Cape Verde Trade Intelligence
Comprehensive economic data, market insights, and trade information to help you make informed business decisions.
Economic OverviewStable Outlook
GDP
$45.2B
GDP Growth
+3.2%
GDP/Capita
$2,450
Inflation Rate8.5%
Unemployment Rate12.4%
Debt to GDP45%
FDI Inflows (Annual)
$2.8B
Credit Rating
B+Trade Agreements & Market Access
View AllAfCFTA Member
African Continental Free Trade Area
54
Countries
90%
Tariff Elimination
$3.4T
Market Size
Ratified: 2019 • Trading Status: Active
Learn moreOther Trade Agreements
ECOWASregional
activeZero tariffs on originating goods
West Africa
EPA with EUbilateral
activeDuty-free quota-free access
European Union
Total Active Agreements3
Preferential Market Access0+ countries
Export Strengths & Competitive Advantages
Top Export Products
Fish
Footwear
Garments
Bananas
Competitive Advantages
Strategic Atlantic Ocean accessECOWAS free trade zoneAfCFTA member stateCompetitive labor costs
Export Incentives & Benefits
✓
Special Economic Zone benefits✓
Tax incentives for exporters✓
ECOWAS preferential accessRegulatory & Compliance Requirements
Full GuideRequired Export Documents
Commercial Invoice
Packing List
Certificate of Origin
Customs Declaration
Export Procedure Steps
1Register with TradeInvest
2Obtain export license
3Apply for Certificate of Origin
4Submit customs declaration
Logistics Performance IndexImproving
Overall LPI Score
2.70/ 5.00
Below Average
World Rank
#95
of 160
Score Breakdown
Customs Efficiency2.50
Infrastructure Quality2.40
Int'l Shipments2.80
Logistics Competence2.60
Tracking & Tracing2.50
Timeliness3.00
Data Source: World Bank Logistics Performance Index
Key Trade Institutions in Cape Verde
Cabo Verde TradeInvest
Export Authoritywww.cvtradeinvest.cv
+238 260 4100
Direcção Geral das Alfândegas
CustomsInstituto de Gestão da Qualidade
Standards BodyNeed help navigating Cape Verde's trade requirements?
