India ↔ Cape Verde · trade flows.
Trade data is indicative. Verify current figures at dgft.gov.in and trade.ec.europa.eu before commercial use.
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Praia · Cape Verdean Escudo · pop. 0.6M · GDP USD 0.002T (178th). Member: ECOWAS observer. WTO member.
India–Cape Verde bilateral trade: USD 0.2B annually. FTA status: No FTA.
Trade data is indicative. Verify current figures at dgft.gov.in and trade.ec.europa.eu before commercial use.
India ↔ Cape Verde
No FTA
Local Agent
Recommended for first-entry into Cape Verde.
Documentation
Invoice, B/L, packing list, COO as minimum.
REQUIRED = legally mandatory · RECOMMENDED = strongly advised · OPTIONAL = sector-specific.
| Mandate | Commission | Context |
|---|---|---|
| Pharma | 3–5% | Growing demand |
| FMCG & Pharma | 3–5% | Established India export corridor |
| Risk | Assessment | Mitigation |
|---|---|---|
| Payment risk | Use LC or D/P. Check Coface country rating. | ECGC cover recommended. |
Possibility
Is this corridor structurally viable?
Yes — India–Cape Verde trade is active.
Probability
How likely to generate mandates?
Moderate to High for certified exporters.
Plausibility
Does the commercial logic hold?
India–Cape Verde trade is commercially coherent.
Product
Pharma, engineering goods, textiles, chemicals and agro-food.
Price
Indian products 25–45% below equivalent domestic costs in most categories.
Place
India manufacturing clusters → Cape Verde via applicable routes.
Promotion
Bilateral chambers, FICCI/CII missions, embassy commercial wings.
People
Vinod Kumar Jain — India. Amit Jain — EU/International.
Process
Three P filter → qualification → NCNDA → supply agreement → commission.
Physical Evidence
Compliance certificates, COO, commercial documentation.
Partners
FICCI, CII, EEPC, bilateral chambers.
Performance
2–4 mandates/year. Commission 3–8% of contract value.
Purpose
India manufacturing capability meets Cape Verde market needs.
✓ Success conditions
✗ Failure modes
Top verticals
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Discuss on the Forum →Not just bilateral India↔EU. AJG brokers all directions — Unilateral, Bilateral, Trilateral, Multilateral. Each route below is an active mandate configuration we work across both principals.
Trade Intelligence — Cape Verde
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