Cabo Verde and Nigeria
What moves each way, the scams to watch for, and what to check before you trade.
Trade safely with Nigeria
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, Cabo Verde sold Nigeria about $115 thousand of goods. The biggest products were prepared or preserved fish and flours, meal and pellets, of meat or meat offal, which together make up 100% of the total. More than half of this trade is one product (prepared or preserved fish), so it leans heavily on that one line.
In 2024, Cabo Verde bought about $21 thousand of goods from Nigeria. The biggest products were chocolate and other food preparations, pasta and motor vehicles, parts and accessories, which together make up 78% of the total. The total has fallen by about 38% a year since 2022. Among the leading products, pasta is growing fastest, at about 487% a year.
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 | Cabo Verde sells to Nigeria | Cabo Verde buys from Nigeria |
|---|---|---|
| 2022 | not reported | $55k |
| 2023 | $115k | $422k |
| 2024 | not reported | $21k |
What Cabo Verde sells to Nigeria
Ranked by value in 2023, by 4-digit product code. Growth is the yearly rate since 2023.
| Product | Value | Share | Growth |
|---|---|---|---|
| Prepared or preserved fish (caviar and caviar substitutes prepared from fish eggs) Product code 1604 · Meat and fish preparations | $87k | 75.6% | n/a |
| Flours, meal and pellets, of meat or meat offal, of fish or of crustaceans, molluscs or other aquatic inverteb… Product code 2301 · Animal feed and food waste | $28k | 24.4% | n/a |
Biggest product groups: Meat and fish preparations (76%), Animal feed and food waste (24%) .
What Cabo Verde buys from Nigeria
Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.
| Product | Value | Share | Growth |
|---|---|---|---|
| Chocolate and other food preparations containing cocoa Product code 1806 · Cocoa | $8k | 38.0% | n/a |
| Pasta (whether or not cooked or stuffed with meat or other substance, or otherwise prepared, egg spaghetti, ma… Product code 1902 · Cereal and baked goods | $6k | 30.6% | +487.0% a year |
| Motor vehicles (parts and accessories, of heading no. 8701 to 8705) Product code 8708 · Vehicles | $2k | 9.1% | -50.6% a year |
Biggest product groups: Cocoa (38%), Cereal and baked goods (31%), Vehicles (9%), Electrical equipment (8%), Rubber (5%) .
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.