Key Market Indicators
Cabo Verdean fishing equipment imports are set to reach around $90,000 by 2026. Demand has grown steadily since 2002, with a 7% year on year increase. Japan, South Korea and Singapore are the top three countries importing the most fishing equipment from Cabo Verde. Cabo Verdean fishing equipment exports have seen a significant rise, jumping 45% in 2018 to reach almost $1.6 million. This is a remarkable increase compared to 2017 when the figure was $1.1 million.