Merchandise imports by the reporting economy (current US$) in Cape Verde
Cape Verde: Merchandise imports by the reporting economy (current US$) was 1.74 billion current US$ in 2023. ◆ Volatile
Latest (2023)
1.74 billion current US$
Change on year
down 0.8%
World rank
168th
of 206 countries
All-time high
1.75 billion current US$
in 2022
All-time low
15.30 million current US$
in 1970
Years of data
54
1970–2023
Merchandise imports by the reporting economy in Cape Verde, 1970–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Cape Verde recorded 1.74 billion current US$ for merchandise imports by the reporting economy in 2023.
Compared with earlier readings it is down 0.8% on the previous year and up 142.5% over ten years.
Over the whole period, merchandise imports by the reporting economy in Cape Verde peaked at 1.75 billion current US$ in 2022 and was at its lowest, 15.30 million current US$, in 1970.
Cape Verde ranks 168th of 206 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy (current US$) in Cape Verde, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 15.30 million current US$ | — |
| 1971 | 18.70 million current US$ | +22.2% |
| 1972 | 22.60 million current US$ | +20.9% |
| 1973 | 31.90 million current US$ | +41.2% |
| 1974 | 31.70 million current US$ | -0.6% |
| 1975 | 34.80 million current US$ | +9.8% |
| 1976 | 24.00 million current US$ | -31.0% |
| 1977 | 26.10 million current US$ | +8.8% |
| 1978 | 48.00 million current US$ | +83.9% |
| 1979 | 48.90 million current US$ | +1.9% |
| 1980 | 63.50 million current US$ | +29.9% |
| 1981 | 63.90 million current US$ | +0.6% |
| 1982 | 62.90 million current US$ | -1.6% |
| 1983 | 70.20 million current US$ | +11.6% |
| 1984 | 62.30 million current US$ | -11.3% |
| 1985 | 76.80 million current US$ | +23.3% |
| 1986 | 72.78 million current US$ | -5.2% |
| 1987 | 85.22 million current US$ | +17.1% |
| 1988 | 95.98 million current US$ | +12.6% |
| 1989 | 101.67 million current US$ | +5.9% |
| 1990 | 133.87 million current US$ | +31.7% |
| 1991 | 133.60 million current US$ | -0.2% |
| 1992 | 169.23 million current US$ | +26.7% |
| 1993 | 174.71 million current US$ | +3.2% |
| 1994 | 205.98 million current US$ | +17.9% |
| 1995 | 240.21 million current US$ | +16.6% |
| 1996 | 320.26 million current US$ | +33.3% |
| 1997 | 228.15 million current US$ | -28.8% |
| 1998 | 226.22 million current US$ | -0.8% |
| 1999 | 258.19 million current US$ | +14.1% |
| 2000 | 233.92 million current US$ | -9.4% |
| 2001 | 224.15 million current US$ | -4.2% |
| 2002 | 269.13 million current US$ | +20.1% |
| 2003 | 345.69 million current US$ | +28.4% |
| 2004 | 420.67 million current US$ | +21.7% |
| 2005 | 432.06 million current US$ | +2.7% |
| 2006 | 534.52 million current US$ | +23.7% |
| 2007 | 739.77 million current US$ | +38.4% |
| 2008 | 818.69 million current US$ | +10.7% |
| 2009 | 700.41 million current US$ | -14.4% |
| 2010 | 735.09 million current US$ | +5.0% |
| 2011 | 937.92 million current US$ | +27.6% |
| 2012 | 746.54 million current US$ | -20.4% |
| 2013 | 717.47 million current US$ | -3.9% |
| 2014 | 756.12 million current US$ | +5.4% |
| 2015 | 590.89 million current US$ | -21.9% |
| 2016 | 656.60 million current US$ | +11.1% |
| 2017 | 779.23 million current US$ | +18.7% |
| 2018 | 796.65 million current US$ | +2.2% |
| 2019 | 1.37 billion current US$ | +72.4% |
| 2020 | 1.11 billion current US$ | -18.9% |
| 2021 | 1.26 billion current US$ | +12.9% |
| 2022 | 1.75 billion current US$ | +39.5% |
| 2023 | 1.74 billion current US$ | -0.8% |
Cape Verde compared with similar countries
- Cape Verde's 1.74 billion current US$ is below the median for upper middle income countries, which is 15.63 billion current US$, 11% of the median. (59 countries reporting)
- Cape Verde's 1.74 billion current US$ is below the median for Sub-Saharan Africa, which is 4.61 billion current US$, 38% of the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.20 million current US$ | 15.30 million current US$ | 48.90 million current US$ | 10 |
| 1980s | 75.53 million current US$ | 62.30 million current US$ | 101.67 million current US$ | 10 |
| 1990s | 209.04 million current US$ | 133.60 million current US$ | 320.26 million current US$ | 10 |
| 2000s | 471.90 million current US$ | 224.15 million current US$ | 818.69 million current US$ | 10 |
| 2010s | 809.01 million current US$ | 590.89 million current US$ | 1.37 billion current US$ | 10 |
| 2020s | 1.47 billion current US$ | 1.11 billion current US$ | 1.75 billion 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$), annual growth rate 23.08 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Cape Verde?
- Merchandise imports by the reporting economy in Cape Verde was 1.74 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Cape Verde?
- The highest recorded value was 1.75 billion current US$ in 2022.
- What is the lowest merchandise imports by the reporting economy recorded in Cape Verde?
- The lowest recorded value was 15.30 million current US$ in 1970.
- How does Cape Verde rank for merchandise imports by the reporting economy?
- Cape Verde ranks 168th out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Cape Verde?
- Over the last ten years it is up 142.5%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.