You are here

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 209th largest goods trading partner with $12 million in total (two way) goods trade during 2018. Goods exports totaled $9 million; goods imports totaled $4 million. The U.S. goods trade surplus with Cape Verde was $5 million in 2018.

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' 202nd largest goods export market in 2018.
     
  • U.S. goods exports to Cape Verde in 2018 were $9 million, down 6.4% ($586 thousand) from 2017 and down 30.1% from 2008. 
     
  • The top export categories (2-digit HS) in 2018 were: optical and medical instruments ($2 million), vehicles ($1 million), special other (low value estmates) ($1 million), ships and boats ($1 million), and cereals (corn) ($780 thousand).
     
  •  U.S. total exports of agricultural products to Cape Verde totaled $930 thousand in 2018.

Imports

  • Cape Verde was the United States' 194th largest supplier of goods imports in 2018.
     
  • U.S. goods imports from Cape Verde totaled $4 million in 2018, up 6.1% ($205 thousand) from 2017, and up 801.3% from 2008. 
     
  • The top import categories (2-digit HS) in 2018 were: prepared meat and fish (fish and caviar) ($841 thousand), stone, plaster, cement ($487 thousand), baking related products ($378 thousand), knit apparel ($264 thousand), and beverages (ethyl alcohol) ($257 thousand).
     
  • U.S. total imports of agricultural products from Cape Verde totaled $594 thousand in 2018.

Trade Balance

  • The U.S. goods trade surplus with Cape Verde was $5 million in 2018, a 13.7% decrease ($791 thousand) over 2017.

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.