2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Cape Verde-Burkina Faso Trade: In 2022, Cape Verde exported $5.94k to Burkina Faso. The main products that Cape Verde exported to Burkina Faso were Glues ($5.94k). Over the past 6 years the exports of Cape Verde to Burkina Faso have decreased at an annualized rate of 7.68%, from $9.59k in 2016 to $5.94k in 2022.

In 2022, Cape Verde did not export any services to Burkina Faso.

Burkina Faso-Cape Verde In N/A, Burkina Faso did not export any products to Cape Verde.

In 2022, Burkina Faso did not export any services to Cape Verde.

Comparison In 2022,  Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index. That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $5.94k to Burkina Faso. The main products exported from Cape Verde to Burkina Faso were Glues ($5.94k). During the last 6 years the exports of Cape Verde to Burkina Faso have decreased at an annualized rate of 7.68%, from $9.59k in 2016 to $5.94k in 2022.

Burkina Faso does not register exports to Cape Verde. The main products exported from Burkina Faso to Cape Verde were Gas and Liquid Flow Measuring Instruments ($7.2k).

Exports from Cape Verde (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Cape Verde (Flag) (2022)

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Burkina Faso
Top Destination
Switzerland$6.08B

This map shows whether countries import more from Cape Verde or Burkina Faso. Each country is colored based on the difference in imports they receive from Cape Verde and Burkina Faso or the difference in the growth in imports.

In 2022, countries that imported more from Cape Verde than Burkina Faso included Spain ($51.3M), Portugal ($10.9M), and Kenya ($694k).

In 2022, countries that imported more from Burkina Faso than Cape Verde included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Burkina Faso

Flow
Scale

This chart compares trade between Cape Verde and Burkina Faso by product, considering products traded by both, Cape Verde and Burkina Faso.

During 2022, Cape Verde had a large net trade with Burkina Faso in the exports of Chemical Products ($5.94k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cape Verde and Burkina Faso. This means that a dot/product with the flag of Cape Verde indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Cape Verde.

Product Space of Cape Verde (Flag) and Burkina Faso (Flag) (2022)

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