Cabo Verde

In 2013, the value of merchandise exports of Cabo Verde increased substantially by 24.1 percent to reach 69.2 mln US$, while its merchandise imports decreased slightly by 3.8 percent to reach 726.4 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 657.1 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -513.1 mln US$ (see graph 4). Merchandise exports in Cabo Verde were highly concentrated amongst partners; imports were moderately concentrated. The top 2 partners accounted for 80 percent or more of exports and 7 partners accounted for 80 percent or more of imports (see graph 5). In 2013, the value of exports of services of Cabo Verde increased moderately by 8.8 percent, reaching 650.2 mln US$, while its imports of services decreased moderately by 9.1 percent and reached 268.8 mln US$ (see graph 2). There was a large trade in services surplus of 381.4 mln US$.

Related Subject(s): Commerce international et finance

Countries: Cap-Vert