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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 204th largest goods trading partner with $13 million in total (two way) goods trade during 2017. Goods exports totaled $9 million; goods imports totaled $3 million. The U.S. goods trade surplus with cape verde was $6 million in 2017.
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' 198th largest goods export market in 2017.
U.S. goods exports to Cape Verde in 2017 were $9 million, up 5.2% ($453 thousand) from 2016 and up 64.2% from 2007.
The top export categories (2-digit HS) in 2017 were: electrical machinery ($2 million), special other ( ) ($1 million), vehicles ($1 million), art and antiques ($1 million), and aircraft ($926 thousand).
U.S. total exports of agricultural products to Cape Verde totaled $91 thousand in 2017.
Cape Verde was the United States' 196th largest supplier of goods imports in 2017.
U.S. goods imports from Cape Verde totaled $3 million in 2017, down 17.2% ($699 thousand) from 2016, but up 56.4% from 2007.
The top import categories (2-digit HS) in 2017 were: prepared meat and fish (tuna) ($781 thousand), electrical machinery ($604 thousand), beverages (ethyl alcohol ) ($415 thousand), baking related products ($323 thousand), and machinery ($199 thousand).
U.S. total imports of agricultural products from Cape Verde totaled $528 thousand in 2017.
- The U.S. goods trade surplus with cape verde was $6 million in 2017, a 24.9% increase ($1 million) over 2016.
- 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.