Cabo Verde-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $45.74M total volume •Cabo Verde deficit: $45.74M
Cabo Verde → Brazil
$0
Exports (2023)
Brazil → Cabo Verde
$45.74M
Imports (2023)
Trade Balance
$45.74M
Deficit for Cabo Verde
Total Trade
$45.74M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Cabo Verde and Brazil. Green line shows exports from Cabo Verde, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Cabo Verde-Brazil commercial relationship and competitive positioning in global markets.
Cabo Verde → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Cabo Verde's export portfolio to Brazil demonstrates strategic specialization, with containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport representing a key competitive advantage in this bilateral market.
Brazil → Cabo Verde Imports
Import Dependency Profile
📦 Import Strategy Analysis
Cabo Verde's import pattern from Brazil reveals significant dependencyin cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Cabo Verde demonstrates competitive strength in exportingcontainers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport to Brazil, 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: Cabo Verde-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $45.74 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Cabo Verde maintains a deficit of $45.74 million
- Export Focus: Cabo Verde's primary exports 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
- Import Dependencies: Key imports from Brazil 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
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 Cabo Verde leveraging its comparative advantages in containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport.
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
Cabo Verde's specialization in containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transportcomplements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.
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 containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport and cereals: rice, semi-milled or wholly milled, whether or not polished or glazed demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Cabo Verde's trade deficit of $45.74 million impacts 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 Cabo Verde and Brazil represents a total trade volume of $45.74 million in 2023. This partnership demonstrates an unfavorable trade balance for Cabo Verde, with imports exceeding exportsby $45.74 million.
Export Strengths
Cabo Verde's exports to Brazil total $0.00, with competitive advantages in containers: (including containers for transport of fluids) specially designed and equipped for carriage by one or more modes of transport, representing $73,553 orInfinity% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $45.74 million, highlighting economic interdependence in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, with Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed comprising16.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Cabo Verde's strategic sourcing from Brazil. 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 Cabo Verde and Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023