Cape Verde Balance of Trade  Forecast


Balance of Trade in Cape Verde is expected to be -5828.15 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 -6365.11 in 12 months time. In the long-term, the Cape Verde Balance of Trade is projected to trend around -7228.53 CVE Million in 2020, according to our econometric models.


Cape Verde Balance of Trade
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Cape Verde Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -6116 -5828 -6056 -6226 -6365 -7229
Exports 507 598 652 702 747 982
Imports 6623 6504 6801 7033 7228 8349
Current Account -6719 -4501 -4945 -4902 -4802 -4750
Current Account to GDP -7.2 -8.8 -8 -8 -7.37 -5
Remittances 1542 1308 1294 1268 1255 1223
Tourist Arrivals 153535 153100 157200 157400 156900 158100
Foreign Direct Investment 2030 3242 2861 2996 2861 2879