Guinea (GIN) and Cape Verde (CPV) Trade | The Observatory of Economic Complexity

About

Guinea-Cape Verde Trade: In 2022, Guinea exported $1.55M to Cape Verde. The main products that Guinea exported to Cape Verde were Refined Petroleum ($1.55M). Over the past 11 years the exports of Guinea to Cape Verde have increased at an annualized rate of 31.9%, from $73.6k in 2011 to $1.55M in 2022.

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

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

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

Comparison In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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, Guinea exported $1.55M to Cape Verde. The main products exported from Guinea to Cape Verde were Refined Petroleum ($1.55M). During the last 11 years the exports of Guinea to Cape Verde have increased at an annualized rate of 31.9%, from $73.6k in 2011 to $1.55M in 2022.

Cape Verde does not register exports to Guinea.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Cape Verde
Top DestinationSpain$51.3M

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

In 2022, countries that imported more from Guinea than Cape Verde included China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

In 2022, countries that imported more from Cape Verde than Guinea included Portugal ($10.9M), Italy ($8.39M), and Kenya ($694k).

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

Comparative Advantage Guinea - Cape Verde

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Cape Verde in the exports of Mineral Products ($1.55M).

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guinea and Cape Verde. This means that a dot/product with the flag of Guinea 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 Guinea.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Guinea - Cape Verde

Economic Complexity

Competitive Landscape

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

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