South Africa-Cabo Verde Bilateral Trade Analysis 2023
Complete trade statistics: $520,139 total volume •South Africa deficit: $520,139
South Africa → Cabo Verde
$0
Exports (2023)
Cabo Verde → South Africa
$520,139
Imports (2023)
Trade Balance
$520,139
Deficit for South Africa
Total Trade
$520,139
Combined Volume
Trade Flow Visualization
Direct trade relationship between South Africa and Cabo Verde. Green line shows exports from South Africa, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the South Africa-Cabo Verde commercial relationship and competitive positioning in global markets.
South Africa → Cabo Verde Exports
Export Market Intelligence
🎯 Strategic Export Focus
South Africa's export portfolio to Cabo Verde demonstrates strategic specialization, with vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 representing a key competitive advantage in this bilateral market.
Cabo Verde → South Africa Imports
Import Dependency Profile
📦 Import Strategy Analysis
South Africa's import pattern from Cabo Verde reveals significant dependencyin telephones for cellular networks or for other wireless networks, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
South Africa demonstrates competitive strength in exportingvehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 to Cabo Verde, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $520,139 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: South Africa-Cabo Verde Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $520.14 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: South Africa maintains a deficit of $520.14 thousand
- Export Focus: South Africa's primary exports include vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, vehicles: with only spark-ignition internal combustion reciprocating piston engine, cylinder capacity over 1500 but not over 3000cc, vehicles: with only compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity over 2500cc
- Import Dependencies: Key imports from Cabo Verde include telephones for cellular networks or for other wireless networks, insulated electric conductors: optical fibre cables, propylene, other olefin polymers: propylene copolymers in primary forms
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 $520,139 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 South Africa leveraging its comparative advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1.
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
South Africa's specialization in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1complements Cabo Verde's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in telephones for cellular networks or for other wireless networks.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $520,139 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $520,139 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 $520.14 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 and telephones for cellular networks or for other wireless networks demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
South Africa's trade deficit of $520.14 thousand 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 South Africa and Cabo Verde represents a total trade volume of $520.14 thousand in 2023. This partnership demonstrates an unfavorable trade balance for South Africa, with imports exceeding exportsby $520.14 thousand.
Export Strengths
South Africa's exports to Cabo Verde total $0.00, with competitive advantages in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1, representing $6.58M orInfinity% of bilateral exports.
Import Dependencies
Imports from Cabo Verde amount to $520.14 thousand, highlighting economic interdependence in telephones for cellular networks or for other wireless networks, with Telephones for cellular networks or for other wireless networks comprising47.1% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates South Africa's strategic sourcing from Cabo Verde. 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 South Africa and Cabo Verde in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023