Cabo Verde: Merchandise exports (current US$)

Key figures

What the numbers say

In 2025, Cabo Verde's merchandise exports (current US$) rose 23.1% on 2024 (from US$78 million to US$96 million).

Across the 30 yearly changes before that (1995 to 2024), the average change was +12.6% and a typical year strayed about 27.1% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 150% in 1980 and the biggest yearly fall was 90.9% in 1961. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 21% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Cabo Verde had the 183rd highest value of the 204 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Cabo Verde in the 2025 ranking

• French Polynesia — 180th of 204: US$175 million
• Micronesia, Fed. Sts. — 181st of 204: US$109 million
• Timor-Leste — 182nd of 204: US$103 million
• St. Lucia — 184th of 204: US$85 million
• Vanuatu — 185th of 204: US$78 million
• Marshall Islands — 186th of 204: US$72 million

What this measures

Merchandise exports includes goods whose economic ownership is changed from a resident to a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Limitations: Exports are recorded as the cost of the goods delivered to the frontier of the exporting country for shipment - the free on board (f.o.b.) value. Countries may report trade according to the general or special system of trade. Under the general system exports comprise outward-moving goods that are (a) goods wholly or partly produced in the country; (b) foreign goods, neither transformed nor declared for domestic consumption in the country, that move outward from customs storage; and (c) goods previously included as imports for domestic consumption but subsequently exported without transformation. Under the special system exports comprise categories a and c.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 66 values

Merchandise exports (current US$) in nearby economies

• Angola — US$32.49 billion (2025)
• Benin — US$3.99 billion (2025)
• Botswana — US$5.12 billion (2025)
• Burkina Faso — US$11.08 billion (2025)
• Burundi — US$332 million (2025)
• Cameroon — US$5.1 billion (2025)
• Central African Republic — US$255 million (2025)
• Chad — US$4 billion (2025)
• Comoros — US$48 million (2025)
• Congo, Dem. Rep. — US$32.1 billion (2025)
• Congo, Rep.

More private sector & trade data for Cabo Verde

• Merchandise imports (current US$) — US$2.04 billion (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 83.8% (2023)
• Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) — 0.69% (2023)
• Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
• Merchandise imports by the reporting economy (current US$) — US$1.74 billion (2023)
• Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) — 0.69% (2023)
• Merchandise exports to high-income economies (% of total merchandise exports)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Cabo Verde's merchandise exports (current US$)?

US$96 million in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1960?

It is up 772.73% from US$11 million in 1960 (3.39% a year on average, compounded). The highest value was US$96 million in 2025 and the lowest US$1 million in 1961.

How does Cabo Verde rank?

183rd highest of 204 economies with data for 2025.

Is the latest change in merchandise exports (current US$) unusual for Cabo Verde?

In 2025, Cabo Verde's merchandise exports (current US$) rose 23.1% on 2024 (from US$78 million to US$96 million). Across the 30 yearly changes before that (1995 to 2024), the average change was +12.6% and a typical year strayed about 27.1% from that (the standard deviation). This year's change was 0.4 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.CD.WT, licensed CC BY 4.0. Original source: World Trade Organization (WTO) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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