Africa · Country profile
Cabo Verde
India-Cabo Verde trade corridor: $4.4B bilateral trade, $3.0B FDI into India.
$4.4B
Trade with India
+10.9% YoY
$1.49T
GDP
Nominal
$3.0B
FDI into India
Cumulative
+$0.7B
Trade balance
India surplus
Top exports to Cabo Verde
- Electronics
- Marine products
- Engineering goods
Top imports from Cabo Verde
- Aircraft parts
- Crude oil and LNG
- Coal and coke
Trade corridor with India
2025: $4.4B · 5-yr CAGR 12.7%
Goods trade in USD billion, illustrative demo figures.
Latest Cabo Verde stories
Trade4h ago7 min read
India-Cabo Verde bilateral trade hits a new quarterly high
FDI7h ago3 min read
Cabo Verde investors commit fresh capital to Indian manufacturing
Policy10h ago4 min read
Revised tariff schedule for India-Cabo Verde goods notified
Technology13h ago5 min read
India and Cabo Verde deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 7% to 4% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 8 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Cabo Verde Business Forum
Apr 2027 · New Delhi
Delegation
Trade delegation to Cabo Verde
Dec 2026 · Cabo Verde
Buyer meet
Cabo Verde buyers-sellers meet
Jan 2027 · Mumbai
Policy
Joint working group on market access
Mar 2027 · Virtual
Opportunity sectors
📺S35Information and Broadcasting21% projected demand growth🩺S40Medical Devices & Healthtech14% projected demand growth💊S45Pharmaceutical11% projected demand growth🎛️S50Semiconductors9% projected demand growth⛓️S55Steel19% projected demand growth💧S60Water Resources & Management13% projected demand growth