Brazil-Cabo Verde Bilateral Trade Analysis 2023
Complete trade statistics: $45.74M total volume •Brazil surplus: $45.74M
Brazil → Cabo Verde
$45.74M
Exports (2023)
Cabo Verde → Brazil
$0
Imports (2023)
Trade Balance
$45.74M
Surplus for Brazil
Total Trade
$45.74M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brazil and Cabo Verde. Green line shows exports from Brazil, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Cabo Verde commercial relationship and competitive positioning in global markets.
Brazil → Cabo Verde Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brazil's export portfolio to Cabo Verde demonstrates strategic specialization, with cereals: rice, semi-milled or wholly milled, whether or not polished or glazed representing a key competitive advantage in this bilateral market.
Cabo Verde → Brazil Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brazil's import pattern from Cabo Verde reveals significant dependencyin containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brazil demonstrates competitive strength in exportingcereals: rice, semi-milled or wholly milled, whether or not polished or glazed to Cabo Verde, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $45.74M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brazil-Cabo Verde Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $45.74 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Brazil maintains a surplus of $45.74 million
- Export Focus: Brazil's primary exports include cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter, meat and edible offal: of fowls of the species gallus domesticus, cuts and offal, frozen
- Import Dependencies: Key imports from Cabo Verde include containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport, telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, electrical apparatus: n.e.c. in heading no. 8536, for switching or protecting electrical circuits, for a voltage not exceeding 1000 volts
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $45.74M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brazil's specialization in cereals: rice, semi-milled or wholly milled, whether or not polished or glazedcomplements Cabo Verde's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $45.74M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $45.74M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $45.74 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed and containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brazil's trade surplus of $45.74 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brazil and Cabo Verde represents a total trade volume of $45.74 million in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $45.74 million.
Export Strengths
Brazil's exports to Cabo Verde total $45.74 million, with competitive advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, representing $7.56M or16.5% of bilateral exports.
Import Dependencies
Imports from Cabo Verde amount to $0.00, highlighting economic interdependence in containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport, with Containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brazil and Cabo Verde in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023