Business & Markets · Fuel exports · Cabo Verde
Cabo Verde’s fuel exports was 0% of merchandise exports in 2023.
0% of merchandise exports
2023
No change from 2022.
Stale — last updated 8 Oct 2026
In plain words
0% of merchandise exports
What it is. This measure takes the value of fuel sold abroad and divides it by the value of all goods the country sells abroad. Because it is a share, a change in any other export moves it too. It covers goods only, so earnings from services sit outside it.
Neither way is good in itself. A high share means export income follows oil and fuel prices, and a low share means fuel matters little to the goods trade. Which of these suits a country depends on what it produces, so either direction can make sense. Cabo Verde's latest figure, for 2023, is 0% of merchandise exports, the same as in 2022, a change of 0 percentage points. Since 2006 the share has stayed flat: the lowest figure, in 2006, was 0% of merchandise exports and the highest, in 2011, was also 0% of merchandise exports.
Why it matters. Fuel contributes nothing to Cabo Verde's goods export earnings, so swings in world oil prices leave that income unchanged. Firms and the state that rely on merchandise exports earn from other products. Fuel export revenue is a line the country can leave out of its trade planning.
| Period | Fuel exports · Cabo Verde |
|---|---|
| 2006 | 0% of merchandise exports |
| 2007 | 0% of merchandise exports |
| 2009 | 0% of merchandise exports |
| 2010 | 0% of merchandise exports |
| 2011 | 0% of merchandise exports |
| 2012 | 0% of merchandise exports |
| 2019 | 0% of merchandise exports |
| 2021 | 0% of merchandise exports |
| 2022 | 0% of merchandise exports |
| 2023 | 0% of merchandise exports |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Every change is logged in Corrections. How the figure is made: Methodology.
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Strata-AF™ Data, Fuel exports, Cabo Verde, 2023; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/business/fuel-exports/cabo-verde
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
Strata AI commentary is coming — reviewed, dated, and generated only from the figures on this page.
Methodology
Fuel exports as a share of merchandise exports. Unit: % of merchandise exports.
Source: World Bank, World Development Indicators (series TX.VAL.FUEL.ZS.UN), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.