Merchandise exports by the reporting economy (current US$) in Cape Verde
Cape Verde: Merchandise exports by the reporting economy (current US$) was 170.84 million current US$ in 2023. ◆ Volatile
Latest (2023)
170.84 million current US$
Change on year
down 0.0%
World rank
179th
of 206 countries
All-time high
225.10 million current US$
in 2019
All-time low
1.00 million current US$
in 1978
Years of data
54
1970–2023
Merchandise exports by the reporting economy in Cape Verde, 1970–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Cape Verde recorded 170.84 million current US$ for merchandise exports by the reporting economy in 2023.
That represents a change of up 147.1% over ten years.
Over the whole period, merchandise exports by the reporting economy in Cape Verde peaked at 225.10 million current US$ in 2019 and was at its lowest, 1.00 million current US$, in 1978.
That places Cape Verde 179th out of 206 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 1.40 million current US$ | — |
| 1971 | 1.40 million current US$ | +0.0% |
| 1972 | 1.70 million current US$ | +21.4% |
| 1973 | 1.80 million current US$ | +5.9% |
| 1974 | 1.80 million current US$ | +0.0% |
| 1975 | 2.20 million current US$ | +22.2% |
| 1976 | 1.50 million current US$ | -31.8% |
| 1977 | 1.70 million current US$ | +13.3% |
| 1978 | 1.00 million current US$ | -41.2% |
| 1979 | 2.30 million current US$ | +130.0% |
| 1980 | 3.80 million current US$ | +65.2% |
| 1981 | 2.90 million current US$ | -23.7% |
| 1982 | 3.70 million current US$ | +27.6% |
| 1983 | 3.00 million current US$ | -18.9% |
| 1984 | 2.50 million current US$ | -16.7% |
| 1985 | 4.80 million current US$ | +92.0% |
| 1986 | 4.39 million current US$ | -8.6% |
| 1987 | 7.33 million current US$ | +67.1% |
| 1988 | 6.34 million current US$ | -13.4% |
| 1989 | 6.48 million current US$ | +2.2% |
| 1990 | 6.68 million current US$ | +3.0% |
| 1991 | 4.90 million current US$ | -26.6% |
| 1992 | 6.18 million current US$ | +26.2% |
| 1993 | 12.03 million current US$ | +94.6% |
| 1994 | 6.55 million current US$ | -45.6% |
| 1995 | 12.30 million current US$ | +87.7% |
| 1996 | 15.60 million current US$ | +26.9% |
| 1997 | 13.88 million current US$ | -11.0% |
| 1998 | 10.34 million current US$ | -25.6% |
| 1999 | 11.37 million current US$ | +10.0% |
| 2000 | 13.73 million current US$ | +20.7% |
| 2001 | 9.72 million current US$ | -29.2% |
| 2002 | 10.49 million current US$ | +8.0% |
| 2003 | 12.35 million current US$ | +17.7% |
| 2004 | 15.10 million current US$ | +22.3% |
| 2005 | 17.81 million current US$ | +18.0% |
| 2006 | 20.20 million current US$ | +13.4% |
| 2007 | 19.28 million current US$ | -4.6% |
| 2008 | 38.08 million current US$ | +97.5% |
| 2009 | 36.61 million current US$ | -3.9% |
| 2010 | 46.36 million current US$ | +26.6% |
| 2011 | 208.62 million current US$ | +349.9% |
| 2012 | 213.19 million current US$ | +2.2% |
| 2013 | 69.14 million current US$ | -67.6% |
| 2014 | 80.35 million current US$ | +16.2% |
| 2015 | 66.83 million current US$ | -16.8% |
| 2016 | 60.32 million current US$ | -9.7% |
| 2017 | 49.90 million current US$ | -17.3% |
| 2018 | 75.27 million current US$ | +50.8% |
| 2019 | 225.10 million current US$ | +199.1% |
| 2020 | 53.06 million current US$ | -76.4% |
| 2021 | 168.28 million current US$ | +217.2% |
| 2022 | 170.90 million current US$ | +1.6% |
| 2023 | 170.84 million current US$ | -0.0% |
Cape Verde compared with similar countries
- Cape Verde's 170.84 million current US$ is below the median for upper middle income countries, which is 11.56 billion current US$, 1% of the median. (59 countries reporting)
- Cape Verde's 170.84 million current US$ is below the median for Sub-Saharan Africa, which is 4.14 billion current US$, 4% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports by the reporting economy (current US$) in Cape Verde changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +349.9% | 46.36 million current US$ | 208.62 million current US$ |
| 2021 | +217.2% | 53.06 million current US$ | 168.28 million current US$ |
| 2019 | +199.1% | 75.27 million current US$ | 225.10 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.68 million current US$ | 1.00 million current US$ | 2.30 million current US$ | 10 |
| 1980s | 4.52 million current US$ | 2.50 million current US$ | 7.33 million current US$ | 10 |
| 1990s | 9.98 million current US$ | 4.90 million current US$ | 15.60 million current US$ | 10 |
| 2000s | 19.34 million current US$ | 9.72 million current US$ | 38.08 million current US$ | 10 |
| 2010s | 109.51 million current US$ | 46.36 million current US$ | 225.10 million current US$ | 10 |
| 2020s | 140.77 million current US$ | 53.06 million current US$ | 170.90 million current US$ | 4 |
Countries ranked near Cape Verde
More private sector data for Cape Verde
- Merchandise trade 70.0% (2025)
- Food imports 32.6% (2024)
- Manufactures imports 50.8% (2024)
- Merchandise imports 2.04 billion current US$ (2025)
- Food exports 86.4% (2024)
- Manufactures exports 13.6% (2024)
- Merchandise exports 96.00 million current US$ (2025)
- Merchandise exports (current US$), per capita 182.05 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0314 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Cape Verde?
- Merchandise exports by the reporting economy in Cape Verde was 170.84 million current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Cape Verde?
- The highest recorded value was 225.10 million current US$ in 2019.
- What is the lowest merchandise exports by the reporting economy recorded in Cape Verde?
- The lowest recorded value was 1.00 million current US$ in 1978.
- How does Cape Verde rank for merchandise exports by the reporting economy?
- Cape Verde ranks 179th out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Cape Verde?
- Over the last ten years it is up 147.1%. The long-run trend across the full record is volatile.
- Where does this Cape Verde data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.