Ghana (GHA) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

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Ghana-Cape Verde Trade: In 2022, Ghana exported $440k to Cape Verde. The main products that Ghana exported to Cape Verde were Sawn Wood ($230k), Video Displays ($139k), and Refrigerators ($29.2k). Over the past 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 12.8%, from $875k in 2017 to $440k in 2022.

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

Cape Verde-Ghana Trade: In 2022, Cape Verde exported $1.23k to Ghana. The main products that Cape Verde exported to Ghana were N/A. Over the past 5 years the exports of Cape Verde to Ghana have decreased at an annualized rate of 19%, from $3.52k in 2017 to $1.23k in 2022.

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

Comparison In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). 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, Ghana exported $440k to Cape Verde. The main products exported from Ghana to Cape Verde were Sawn Wood ($230k), Video Displays ($139k), and Refrigerators ($29.2k). During the last 5 years the exports of Ghana to Cape Verde have decreased at an annualized rate of 12.8%, from $875k in 2017 to $440k in 2022.

In 2015, Cape Verde exported $1.23k to Ghana. There were not main exports from Cape Verde to Ghana in 2015. During the last 5 years the exports of Cape Verde to Ghana have decreased at an annualized rate of 19%, from $3.52k in 2020 to $1.23k in 2015.

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

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

Latest Data

Trade between Ghana () and Cape Verde ()

Ghana Exports

Date

Cape Verde Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Ghana than Cape Verde included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

In 2022, countries that imported more from Cape Verde than Ghana included Portugal ($10.9M), Cuba ($208k), and Algeria ($135k).

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

Comparative Advantage Ghana - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ghana had a large net trade with Cape Verde in the exports of Wood Products ($230k), Machines ($186k), and Animal Products ($21.5k).

During 2015, Cape Verde had a large net trade with Ghana 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 Ghana and Cape Verde. This means that a dot/product with the flag of Ghana 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 Ghana.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Ghana () and Cape Verde ()

Ghana Exports

Cape Verde Exports

Market Competitiveness

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

Comparative Advantage Ghana - Cape Verde

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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