Burkina Faso and Cabo Verde
What moves each way, the scams to watch for, and what to check before you trade.
Trade safely with Cabo Verde
The scams, documents and rules that matter on this corridor. Written and reviewed by our team, and dated.
Corridor-specific scam patterns and rules are still being reviewed by our team and will appear here once published.
- Confirm the company exists in an official register and that its name matches the one on the invoice.
- Before paying into a new or changed bank account, phone the company on a number you already hold, not one from the invoice or email.
- Test the container number, ship number, ports and dates on the bill of lading with the Document checker.
- Be wary of paying in advance for goods you have not seen, or of fees demanded to release a shipment.
- Ask the carrier directly to confirm the shipment exists and where it is.
In 2023, Burkina Faso sold Cabo Verde about $15 thousand of goods, according to Cabo Verde's own records. Almost all of it is gas, liquid or electricity supply or production…. The total has grown by about 3,102% a year since 2022.
In 2023, Burkina Faso bought about $9 thousand of goods from Cabo Verde. Almost all of it is electric transformers, static converters. The total has grown by about 51% a year since 2022.
Trade by year
Total trade each year, as reported in the tables below. A missing bar means no report for that year, not zero trade.
View as a table
| Year | Burkina Faso sells to Cabo Verde | Burkina Faso buys from Cabo Verde |
|---|---|---|
| 2022 | $464 | $6k |
| 2023 | $15k | $9k |
What Burkina Faso sells to Cabo Verde
Ranked by value in 2023, by 4-digit product code. Growth is the yearly rate since 2022. Figures are Cabo Verde's own report of its trade with Burkina Faso.
| Product | Value | Share | Growth |
|---|---|---|---|
| Gas, liquid or electricity supply or production meters, including calibrating meters therefor Product code 9028 · Optical and medical instruments | $15k | 100.0% | n/a |
What Burkina Faso buys from Cabo Verde
Ranked by value in 2023, by 4-digit product code. Growth is the yearly rate since 2022.
| Product | Value | Share | Growth |
|---|---|---|---|
| Electric transformers, static converters (e.g. rectifiers) and inductors Product code 8504 · Electrical equipment | $9k | 100.0% | n/a |
Room to grow
Products that a market buys a lot of, where this corridor supplies only a small part. Shares are for the latest year both sides reported. A small share can also mean a hard market, so check the rules and the buyer first.
A free account shows the complete product lists, every fast-growing and new product, and the markets where this corridor supplies little. Accounts are checked by hand, so use your business email.
Create a free account Sign inHow to read these figures
Value is what was traded in the year, in US dollars. A big number means a big market, not necessarily an easy one to enter.
Share is that product's part of the total in the table above. A product with a large share is what this corridor already trades most of.
Growth is the average yearly change since the first year shown. A green figure means trade in that product is rising.
Product code is the international customs code (HS) for the product group. Your customs agent and the guide below will ask for it, and it decides the duty you pay.
These are totals reported by customs authorities, not prices or orders. Use them to see where demand exists, then check the rules and the company you plan to deal with.
Next steps
Trade figures are what each country reported to the UN (Comtrade), in US dollars. Imports are usually reported including freight and insurance, exports without, so the two sides of a corridor will not match exactly. Company counts are companies listed on ExporterIQ.