AGOA Status
Cabo Verde is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements
The U.S. and Cabo Verde have no trade agreements.
Cape Verde Trade Summary
U.S. goods and services trade with Cabo Verde totaled an estimated $84.3 million in 2024, down 24.5 percent ($27.4 million) from 2023.
U.S. total goods trade (exports plus imports) with Cabo Verde was an estimated $16.3 million in 2024. U.S. goods exports to Cabo Verde in 2024 were $12.2 million, down 80.2 percent ($49.5 million) from 2023. U.S. goods imports from Cabo Verde in 2024 totaled $4.1 million, down 32.4 percent ($1.9 million) from 2023. The U.S. goods trade surplus with Cabo Verde was $8.2 million in 2024, a 85.3 percent decrease ($47.5 million) over 2023.
U.S. total services trade (exports plus imports) with Cabo Verde totaled an estimated $68 million in 2024. U.S. services exports to Cabo Verde in 2024 were $41 million, up 20.6 percent ($7 million) from 2023. U.S. services imports from Cabo Verde in 2024 were $27 million, up 170 percent ($17 million) from 2023. The U.S. services trade surplus with Cabo Verde was $14 million in 2024, a 41.7 percent decrease ($10 million) over 2023.
