The Rational ModerateSearch

Trade by country

Cabo Verde

In 2025, US goods exports to Cabo Verde were $38.4 million and goods imports from Cabo Verde were $6.0 million; exports exceeded imports by $32.4 million.

Goods: the latest figures

2025, full year

Exports
$38.4 million
Imports
$6.0 million
Balance
exports exceeded imports by $32.4 million (a goods trade surplus, in Census's term)
Total goods trade
$44.3 million
Share of US goods trade
0.001%
Rank among partners
No. 188 of 231

Latest 12 months, August 2025 to July 2026

Exports
$47.5 million
Imports
$2.9 million
Balance
exports exceeded imports by $44.6 million (a goods trade surplus, in Census's term)
Total goods trade
$50.3 million
Share of US goods trade
0.001%
Rank among partners
No. 182 of 233

2025 rank among 231 partners with trade that year; 12-month rank among 233.

  • Census basis goods, not seasonally adjusted. Exports are free alongside ship value; imports are general imports (customs value), everything that arrives, including goods entering bonded warehouses and Foreign Trade Zones. Shares and ranks compare total goods trade (exports plus imports) with the same period's world total.
  • US exports include re-exports: foreign goods shipped on in substantially the same condition as when they were imported. Exports are credited to the destination as known to the shipper and imports to the country of origin. The workbook used here does not separate re-exports.

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly data through July 2026; 2025 is the latest full year. Census revises the prior year's country totals each June. Retrieved Sept. 26, 2026.

Goods since 1992

US goods exports to and imports from Cabo Verde, 1992 to 2025

Full years only, in current dollars (not adjusted for inflation).

$0$20M$40M$60M202020212022202320242025

$0$20M$40M$60M20162018202020222024

$0$20M$40M$60M200020102020

Data table
YearExportsImportsBalanceTotalShare of US goods tradeRank
2026 (7 months)$38.1M$1.9MExports exceeded imports by $36.2M$39.9M0.001%176
2025$38.4M$6MExports exceeded imports by $32.4M$44.3M0.001%188
2024$12.2M$4.1MExports exceeded imports by $8.2M$16.3Mless than 0.001%204
2023$61.7M$6MExports exceeded imports by $55.7M$67.7M0.001%179
2022$15.7M$6.7MExports exceeded imports by $8.9M$22.4Mless than 0.001%200
2021$12.7M$5.4MExports exceeded imports by $7.3M$18.1Mless than 0.001%200
2020$6.9M$4.6MExports exceeded imports by $2.3M$11.5Mless than 0.001%204
2019$8.2M$4MExports exceeded imports by $4.2M$12.1Mless than 0.001%207
2018$8.7M$3.5MExports exceeded imports by $5.1M$12.2Mless than 0.001%209
2017$9.1M$3.5MExports exceeded imports by $5.7M$12.6Mless than 0.001%204
2016$8.7M$4.1MExports exceeded imports by $4.6M$12.8Mless than 0.001%199
2015$7.3M$2.2MExports exceeded imports by $5.1M$9.5Mless than 0.001%204
2014$7.3M$1.7MExports exceeded imports by $5.6M$9Mless than 0.001%209
2013$9.1M$2.4MExports exceeded imports by $6.8M$11.5Mless than 0.001%204
2012$7.8M$4MExports exceeded imports by $3.8M$11.7Mless than 0.001%205
2011$11.5M$1.5MExports exceeded imports by $10M$12.9Mless than 0.001%200
2010$10M$1.4MExports exceeded imports by $8.6M$11.4Mless than 0.001%195
2009$6.4M$806KExports exceeded imports by $5.6M$7.2Mless than 0.001%201
2008$12.2M$397KExports exceeded imports by $11.9M$12.6Mless than 0.001%199
2007$5.6M$2.2MExports exceeded imports by $3.4M$7.7Mless than 0.001%206
2006$13.6M$965KExports exceeded imports by $12.7M$14.6M0.001%191
2005$9.9M$2.6MExports exceeded imports by $7.2M$12.5Mless than 0.001%195
2004$51M$3.7MExports exceeded imports by $47.3M$54.7M0.002%163
2003$9.1M$5.6MExports exceeded imports by $3.5M$14.8M0.001%189
2002$9.7M$1.8MExports exceeded imports by $7.9M$11.5M0.001%193
2001$7.5M$1.7MExports exceeded imports by $5.8M$9.2Mless than 0.001%191
2000$7.2M$4.2MExports exceeded imports by $3M$11.4M0.001%191
1999$7.4M$0Exports exceeded imports by $7.4M$7.4Mless than 0.001%198
1998$9.6M$100KExports exceeded imports by $9.5M$9.7M0.001%194
1997$9.9M$400KExports exceeded imports by $9.5M$10.3M0.001%191
1996$67.8M$300KExports exceeded imports by $67.5M$68.1M0.005%138
1995$7.5M$200KExports exceeded imports by $7.3M$7.7M0.001%193
1994$4.6M$100KExports exceeded imports by $4.5M$4.7Mless than 0.001%197
1993$5.6M$0Exports exceeded imports by $5.6M$5.6M0.001%196
1992$4.4M$100KExports exceeded imports by $4.3M$4.5Mless than 0.001%194

