Bangladesh (BGD) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Bangladesh-Cape Verde Trade: In 2022, Bangladesh exported $31.9k to Cape Verde. The main products that Bangladesh exported to Cape Verde were Flavored Water ($8.11k), Fermented Milk Products ($5.31k), and Ice Cream ($5.09k). Over the past 5 years the exports of Bangladesh to Cape Verde have decreased at an annualized rate of 23.1%, from $119k in 2017 to $31.9k in 2022.

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

Cape Verde-Bangladesh Trade: In 2022, Cape Verde exported $9.32k to Bangladesh. The main products that Cape Verde exported to Bangladesh were N/A. Over the past 5 years the exports of Cape Verde to Bangladesh have increased at an annualized rate of 11.6%, from $5.38k in 2017 to $9.32k in 2022.

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

Comparison In 2022, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). 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, Bangladesh exported $31.9k to Cape Verde. The main products exported from Bangladesh to Cape Verde were Flavored Water ($8.11k), Fermented Milk Products ($5.31k), and Ice Cream ($5.09k). During the last 5 years the exports of Bangladesh to Cape Verde have decreased at an annualized rate of 23.1%, from $119k in 2017 to $31.9k in 2022.

In 2010, Cape Verde exported $9.32k to Bangladesh. There were not main exports from Cape Verde to Bangladesh in 2010. During the last 5 years the exports of Cape Verde to Bangladesh have increased at an annualized rate of 11.6%, from $5.38k in 2015 to $9.32k in 2010.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$11.7B

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Bangladesh than Cape Verde included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

In 2022, countries that imported more from Cape Verde than Bangladesh included Senegal ($3.8M), Cuba ($208k), and Algeria ($135k).

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

Comparative Advantage Bangladesh - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Bangladesh had a large net trade with Cape Verde in the exports of Foodstuffs ($26.6k) and Animal Products ($5.31k).

During 2010, Cape Verde had a large net trade with Bangladesh in the exports of .

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Bangladesh - Cape Verde

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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