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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 199th largest goods trading partner with $13 million in total (two way) goods trade during 2016. Goods exports totaled $9 million; goods imports totaled $4 million. The U.S. goods trade surplus with Cape Verde was $5 million in 2016.
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' 196th largest goods export market in 2016.
U.S. goods exports to Cape Verde in 2016 were $9 million, up 18.7% ($1 million) from 2015 but down 36.2% from 2006.
U.S. total exports of agricultural products to Cape Verde totaled $4 million in 2016. Leading domestic export categories include: corn ($2 million), soybean meal ($1 million), poultry meat & prods. (ex. eggs) ($758 thousand), hay ($78 thousand), and dairy products ($18 thousand).
Cape Verde was the United States' 189th largest supplier of goods imports in 2016.
U.S. goods imports from Cape Verde totaled $4 million in 2016, up 81.9% ($2 million) from 2015, and up 318.4% from 2006.
U.S. total imports of agricultural products from Cape Verde totaled $256 thousand in 2016.
- The U.S. goods trade surplus with Cape Verde was $5 million in 2016, a 8.8% decrease ($448 thousand) over 2015.
Data on U.S. FDI in Cape Verde are unavailable.
No data on Cape Verde's FDI in the U.S. are available.
NOTE: No services trade data with Cape Verde are available.