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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 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). 

Exports

  • 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). 

Imports

  • 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.  

Trade Balance

  • The U.S. goods trade surplus with Cape Verde was $5 million in 2016, a 8.8% decrease ($448 thousand) over 2015. 

Investment

  • 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.