Cape Verde recorded a trade deficit of 6062.40 CVE Million in September of 2018. Balance of Trade in Cape Verde averaged -5038.49 CVE Million from 1999 until 2018, 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.

Balance of Trade in Cape Verde is expected to be -8411.00 CVE Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Cape Verde to stand at -8686.00 in 12 months time. In the long-term, the Cape Verde Balance of Trade is projected to trend around -8832.00 CVE Million in 2020, according to our econometric models.

Cape Verde Balance of Trade
width
height
Forecast Data Chart
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.


Cape Verde Trade Last Previous Highest Lowest Unit
Balance of Trade -6062.40 -5760.50 -1864.74 -27692.99 CVE Million [+]
Exports 376.20 702.30 4909.34 37.30 CVE Million [+]
Imports 6438.60 6462.80 32602.32 2004.13 CVE Million [+]
Current Account -4544.29 2105.40 2105.40 -11803.10 CVE Million [+]
Current Account to GDP -7.10 -2.70 3.04 -16.20 percent [+]
Remittances 1316.50 1766.80 2161.00 720.30 CVE Million [+]
Tourist Arrivals 170166.00 168171.00 312880.00 71246.00 [+]
Foreign Direct Investment 3208.40 1991.60 5979.90 -488.40 CVE Million [+]
Capital Flows 1252.60 -4325.00 2519.10 -9432.47 CVE Millions [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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). This page provides - Cape Verde Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cape Verde Balance of Trade - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-6062.40 -5760.50 -1864.74 -27692.99 1999 - 2018 CVE Million Monthly




Country Last Previous
Argentina 277.00 Oct/18
Australia 2316.00 Oct/18
Brazil 4062.09 Nov/18
Canada -1165.20 Oct/18
China 447.40 Nov/18
Euro Area 13141.70 Sep/18
France -4052.00 Oct/18
Germany 18300.00 Oct/18
India -17130.00 Oct/18
Indonesia -1819.90 Oct/18
Italy 1274.37 Sep/18
Japan -449.26 Oct/18
Mexico -2936.00 Oct/18
Netherlands 4949.00 Sep/18
Russia 18485.00 Sep/18
Saudi Arabia 162782.00 Jun/18
Singapore 4520.91 Oct/18
South Africa -5549.90 Oct/18
South Korea 5139.00 Nov/18
Spain -3297100.00 Sep/18
Switzerland 2637.00 Oct/18
Turkey -456.10 Oct/18
United Kingdom -3300.00 Oct/18
United States -55488.00 Oct/18


Related

Latest