Cape Verde

Cape Verde is a country that imports approximately 75% of food products. The fishing potential — mainly lobster and tuna — is absolutely not being used. Economic reforms are aimed at developing the private sector and attracting foreign investment. The future of the economy depends on tourism services, money transfers and the state program for economic development.

According to the 2007 estimate, there were about 196,000 employees in the country. The unemployment rate was 12% in 2014. Cape Verde became a WTO member in July 2008.

About 50% of the population is employed in agriculture. Cultivated lands occupy 10% of the country's territory, pineapples, bananas, legumes, cabbage, potatoes, cassava, corn, mangoes, coca nuts, coffee, castor oil, sugar cane and tomatoes are grown on them. There is also animal husbandry (cattle, sheep, donkeys and pigs).

The development of agriculture is hampered by frequent droughts. To provide the population with fresh water, seawater desalination plants are available on all islands of the country.

Fishing is poorly developed. Since 1990, fishermen from EU countries have been fishing for tuna in the waters of Cape Verde.

The industry is poorly developed. There are fish canneries, sewing and shoe factories, factories for assembling bicycles and motorcycles, factories for processing decorative stone, a building materials plant, a ship repair yard, a beer factory

Salt and pozzolan are also mined, which is used for cement production.

Almost all electricity is generated at thermal power plants using imported diesel fuel.

There are 7 airports in the country, including 4 international ones. Several ferries operate between the islands. There are no railways.

Consumer products such as shoes, garments, fish, and leather goods are exported.
Export partners: Spain, Poland, Portugal.

The following consumer products are imported: food, industrial products, transport equipment, fuel.
Import partners: Algeria, Portugal.