Cape Verde recorded a trade deficit of 7088 CVE Million in January of 2026. Balance of Trade in Cape Verde averaged -5662.38 CVE Million from 1999 until 2026, reaching an all time high of -1864.74 CVE Million in February of 2004 and a record low of -27692.99 CVE Million in December of 2002. source: Banco de Cabo Verde

Related	Last	Previous	Unit	Reference
Balance of Trade	-7088.00	-8356.10	CVE Million	Jan 2026
Capital Flows	-8862.08	-7438.75	CVE Million	Dec 2025
Current Account	5252.61	-2555.70	CVE Million	Dec 2025
Current Account to GDP	3.80	-2.70	percent of GDP	Dec 2024
Exports	273.40	782.60	CVE Million	Jan 2026
Foreign Direct Investment	4319.60	4234.60	CVE Million	Dec 2025
Imports	7361.50	9138.70	CVE Million	Jan 2026
Remittances	3350.10	2361.90	CVE Million	Dec 2025

Cape Verde Balance of Trade

Cape Verde runs systemic trade deficits due to small export volume. The country’s main exports are fish (75 percent of total exports) and clothing (10 percent). Cape Verde is dependent on imports for fuel, food and machinery. Cape Verde main trading partners are Portugal (10 percent of total exports and 57 percent of imports) and Spain (86 percent of exports and 5 percent of imports).