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Cape Verde

Cape Verde

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).

Exports

  • 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.

Imports

  • 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.

Trade Balance

  • The U.S. goods trade surplus with cape verde was $6 million in 2017, a 24.9% increase ($1 million) over 2016.

Investment

  • 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.