Cape Verde recorded a trade deficit of 8178 CVE Million in November of 2025. Balance of Trade in Cape Verde averaged -5647.40 CVE Million from 1999 until 2025, 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	-8178.00	-9425.90	CVE Million	Nov 2025
Capital Flows	-7017.44	-13688.92	CVE Million	Sep 2025
Current Account	-3061.36	1097.07	CVE Million	Sep 2025
Current Account to GDP	3.80	-2.70	percent of GDP	Dec 2024
Exports	792.90	791.70	CVE Million	Nov 2025
Foreign Direct Investment	4164.20	2871.20	CVE Million	Sep 2025
Imports	8970.90	10217.60	CVE Million	Nov 2025
Remittances	1736.09	1757.60	CVE Million	Sep 2025

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).