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How dependent is Cabo Verde on Portugal?

In 2024, Portugal sold $438 million to Cabo Verde, 42.7% of its imports, ranking 1st among its suppliers. Its share was 25.5% in 2019 and 54.6% in 1995. In 93 products it sells more than 50% of what Cabo Verde buys of them (in 38, more than 75%); what Cabo Verde buys from Portugal in those products (dominated value) adds up to $260 million, 25.4% of its imports.

Summary

Share of its imports
42.7%
Value imported
$438million
Rank among its suppliers
1st
Products where it sells over 50%
93
Products where it sells over 75%
38
Dominated value
$260million
Share of total imports
25.4%

Trend

Trend in shares

Portugal went from 54.6% to 42.7% of what Cabo Verde buys

Share (%)

  • Portugal 42.7%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
199512054.6%1
199612542.9%1
199711038%1
199811944.6%1
199913242.1%1
200016253%1
200112641.2%1
200215542.9%1
200316441.5%1
200417337.2%1
200519039.7%1
200624739.9%1
200731038.7%1
200838644%1
200929740.5%1
201034739.8%1
201138237%1
201231138.5%1
201330338.4%1
201430836.9%1
201527041.5%1
201631938.6%1
201734939.5%1
201836040.5%1
201937325.5%2
202047540.7%1
202146134.6%1
202250727.9%1
202353329.3%1
202443842.7%1

Products where Portugal sells more than half

ProductSupplierShareSecondValue
CementPortugal97.7%over 75%Senegal · 1.2%$26 million
Medicines in measured doses or retail packsPortugal96.2%over 75%India · 1.5%$16 million
Steel barsPortugal90.7%over 75%India · 3.9%$15 million
TrucksPortugal64.8%China · 15.1%$9 million
BeerPortugal87.7%over 75%Netherlands · 5.7%$7 million
Fresh milk and creamPortugal95.1%over 75%Spain · 3.7%$6 million
Steel structuresPortugal71.7%China · 11.5%$6 million
Soybean oilPortugal92.9%over 75%Belgium · 3.4%$6 million
Plastic pipes and hosesPortugal85.3%over 75%France · 3.2%$5 million
Plastic packagingPortugal72.4%Spain · 15.5%$5 million
Cables and wirePortugal70.4%China · 11.3%$5 million
Olive oilPortugal91.4%over 75%Spain · 7%$4 million
Fruit and vegetable juicesPortugal69.1%Spain · 12.5%$4 million
SausagesPortugal71.3%Spain · 11.3%$4 million
Apples and pearsPortugal93.8%over 75%Spain · 5.2%$4 million
Pet and animal feedPortugal89.9%over 75%Denmark · 3%$4 million
Toilet paper and tissuesPortugal50.7%Spain · 15.7%$4 million
Citrus fruitPortugal84%over 75%Spain · 13.4%$4 million
ComputersPortugal56.8%Italy · 12.9%$4 million
Canned vegetablesPortugal63.5%Spain · 16.5%$4 million
Putty and sealantsPortugal95.1%over 75%Spain · 2.9%$4 million
Yogurt and fermented milkPortugal83.4%over 75%Spain · 12.4%$3 million
Detergents and surfactantsPortugal66.5%Spain · 16.9%$3 million
Low-voltage switches and connectorsPortugal84.8%over 75%Spain · 7.5%$3 million
MargarinePortugal51%Brazil · 21.8%$3 million
Paper boxes and packagingPortugal81.1%over 75%Spain · 9%$3 million
Bread, biscuits and pastriesPortugal60.2%Spain · 19.3%$3 million
Valves and tapsPortugal73.3%Spain · 5.9%$3 million
Stainless steel bars and sectionsPortugal99.8%over 75%Spain · 0.12%$3 million
Dried legumes (beans, lentils, peas)Portugal53.3%Canada · 23.3%$3 million

and 63 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from Portugal

Cabo Verde is Portugal’s 31st-largest customer, with 0.52% of its exports.

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.