Senegal (SEN) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Senegal-Cape Verde Trade: In 2022, Senegal exported $16.2M to Cape Verde. The main products that Senegal exported to Cape Verde were Refined Petroleum ($9.02M), Rolled Tobacco ($1.38M), and Non-fillet Frozen Fish ($566k). Over the past 5 years the exports of Senegal to Cape Verde have increased at an annualized rate of 10.2%, from $9.97M in 2017 to $16.2M in 2022.

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

Cape Verde-Senegal Trade: In 2022, Cape Verde exported $3.8M to Senegal. The main products that Cape Verde exported to Senegal were Petroleum Gas ($3.41M), Packaged Medicaments ($348k), and Cars ($12.5k). Over the past 5 years the exports of Cape Verde to Senegal have increased at an annualized rate of 240%, from $8.43k in 2017 to $3.8M in 2022.

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

Comparison In 2022, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). That same year, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Senegal exported $16.2M to Cape Verde. The main products exported from Senegal to Cape Verde were Refined Petroleum ($9.02M), Rolled Tobacco ($1.38M), and Non-fillet Frozen Fish ($566k). During the last 5 years the exports of Senegal to Cape Verde have increased at an annualized rate of 10.2%, from $9.97M in 2017 to $16.2M in 2022.

In 2017, Cape Verde exported $3.8M to Senegal. The main products exported from Cape Verde to Senegal were Petroleum Gas ($3.41M), Packaged Medicaments ($348k), and Cars ($12.5k). During the last 5 years the exports of Cape Verde to Senegal have increased at an annualized rate of 240%, from $8.43k in 2022 to $3.8M in 2017.

Exports from Senegal () to Cape Verde () (2022)

Exports from Cape Verde () to Senegal () (2022)

Latest Data

Trade between Senegal () and Cape Verde ()

Senegal Exports

Date

Cape Verde Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Senegal than Cape Verde included Mali ($1.13B), India ($1B), and Switzerland ($662M).

In 2022, countries that imported more from Cape Verde than Senegal included Kenya ($694k), Guatemala ($251k), and Cuba ($208k).

Difference in imports from Cape Verde () and Senegal () (2022)

Comparative Advantage Senegal - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Cape Verde in the exports of Mineral Products ($9.02M), Foodstuffs ($2.06M), and Machines ($1.42M).

During 2017, Cape Verde had a large net trade with Senegal in the exports of Mineral Products ($3.41M), Chemical Products ($348k), and Transportation ($20.9k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Cape Verde () (2022)

Exports from Cape Verde () to Senegal () (2022)

Latest Data

Trade between Senegal () and Cape Verde ()

Senegal Exports

Cape Verde Exports

Market Competitiveness

Difference in imports from Cape Verde () and Senegal () (2022)

Comparative Advantage Senegal - Cape Verde

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Cape Verde () (2022)

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