2022
Flag  
GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Cape Verde-Algeria Trade: In 2022, Cape Verde exported $135k to Algeria. The main products that Cape Verde exported to Algeria were Processed Fish ($74.4k) and Fish Fillets ($60.1k). Over the past 6 years the exports of Cape Verde to Algeria have decreased at an annualized rate of 7.3%, from $212k in 2016 to $135k in 2022.

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

Algeria-Cape Verde Trade: In 2022, Algeria exported $40.1k to Cape Verde. The main products that Algeria exported to Cape Verde were Chocolate ($21.9k), Baked Goods ($17.4k), and Confectionery Sugar ($787). Over the past 6 years the exports of Algeria to Cape Verde have decreased at an annualized rate of 21%,  from $1.09M in 2016 to $40.1k in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cape Verde exported $135k to Algeria. The main products exported from Cape Verde to Algeria were Processed Fish ($74.4k) and Fish Fillets ($60.1k). During the last 6 years the exports of Cape Verde to Algeria have decreased at an annualized rate of 7.3%, from $212k in 2016 to $135k in 2022.

In 2017, Algeria exported $40.1k to Cape Verde. The main products exported from Algeria to Cape Verde were Chocolate ($21.9k), Baked Goods ($17.4k), and Confectionery Sugar ($787). During the last 5 years the exports of Algeria to Cape Verde have decreased at an annualized rate of 21%, from $1.09M in 2022 to $40.1k in 2017.

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

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

Latest Data

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

Cape Verde Exports

Date

Algeria Exports

Market Competitiveness

Color
Cape Verde
Top Destination
Spain$51.3M
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Cape Verde than Algeria included Kenya ($694k), Cuba ($208k), and Luxembourg ($92.3k).

In 2022, countries that imported more from Algeria than Cape Verde included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Cape Verde - Algeria

Flow
Scale

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

During 2022, Cape Verde had a large net trade with Algeria in the exports of Foodstuffs ($74.4k) and Animal Products ($60.1k).

During 2017, Algeria had a large net trade with Cape Verde in the exports of Foodstuffs ($40.1k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with