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IYR, EYR) · retrieved Sept. 26, 2026 · 9,217 rows · as of July 2026 · monthly. Download CSV

2026 so far (7 months): exports $38.1 million, imports $1.9 million; exports exceeded imports by $36.2 million. Not in the chart, because a part year is not comparable with a full one.

Ranks start in 1992; before then the Census workbook covers only 76 partners. Shares start in 1987, the first year with a world total.

Goods by month

US goods exports to and imports from Cabo Verde, by month

The latest 24 months. Not seasonally adjusted, so compare a month with the same month a year earlier.

$0$5M$10M$15M$20M$25MJan. 2025July 2025Jan. 2026July 2026

Data table
MonthExportsImportsBalance
Aug. 2024$485K$150KExports exceeded imports by $335K
Sept. 2024$816K$443KExports exceeded imports by $373K
Oct. 2024$1.1M$265KExports exceeded imports by $870K
Nov. 2024$3.1M$552KExports exceeded imports by $2.5M
Dec. 2024$637K$259KExports exceeded imports by $378K
Jan. 2025$3.8M$2.9MExports exceeded imports by $875K
Feb. 2025$517K$49KExports exceeded imports by $468K
March 2025$5M$340KExports exceeded imports by $4.7M
April 2025$16.8M$369KExports exceeded imports by $16.4M
May 2025$670K$727KImports exceeded exports by $57K
June 2025$1.1M$475KExports exceeded imports by $624K
July 2025$1.1M$107KExports exceeded imports by $990K
Aug. 2025$6.6M$72KExports exceeded imports by $6.5M
Sept. 2025$410K$116KExports exceeded imports by $293K
Oct. 2025$570K$590KImports exceeded exports by $20K
Nov. 2025$729K$8KExports exceeded imports by $722K
Dec. 2025$1.1M$215KExports exceeded imports by $924K
Jan. 2026$766K$208KExports exceeded imports by $558K
Feb. 2026$890K$7KExports exceeded imports by $883K
March 2026$3.9M$416KExports exceeded imports by $3.4M
April 2026$25M$511KExports exceeded imports by $24.5M
May 2026$2.7M$351KExports exceeded imports by $2.3M
June 2026$2.6M$142KExports exceeded imports by $2.5M
July 2026$2.3M$223KExports exceeded imports by $2.1M

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IJAN..IDEC, EJAN..EDEC) · retrieved Sept. 26, 2026 · 5,923 rows · as of July 2026 · monthly. Download CSV

