Applied tariffs
Simple average MFN applied
2023
11.9 %
Trade-weighted MFN average
2023
9.0 %
Share of MFN duty-free
2023
11.1 %
Bound tariffs
Simple average bound
15.9 %
Binding coverage
100.0 %
Share of bound duty-free
4.5 %
Imports
Total imports: 1,758.9 million USD in 2023
Imports by partner
European Union
58.0 %
1,019.4
million USD
Saudi Arabia, Kingdom of
11.5 %
201.9
million USD
China
5.5 %
96.9
million USD
United Arab Emirates
4.2 %
74.4
million USD
United States of America
4.0 %
69.6
million USD
India
3.0 %
53.2
million USD
Brazil
2.6 %
45.4
million USD
Chinese Taipei
2.2 %
37.8
million USD
Korea, Republic of
1.5 %
26.3
million USD
Türkiye
1.2 %
21.9
million USD
Rest of the World
6.4 %
112.0
million USD
Imports by products HS 2017
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
43.6 %
766.7
million USD
880240
Aeroplanes and other powered aircraft of an of an unladen weight > 15.000 kg (excl. helicopters, dirigibles and unmanned of heading 8806)
2.8 %
49.3
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
2.5 %
44.0
million USD
860900
Containers, incl. containers for the transport of fluids, specially designed and equipped for carriage by one or more modes of transport
2.1 %
36.3
million USD
252329
Portland cement (excl. white, whether or not artificially coloured)
1.9 %
33.7
million USD
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
1.5 %
26.8
million USD
020714
Frozen cuts and edible offal of fowls of the species Gallus domesticus
0.9 %
16.3
million USD
210690
Food preparations, n.e.s.
0.8 %
14.8
million USD
100590
Maize (excl. seed for sowing)
0.8 %
14.8
million USD
721420
Bars and rods, of iron or non-alloy steel, with indentations, ribs, groves or other deformations produced during the rolling process
0.7 %
12.4
million USD
Rest of the products
42.3 %
744.0
million USD
Exports
Total exports: 281.7 million USD in 2023
Exports by destination
European Union
45.8 %
128.9
million USD
Other Countries, n.e.s.
40.3 %
113.5
million USD
Togo
4.1 %
11.6
million USD
United Arab Emirates
2.3 %
6.6
million USD
India
2.0 %
5.5
million USD
Ghana
1.2 %
3.4
million USD
United States of America
1.2 %
3.4
million USD
Malaysia
1.2 %
3.3
million USD
China
1.1 %
3.0
million USD
Korea, Republic of
0.2 %
0.4
million USD
Rest of the World
0.7 %
2.0
million USD
Exports by products HS 2017
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
60.9 %
171.6
million USD
860900
Containers, incl. containers for the transport of fluids, specially designed and equipped for carriage by one or more modes of transport
9.2 %
25.9
million USD
160415
Prepared or preserved mackerel, whole or in pieces (excl. minced)
5.8 %
16.3
million USD
160414
Prepared or preserved tunas, skipjack and Atlantic bonito, whole or in pieces (excl. minced)
4.4 %
12.3
million USD
160419
Prepared or preserved fish, whole or in pieces (excl. minced, merely smoked, and salmon, herrings, sardines, sardinella, brisling or sprats, tunas, skipjack, bonito "sarda spp.", mackerel, anchovies, eels and shark fins)
4.2 %
11.8
million USD
030743
Cuttle fish and squid, frozen, with or without shell
1.1 %
3.1
million USD
030357
Frozen swordfish "Xiphias gladius"
1.1 %
3.0
million USD
030389
Frozen fish, n.e.s.
1.1 %
3.0
million USD
760200
Waste and scrap, of aluminium (excl. slags, scale and the like from iron and steel production, containing recoverable aluminium in the form of silicates, ingots or other similar unwrought shapes, of remelted waste and scrap, of aluminium, ashes and residues from aluminium production)
0.8 %
2.3
million USD
030354
Frozen mackerel "Scomber scombrus, Scomber australasicus, Scomber japonicus"
0.8 %
2.3
million USD
Rest of the products
10.7 %
30.1
million USD
Preferential regimes provided by Cabo Verde
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Cabo Verde as a beneficiary based on other economies reported preferential regimes
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