Antigua and Barbuda (ATG) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

About

Antigua and Barbuda-Venezuela Trade: In 2022, Antigua and Barbuda exported $53k to Venezuela. The main products that Antigua and Barbuda exported to Venezuela were Refined Petroleum ($53k). Over the past 11 years the exports of Antigua and Barbuda to Venezuela have decreased at an annualized rate of 12.1%, from $219k in 2011 to $53k in 2022.

In 2022, Antigua and Barbuda did not export any services to Venezuela.

Venezuela-Antigua and Barbuda Trade: In 2022, Venezuela exported $12.5k to Antigua and Barbuda. The main products that Venezuela exported to Antigua and Barbuda were Equine and Bovine Hides ($10.3k), Hard Liquor ($1.38k), and Computers ($370). Over the past 11 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 43.7%, from $220k in 2011 to $12.5k in 2022.

In 2022, Venezuela did not export any services to Antigua and Barbuda.

Comparison In 2022, Antigua and Barbuda ranked 188 in total exports ($199M), and does not have data regarding Economic Complexity Index. That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Antigua and Barbuda exported $53k to Venezuela. The main products exported from Antigua and Barbuda to Venezuela were Refined Petroleum ($53k). During the last 11 years the exports of Antigua and Barbuda to Venezuela have decreased at an annualized rate of 12.1%, from $219k in 2011 to $53k in 2022.

In 2017, Venezuela exported $12.5k to Antigua and Barbuda. The main products exported from Venezuela to Antigua and Barbuda were Equine and Bovine Hides ($10.3k), Hard Liquor ($1.38k), and Computers ($370). During the last 5 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 43.7%, from $220k in 2022 to $12.5k in 2017.

Exports from Antigua and Barbuda () to Venezuela () (2022)

Exports from Venezuela () to Antigua and Barbuda () (2022)

Latest Data

Trade between Antigua and Barbuda () and Venezuela ()

Antigua and Barbuda Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Antigua and Barbuda
Top DestinationSuriname$54.9M

Venezuela
Top DestinationChina$703M

This map shows whether countries import more from Antigua and Barbuda or Venezuela. Each country is colored based on the difference in imports they receive from Antigua and Barbuda and Venezuela or the difference in the growth in imports.

In 2022, countries that imported more from Antigua and Barbuda than Venezuela included Suriname ($54.9M), Barbados ($10.1M), and Australia ($6.7M).

In 2022, countries that imported more from Venezuela than Antigua and Barbuda included China ($703M), Turkey ($597M), and Spain ($518M).

Difference in imports from Venezuela () and Antigua and Barbuda () (2022)

Comparative Advantage Antigua and Barbuda - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Antigua and Barbuda and Venezuela by product, considering products traded by both, Antigua and Barbuda and Venezuela.

During 2022, Antigua and Barbuda had a large net trade with Venezuela in the exports of Mineral Products ($53k).

During 2017, Venezuela had a large net trade with Antigua and Barbuda in the exports of Animal Hides ($10.3k), Foodstuffs ($1.67k), and Machines ($451).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Antigua and Barbuda and Venezuela. This means that a dot/product with the flag of Antigua and Barbuda indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Antigua and Barbuda.

About

Historical Data

Bilateral Trade by Products

Exports from Antigua and Barbuda () to Venezuela () (2022)

Exports from Venezuela () to Antigua and Barbuda () (2022)

Latest Data

Trade between Antigua and Barbuda () and Venezuela ()

Antigua and Barbuda Exports

Market Competitiveness

Difference in imports from Venezuela () and Antigua and Barbuda () (2022)

Comparative Advantage Antigua and Barbuda - Venezuela

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Antigua and Barbuda () and Venezuela () (2022)

Keep Exploring