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AGOA Status: Cape Verde is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and Cape Verde have no trade agreements
U.S. - Cape Verde Trade Facts
Cape Verde is currently our 209th largest goods trading partner with $12 million in total (two way) goods trade during 2018. Goods exports totaled $9 million; goods imports totaled $4 million. The U.S. goods trade surplus with Cape Verde was $5 million in 2018.
According to the Department of Commerce, U.S. exports of goods to Cape Verde supported an estimated 32 jobs in 2015 (latest data available).
- Cape Verde was the United States' 202nd largest goods export market in 2018.
- U.S. goods exports to Cape Verde in 2018 were $9 million, down 6.4% ($586 thousand) from 2017 and down 30.1% from 2008.
- The top export categories (2-digit HS) in 2018 were: optical and medical instruments ($2 million), vehicles ($1 million), special other (low value estmates) ($1 million), ships and boats ($1 million), and cereals (corn) ($780 thousand).
- U.S. total exports of agricultural products to Cape Verde totaled $930 thousand in 2018.
- Cape Verde was the United States' 194th largest supplier of goods imports in 2018.
- U.S. goods imports from Cape Verde totaled $4 million in 2018, up 6.1% ($205 thousand) from 2017, and up 801.3% from 2008.
- The top import categories (2-digit HS) in 2018 were: prepared meat and fish (fish and caviar) ($841 thousand), stone, plaster, cement ($487 thousand), baking related products ($378 thousand), knit apparel ($264 thousand), and beverages (ethyl alcohol) ($257 thousand).
- U.S. total imports of agricultural products from Cape Verde totaled $594 thousand in 2018.
- The U.S. goods trade surplus with Cape Verde was $5 million in 2018, a 13.7% decrease ($791 thousand) over 2017.
- There is no information on the distribution of U.S. FDI in Cape Verde.
No data on Cape Verde's FDI in the U.S. are available. There is no information on the distribution of Cape Verde FDI in the U.S.
NOTE: No services trade data with Cape Verde are available.