15.6%
2005$420.2M$39.5M-$380.7M+2.4%
2006$542.1M$60.7M-$481.5M+29%
2007$692.3M$58.4M-$634.0M+27.7%
2008$842.3M$35.5M-$806.8M+21.7%
2009$665.3M$79.1M-$586.1M-21%
2010$761.5M$93.2M-$668.3M+14.5%
2011$986.4M$107.1M-$879.3M+29.5%
2012$713.6M$94.2M-$619.4M-27.7%
2013$756.9M$84.6M-$672.3M+6.1%
2014$782.6M$89.5M-$693.1M+3.4%
2015$580.4M$73.0M-$507.3M-25.8%
2016$779.7M$83.5M-$696.2M+34.3%
2017$778.9M$88.1M-$690.8M-0.1%
2018$821.5M$105.9M-$715.5M+5.5%
2019$1.3B$123.8M-$1.1B+52.9%
2020$1.1B$80.3M-$1.0B-10.8%
2021$1.4B$137.6M-$1.2B+20.8%
2022$1.9B$138.6M-$1.7B+39.3%
2023$1.7B$124.2M-$1.6B-8.6%
2024$1.1B$79.7M-$973.8M-38.8%

Import sectors

RankHS2SectorImportsShareImport partnersActive HS6
116Prepared meat and fish$29.0M2.8%1931
261Knitted clothing$6.1M0.6%30105
364Footwear$4.7M0.4%2624
472Iron and steel$19.6M1.9%1695
584Machinery$73.3M7%61422
695Toys and sports equipment$3.3M0.3%3328
762Non-knitted clothing$4.2M0.4%26111
885Electrical machinery$48.5M4.6%59256
903Fish and crustaceans$12.2M1.2%15124
1074Copper$972.4K0.1%1633

Questions about this profile

Cabo Verde import demand, in context

Short answers for import and supplier research.

What does the Cabo Verde import profile measure?

It combines reported imports, annual history, HS2 sectors, supplier breadth, economy context, and calculated indicators for Cabo Verde.

What is the latest reported import value for Cabo Verde?

Cabo Verde recorded $1.1B in reported imports in 2024.

Which sectors lead Cabo Verde's imports?

Prepared meat and fish leads by reported import value at $29.0M.

How many years of Cabo Verde import history are available?

This profile contains 30 annual rows covering 1995 through 2024.

What drives import demand?

GDP, population, investment, savings, and trade openness provide demand context.

Are the growth and concentration values forecasts?

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

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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 2026-08-29). 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.