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2022
Flag → Flag
Exports $5.46kRnk 53 / 90
2022
Flag → Flag
Top Product $5.32kNon-Knit Men's Suits
2022
Flag → Flag
Exports $9.33MRnk 173 / 219
2022
Flag → Flag
Top Product $2.05MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI 0.6Rnk 41 / 133
2022
Flag  
GDP$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC $3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH8.91%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 186

About

Cape Verde-Turkey Trade: In 2022, Cape Verde exported $5.46k to Turkey. The main products that Cape Verde exported to Turkey were Non-Knit Men's Suits ($5.32k), Integrated Circuits ($117), and Clays ($17). Over the past 5 years the exports of Cape Verde to Turkey have decreased at an annualized rate of 64.7%, from $1M in 2017 to $5.46k in 2022.

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

Turkey-Cape Verde Trade: In 2022, Turkey exported $9.33M to Cape Verde. The main products that Turkey exported to Cape Verde were Raw Iron Bars ($2.05M), Toilet Paper ($1.39M), and Pasta ($720k). Over the past 5 years the exports of Turkey to Cape Verde have increased at an annualized rate of 15.2%,  from $4.59M in 2017 to $9.33M in 2022.

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $5.46k to Turkey. The main products exported from Cape Verde to Turkey were Non-Knit Men's Suits ($5.32k), Integrated Circuits ($117), and Clays ($17). During the last 5 years the exports of Cape Verde to Turkey have decreased at an annualized rate of 64.7%, from $1M in 2017 to $5.46k in 2022.

In 2017, Turkey exported $9.33M to Cape Verde. The main products exported from Turkey to Cape Verde were Raw Iron Bars ($2.05M), Toilet Paper ($1.39M), and Pasta ($720k). During the last 5 years the exports of Turkey to Cape Verde have increased at an annualized rate of 15.2%, from $4.59M in 2022 to $9.33M in 2017.

Exports from Cape Verde (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Cape Verde (Flag) (2022)

Latest Data

Trade between Cape Verde (Flag) and Turkey (Flag)

Cape Verde Exports

Date

Turkey Exports

Market Competitiveness

Color
Cape Verde
Top DestinationSpain$51.3M
Turkey
Top DestinationGermany$21.9B

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

In 2022, no countries were registered that imported more from Cape Verde than from Turkey.

In 2022, countries that imported more from Turkey than Cape Verde included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

Difference in imports from Turkey (Flag) and Cape Verde (Flag) (2022)

Comparative Advantage Cape Verde - Turkey

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Turkey in the exports of Textiles ($5.32k), Machines ($117), and Mineral Products ($17).

During 2017, Turkey had a large net trade with Cape Verde in the exports of Metals ($2.76M), Foodstuffs ($1.87M), and Machines ($1.72M).

Economic Complexity

Competitive Landscape

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

Product Space of Cape Verde (Flag) and Turkey (Flag) (2022)

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