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West Africa • Export Intelligence

Cape Verde

Praia • CVE

GDP

$3.4BProjection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $3.1B (World Bank · 2025)

Population

527.3K
World Bank · 2025

Currency

CVE

Cape Verdean Escudo

Key Ports

2

Entry Points

No ECTN Required

Standard shipping documentation applies.

Trade Snapshot

Trade Balance
$0.3BDeficit

Exports minus imports of goods and services · World Bank · 2025

Member of:

ECOWASAfCFTA

Regional Trade Memberships

Economic Overview

Official sources: IMF World Economic Outlook and World Bank. Source and year shown per figure.

GDP
$3.4BProjection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $3.1B (World Bank · 2025)
Real GDP growth
5.0%Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: 6.3% (World Bank · 2025)
GDP per person
$6,556Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: $5,796 (World Bank · 2025)
Inflation
1.2%Projection
IMF WEO October 2026 · 2026 projectionLatest reported actual: 2.3% (World Bank · 2025)

Market Suitability Score

72out of 100
Grade B: Good

Score Breakdown

Trade Agreements
85/100
Infrastructure
65/100
Regulatory Ease
70/100
Market Demand
75/100
Payment Reliability
68/100

Export Recommendations

Strong AfCFTA membership benefits
Growing demand for agricultural products
Consider using established banking channels
Allow extra time for customs processing

Export Readiness Checklist

For exports to Cape Verde

20%

Complete

HS Code ClassificationRequired

Have you classified your product with the correct HS code?

Certificate of OriginRequired

Do you have the Certificate of Origin prepared?

No ECTN Required

This country does not require ECTN for shipments

Customs RegistrationRequired

Are you registered with your local customs authority?

Shipping ArrangementsRequired

Have you arranged freight forwarding and logistics?

4 documents required for Cape Verde
Generate Full Checklist
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Currency Converterstable

Current Rate
$
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Rates are indicative and may differ from actual transaction rates. Always verify with your bank or forex provider.

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Key Ports
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4-
Regional Blocs
2-

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