Cabo Verde: Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Key figures

Since 2004 it is up 3.2 percentage points from 0.03% in 2004. The World Bank has no value for 8 of the years in between; the chart leaves those gaps open rather than joining across them.

What the numbers say

On record, the biggest yearly rise was 3.1 percentage points in 2012 and the biggest yearly fall was 3.15 percentage points in 2013. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

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

How it compares

In 2023, Cabo Verde had the 67th highest value of the 197 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 2023 ranking

• Bahrain — 64th of 197: 3.48%
• Equatorial Guinea — 65th of 197: 3.43%
• Korea, Rep. — 66th of 197: 3.29%
• Dominican Republic — 68th of 197: 3.12%
• Somalia, Fed. Rep. — 69th of 197: 2.97%
• Côte d'Ivoire — 70th of 197: 2.97%

What this measures

Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 12 values

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in nearby economies

• Angola — 6.34% (2023)
• Benin — 59.86% (2023)
• Botswana — 12.82% (2023)
• Burkina Faso — 1.86% (2023)
• Burundi — 4.55% (2023)
• Cameroon — 16.39% (2023)
• Central African Republic — 0.6% (2023)

More private sector & trade data for Cabo Verde

• Merchandise imports (current US$) — US$2.04 billion (2025)
• Merchandise exports (current US$) — US$96 million (2025)
• Merchandise imports from high-income economies (% of total merchandise imports) — 83.8% (2023)
• Merchandise imports from low- and middle-income economies in Sub-Saharan Africa (% of total merchandise imports) — 0.69% (2023)
• Merchandise imports by the reporting economy, residual (% of total merchandise imports) — 0% (2023)
• Merchandise imports by the reporting economy (current US$) — US$1.74 billion (2023)
• Merchandise imports from low- and middle-income economies within region (% of total merchandise imports) — 0.69% (2023)

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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Questions people ask

What is Cabo Verde's merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)?

3.23% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 2004?

It is up 3.2 percentage points from 0.03% in 2004. The highest value was 3.24% in 2012 and the lowest 0.00317% in 2005.

How does Cabo Verde rank?

67th highest of 197 economies with data for 2023.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF).

Source

World Bank, World Development Indicators, indicator TX.VAL.MRCH.R5.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) 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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