Export to Cape Verde from India

According to resources, the total export to Cape Verde from India reached an estimated revenue of more than $4 Million by the year 2022.

Trade agreements have also been signed between both countries in order to support exports.

Value in $Million2020-20212021-2022(Apr-Dec)
India Export to Cape Verde35
India Import from Cape Verde23
Total Trade5M8M

Plastic, Pharmaceutical and Vehicles are the major exported products from India to Cape Verde at the present moment.

The E-commerce market in Cape Verde rising with a good growth rate and the main reason behind this development is the Internet penetration rate in Cape Verde which has reached more than 61% by 2022.

So, it’s a good scope for Indian exporters and sellers to grab the Cape Verde market whether through offline channels or online selling platforms & marketplaces in Cape Verde.

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