Cape Verde (CPV) and Norway (NOR) Trade | The Observatory of Economic Complexity

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Cape Verde-Norway Trade: In 2022, Cape Verde exported $256k to Norway. The main products that Cape Verde exported to Norway were Surveying Equipment ($223k), Other Measuring Instruments ($32.7k), and Scent Sprays ($665). Over the past 7 years the exports of Cape Verde to Norway have increased at an annualized rate of 163%, from $295 in 2015 to $256k in 2022.

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

Norway-Cape Verde Trade: In 2022, Norway exported $1.58M to Cape Verde. The main products that Norway exported to Cape Verde were Petroleum Gas ($1.21M), Combustion Engines ($65.6k), and Animal Food ($33.3k). Over the past 7 years the exports of Norway to Cape Verde have increased at an annualized rate of 77.6%, from $89.7k in 2015 to $1.58M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cape Verde exported $256k to Norway. The main products exported from Cape Verde to Norway were Surveying Equipment ($223k), Other Measuring Instruments ($32.7k), and Scent Sprays ($665). During the last 7 years the exports of Cape Verde to Norway have increased at an annualized rate of 163%, from $295 in 2015 to $256k in 2022.

In 2017, Norway exported $1.58M to Cape Verde. The main products exported from Norway to Cape Verde were Petroleum Gas ($1.21M), Combustion Engines ($65.6k), and Animal Food ($33.3k). During the last 5 years the exports of Norway to Cape Verde have increased at an annualized rate of 77.6%, from $89.7k in 2022 to $1.58M in 2017.

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

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

Latest Data

Trade between Cape Verde () and Norway ()

Cape Verde Exports

Date

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cape Verde
Top DestinationSpain$51.3M

Norway
Top DestinationGermany$78.1B

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

In 2022, no countries were registered that imported more from Cape Verde than from Norway.

In 2022, countries that imported more from Norway than Cape Verde included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Cape Verde - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cape Verde had a large net trade with Norway in the exports of Instruments ($256k) and Miscellaneous ($665).

During 2017, Norway had a large net trade with Cape Verde in the exports of Mineral Products ($1.21M), Machines ($127k), and Stone And Glass ($61.5k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Cape Verde () and Norway ()

Cape Verde Exports

Norway Exports

Market Competitiveness

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

Comparative Advantage Cape Verde - Norway

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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