US goods trade with Cabo Verde, August 2025 to July 2026: each month beside the same month a year earlier
MonthExportsA year earlierChangeImportsA year earlierChange
July 2026$2.3M$1.1M+112.2%$223K$107K+109.1%
June 2026$2.6M$1.1M+136.0%$142K$475K-70.1%
May 2026$2.7M$670K+299.1%$351K$727K-51.8%
April 2026$25M$16.8M+48.5%$511K$369K+38.3%
March 2026$3.9M$5M-22.8%$416K$340K+22.1%
Feb. 2026$890K$517K+72.1%$7K$49K-86.6%
Jan. 2026$766K$3.8M-79.7%$208K$2.9M-92.8%
Dec. 2025$1.1M$637K+78.9%$215K$259K-16.9%
Nov. 2025$729K$3.1M-76.2%$8K$552K-98.6%
Oct. 2025$570K$1.1M-49.8%$590K$265K+122.2%
Sept. 2025$410K$816K-49.8%$116K$443K-73.8%
Aug. 2025$6.6M$485K+1250.7%$72K$150K-52.0%

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly, August 2024 to July 2026; not seasonally adjusted. Retrieved Sept. 26, 2026.

Services

Services are counted separately from goods, by a different agency, on an annual timetable. They are not added to the goods figures above.

US trade in services with Cabo Verde, 2018 to 2025
YearExportsImportsBalance (exports minus imports)
2025$34M$31MExports exceeded imports by $3M
2024$41M$27MExports exceeded imports by $14M
2023$34M$10MExports exceeded imports by $24M
2022$22M$9MExports exceeded imports by $14M
2021$16M$4MExports exceeded imports by $12M
2020$13M$6MExports exceeded imports by $7M
2019$28M$22MExports exceeded imports by $6M
2018$28M$17MExports exceeded imports by $11M

The balance column is BEA's published balance, which BEA rounds on its own, so it can differ by a million dollars from the exports and imports shown beside it. The 2025 balance is a services trade surplus, in BEA's term.

Source: U.S. Bureau of Economic Analysis, International Services, Table 2.4. Annual, 2018 to 2025, released July 7, 2026; cells exactly as BEA publishes them, marks included. Retrieved Sept. 26, 2026. Download CSV

Direct investment

The value of direct investment at year end, both ways: US companies' stake in businesses in Cabo Verde, and investors in Cabo Verde with a stake in US businesses. Historical cost (book value), not market value.

Direct investment positions, 2020 to 2025
Year endUS direct investment in Cabo VerdeDirect investment from Cabo Verde in the US
2025$2M$0
2024$2M$0
2023$2M$0
2022$2M$0
2021$2M-$2M
2020$2M-$2M

BEA assigns each position to the immediate counterpart country, which may not be where the money ends up or where the ultimate owner is. That is why financial centers such as the Netherlands, Luxembourg and Caribbean islands rank high.

Source: U.S. Bureau of Economic Analysis, Direct Investment by Country and Industry. Positions at year end, 2020 to 2025; inward by country of foreign parent; cells exactly as BEA publishes them. Retrieved Sept. 26, 2026. Download CSV

Trade agreements

USTR lists no trade agreement with Cabo Verde.

From USTR's list of free trade agreements in force and its page of agreements on reciprocal trade, in USTR's own wording. USTR's reciprocal trade page does not say whether each agreement is in force, so none is described that way here.

Source: Office of the United States Trade Representative, Free Trade Agreements and Agreements on Reciprocal Trade. Checked Sept. 26, 2026. Retrieved Sept. 26, 2026.

Context

Population, 2025
527,326
GDP, current US dollars, 2025
$3.1 billion

Source: The World Bank: World Development Indicators: Population, total (SP.POP.TOTL), UN Population Division and national statistical offices. The World Bank: World Development Indicators: GDP (current US$) (NY.GDP.MKTP.CD), country official statistics, OECD national accounts data files and World Bank staff estimates. License: CC BY 4.0. Most recent value per economy. Retrieved Sept. 26, 2026.

Top products and tariffs

Not shown yet: requires Census data not yet retrieved.