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2022
Flag → Flag
Exports $115kRnk 7 / 0
2022
Flag → Flag
Exports $64.1kRnk 91 / 122
2022
Flag → Flag
Top Product $9.96kOther Furniture
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag  
GDP$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
GDP PC $29,219CURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP PC GROWTH8.26%CURRENT US$
Rnk 140 / 195

About

Bahrain-Venezuela Trade: In 2022, Bahrain exported $115k to Venezuela. The main products that Bahrain exported to Venezuela were N/A. Over the past 7 years the exports of Bahrain to Venezuela have decreased at an annualized rate of 2.63%, from $138k in 2015 to $115k in 2022.

In 2022, Bahrain did not export any services to Venezuela.

Venezuela-Bahrain Trade: In 2022, Venezuela exported $64.1k to Bahrain. The main products that Venezuela exported to Bahrain were Other Furniture ($9.96k), Rubber ($9.6k), and Dried Legumes ($7.53k). Over the past 7 years the exports of Venezuela to Bahrain have decreased at an annualized rate of 26.4%,  from $297k in 2015 to $64.1k in 2022.

In 2022, Venezuela did not export any services to Bahrain.

Comparison In 2023,  Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index. That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bahrain exported $115k to Venezuela. There were not main exports from Bahrain to Venezuela in 2022. During the last 7 years the exports of Bahrain to Venezuela have decreased at an annualized rate of 2.63%, from $138k in 2015 to $115k in 2022.

In 2018, Venezuela exported $64.1k to Bahrain. The main products exported from Venezuela to Bahrain were Other Furniture ($9.96k), Rubber ($9.6k), and Dried Legumes ($7.53k). During the last 5 years the exports of Venezuela to Bahrain have decreased at an annualized rate of 26.4%, from $297k in 2023 to $64.1k in 2018.

Exports from Bahrain (Flag) to Venezuela (Flag) (2023)

Exports from Venezuela (Flag) to Bahrain (Flag) (2023)

Latest Data

Trade between Bahrain (Flag) and Venezuela (Flag)

Bahrain Exports

Market Competitiveness

Color
Bahrain
Top DestinationUnited Arab Emirates$3.12B
Venezuela
Top DestinationUnited States$3.81B

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

In 2023, countries that imported more from Bahrain than Venezuela included United Arab Emirates ($3.12B), Saudi Arabia ($2.96B), and South Africa ($1.52B).

In 2023, countries that imported more from Venezuela than Bahrain included United States ($3.81B), China ($739M), and Spain ($670M).

Difference in imports from Venezuela (Flag) and Bahrain (Flag) (2023)

Comparative Advantage Bahrain - Venezuela

Flow
Scale

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

During 2022, Bahrain had a large net trade with Venezuela in the exports of .

During 2018, Venezuela had a large net trade with Bahrain in the exports of Plastics and Rubbers ($16.8k), Vegetable Products ($11.8k), and Miscellaneous ($10.9k).

Economic Complexity

Competitive Landscape

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

Product Space of Bahrain (Flag) and Venezuela (Flag) (2023)

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