Trade balance — all countries

Trade balance — Cabo Verde

Trade balance in Cabo Verde in 2025 — -347,732,516 US$. Ranked 68 in the world out of 138. Since 1980, the indicator has fallen by 389.9%.

2025 -348M US$ −11% vs 2024
World rank 68of 138
Period maximum -68.65M US$1981
Period minimum -611M US$2021

Trend over time

1980–2025 · US$

Trade balance — Cabo Verde, 1980–2025-800M-600M-400M-200M019801985199019952000200520102015202020251980: -70,982,648 US$1981: -68,654,777 US$1982: -79,120,312 US$1983: -73,642,842 US$1984: -72,514,551 US$1985: -77,877,487 US$1986: -110,258,908 US$1987: -112,061,708 US$1988: -113,087,675 US$1989: -114,967,856 US$1990: -158,624,712 US$1991: -152,959,920 US$1992: -176,344,218 US$1993: -165,686,386 US$1994: -168,612,424 US$1995: -210,651,243 US$1996: -176,152,822 US$1997: -152,559,146 US$1998: -189,396,687 US$1999: -231,143,988 US$2000: -180,674,415 US$2001: -183,257,219 US$2002: -223,381,349 US$2003: -293,096,458 US$2004: -347,396,590 US$2005: -279,899,813 US$2006: -305,161,264 US$2007: -440,686,737 US$2008: -436,710,883 US$2009: -414,650,594 US$2010: -455,837,597 US$2011: -507,773,134 US$2012: -300,793,952 US$2013: -225,943,230 US$2014: -343,192,657 US$2015: -205,399,753 US$2016: -229,970,375 US$2017: -317,771,966 US$2018: -311,702,659 US$2019: -229,555,185 US$2020: -506,517,523 US$2021: -610,535,249 US$2022: -440,988,527 US$2023: -412,532,539 US$2024: -313,264,298 US$2025: -347,732,516 US$
Change over the period: −277M (−389.88%)

Comparison, 2025

How the value compares with the world and the groups this territory belongs to: Cabo Verde

Cabo Verde -348M US$
Sub-Saharan Africa computed -29.17B US$
Western Africa computed -8.28B US$
Lower-middle-income countries computed -386B US$
Trade balance — Cabo Verde, by year Cabo Verde All countries CSV XLSX
Year US$ Change Change, %
2025 -348M −34.47M −11%
2024 -313M +99.27M +24.06%
2023 -413M +28.46M +6.45%
2022 -441M +170M +27.77%
2021 -611M −104M −20.54%
2020 -507M −277M −120.65%
2019 -230M +82.15M +26.35%
2018 -312M +6.07M +1.91%
2017 -318M −87.8M −38.18%
2016 -230M −24.57M −11.96%
2015 -205M +138M +40.15%
2014 -343M −117M −51.89%
2013 -226M +74.85M +24.88%
2012 -301M +207M +40.76%
2011 -508M −51.94M −11.39%
2010 -456M −41.19M −9.93%
2009 -415M +22.06M +5.05%
2008 -437M +3.98M +0.9%
2007 -441M −136M −44.41%
2006 -305M −25.26M −9.03%
2005 -280M +67.5M +19.43%
2004 -347M −54.3M −18.53%
2003 -293M −69.72M −31.21%
2002 -223M −40.12M −21.89%
2001 -183M −2.58M −1.43%
2000 -181M +50.47M +21.83%
1999 -231M −41.75M −22.04%
1998 -189M −36.84M −24.15%
1997 -153M +23.59M +13.39%
1996 -176M +34.5M +16.38%
1995 -211M −42.04M −24.93%
1994 -169M −2.93M −1.77%
1993 -166M +10.66M +6.04%
1992 -176M −23.38M −15.29%
1991 -153M +5.66M +3.57%
1990 -159M −43.66M −37.97%
1989 -115M −1.88M −1.66%
1988 -113M −1.03M −0.92%
1987 -112M −1.8M −1.64%
1986 -110M −32.38M −41.58%
1985 -77.88M −5.36M −7.4%
1984 -72.51M +1.13M +1.53%
1983 -73.64M +5.48M +6.92%
1982 -79.12M −10.47M −15.24%
1981 -68.65M +2.33M +3.28%
1980 -70.98M

About the indicator

The balance of foreign trade in goods and services: exports minus imports. This is the largest part of the current account but not the whole of it — investment income and remittances do not enter the trade balance, and for countries with large transfers the two indicators move in opposite directions. A surplus is not in itself a sign of a healthy economy: a country importing equipment for construction will run a deficit precisely because it is investing in growth.

Important: Goods and services together. For countries with large service exports — tourism, transport, software — the merchandise balance can be negative while the overall balance is positive.

Source: World Development Indicators (World Bank), license CC BY 4.0.