Cape Verde recorded a trade deficit of 9744.10 CVE Million in April of 2026. Balance of Trade in Cape Verde averaged -5697.35 CVE Million from 1999 until 2026, reaching an all time high of -1864.74 CVE Million in February of 2004 and a record low of -27692.99 CVE Million in December of 2002. source: Banco de Cabo Verde

Related	Last	Previous	Unit	Reference
Balance of Trade	-9744.10	-9492.80	CVE Million	Apr 2026
Capital Flows	489.83	-9860.65	CVE Million	Mar 2026
Current Account	7129.34	5252.61	CVE Million	Mar 2026
Current Account to GDP	3.80	-2.70	percent of GDP	Dec 2024
Exports	861.70	568.70	CVE Million	Apr 2026
Foreign Direct Investment	3837.50	4319.60	CVE Million	Mar 2026
Imports	10605.80	10061.50	CVE Million	Apr 2026
Remittances	2828.70	2316.70	CVE Million	Mar 2026

Cape Verde Balance of Trade

Cape Verde runs systemic trade deficits due to small export volume. The country’s main exports are fish (75 percent of total exports) and clothing (10 percent). Cape Verde is dependent on imports for fuel, food and machinery. Cape Verde main trading partners are Portugal (10 percent of total exports and 57 percent of imports) and Spain (86 percent of exports and 5 percent of imports).