2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
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GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 186
2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Estonia-Cape Verde In 2022, Estonia exported $1.19k to Cape Verde. The main products that Estonia exported to Cape Verde are Engine Parts ($1.04k), Motor vehicles; parts and accessories (8701 to 8705) ($135), and Other Rubber Products ($8). During the last 23 years the exports of Estonia to Cape Verde have decreased at an annualized rate of 5.35%, from $4.22k in 1999 to $1.19k in 2022.

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

Cape Verde-Estonia In 2022, Cape Verde exported $2.23k to Estonia. The main products that Cape Verde exported to Estonia were N/A. During the last 23 years the exports of Cape Verde to Estonia have increased at an annualized rate of 5.81%, from $610 in 1999 to $2.23k in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B). That same year, Cape Verde ranked 196 in total exports ($92.2M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Estonia exported $1.19k to Cape Verde. The main products exported from Estonia to Cape Verde were Engine Parts ($1.04k), Motor vehicles; parts and accessories (8701 to 8705) ($135), and Other Rubber Products ($8). During the last 23 years the exports of Estonia to Cape Verde have decreased at an annualized rate of 5.35%, from $4.22k in 1999 to $1.19k in 2022.

In 2021, Cape Verde exported $2.23k to Estonia. There were not main exports from Cape Verde to Estonia in 2021. During the last 24 years the exports of Cape Verde to Estonia have increased at an annualized rate of 5.81%, from $610 in 1997 to $2.23k in 2021.

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

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

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Cape Verde
Top Destination
Spain$51.3M

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

In 2021, countries that imported more from Estonia than Cape Verde were Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2021, countries that imported more from Cape Verde than Estonia were Senegal ($3.8M).

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

Comparative Advantage Estonia - Cape Verde

Flow
Scale

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

During 2022, Estonia had a large net trade with Cape Verde in the exports of Machines ($1.04k), Transportation ($135), and Plastics and Rubbers ($13).

During 2021, Cape Verde had a large net trade with Estonia in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Estonia has comparative advantage over Cape Verde. Similarly, the more yellow a dot/product is, the more Cape Verde has comparative advantage over Estonia.

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

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