Tanzania (TZA) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Tanzania-Cape Verde Trade: In 2022, Tanzania exported $3.32k to Cape Verde. The main products that Tanzania exported to Cape Verde were Other live plants, cuttings and slips; mushroom spawn ($3.32k). Over the past 24 years the exports of Tanzania to Cape Verde have increased at an annualized rate of 2.87%, from $1.69k in 1998 to $3.32k in 2022.

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

Cape Verde-Tanzania Trade: In 2022, Cape Verde exported $11 to Tanzania. The main products that Cape Verde exported to Tanzania were Valves ($11). Over the past 24 years the exports of Cape Verde to Tanzania have decreased at an annualized rate of 30.3%, from $67 in 1998 to $11 in 2022.

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

Comparison In 2022, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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, Tanzania exported $3.32k to Cape Verde. The main products exported from Tanzania to Cape Verde were Other live plants, cuttings and slips; mushroom spawn ($3.32k). During the last 24 years the exports of Tanzania to Cape Verde have increased at an annualized rate of 2.87%, from $1.69k in 1998 to $3.32k in 2022.

In 2017, Cape Verde exported $11 to Tanzania. The main products exported from Cape Verde to Tanzania were Valves ($11). During the last 5 years the exports of Cape Verde to Tanzania have decreased at an annualized rate of 30.3%, from $67 in 2022 to $11 in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tanzania
Top DestinationIndia$2.73B

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Tanzania than Cape Verde included India ($2.73B), United Arab Emirates ($1.07B), and South Africa ($939M).

In 2022, countries that imported more from Cape Verde than Tanzania included Spain ($51.3M), Cuba ($208k), and Guyana ($4.75k).

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

Comparative Advantage Tanzania - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tanzania had a large net trade with Cape Verde in the exports of Vegetable Products ($3.32k).

During 2017, Cape Verde had a large net trade with Tanzania in the exports of Machines ($11).

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 Tanzania and Cape Verde. This means that a dot/product with the flag of Tanzania 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 Tanzania.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Tanzania - Cape Verde

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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