Cape Verde (CPV) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Cape Verde-North Macedonia Trade: In 2022, Cape Verde exported $737 to North Macedonia. The main products that Cape Verde exported to North Macedonia were Non-Knit Men's Suits ($347), Motor vehicles; parts and accessories (8701 to 8705) ($320), and Labels ($70). Over the past 7 years the exports of Cape Verde to North Macedonia have decreased at an annualized rate of 16.6%, from $2.62k in 2015 to $737 in 2022.

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

North Macedonia-Cape Verde In N/A, North Macedonia did not export any products to Cape Verde.

In 2022, North Macedonia 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, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cape Verde exported $737 to North Macedonia. The main products exported from Cape Verde to North Macedonia were Non-Knit Men's Suits ($347), Motor vehicles; parts and accessories (8701 to 8705) ($320), and Labels ($70). During the last 7 years the exports of Cape Verde to North Macedonia have decreased at an annualized rate of 16.6%, from $2.62k in 2015 to $737 in 2022.

North Macedonia does not register exports to Cape Verde.

Exports from Cape Verde () to North Macedonia () (2022)

Exports from North Macedonia () to Cape Verde () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

North Macedonia
Top DestinationGermany$3.96B

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

In 2022, countries that imported more from Cape Verde than North Macedonia included Portugal ($10.9M), Senegal ($3.8M), and Kenya ($694k).

In 2022, countries that imported more from North Macedonia than Cape Verde included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Cape Verde () (2022)

Comparative Advantage Cape Verde - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with North Macedonia in the exports of Textiles ($417) and Transportation ($320).

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 Cape Verde and North Macedonia. This means that a dot/product with the flag of Cape Verde indicates it has a comparative advantage over North Macedonia. Similarly, a dot/product with the flag of North Macedonia indicates it has a comparative advantage over Cape Verde.

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Historical Data

Bilateral Trade by Products

Exports from Cape Verde () to North Macedonia () (2022)

Exports from North Macedonia () to Cape Verde () (2022)

Market Competitiveness

Difference in imports from North Macedonia () and Cape Verde () (2022)

Comparative Advantage Cape Verde - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cape Verde () and North Macedonia () (2022)

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