Cameroon (CMR) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Cameroon-Venezuela Trade: In 2020, Cameroon exported $437k to Venezuela. The main products that Cameroon exported to Venezuela were N/A. Over the past 9 years the exports of Cameroon to Venezuela have increased at an annualized rate of 18.7%, from $93.2k in 2011 to $437k in 2020.

In 2020, Cameroon did not export any services to Venezuela.

Venezuela-Cameroon Trade: In 2020, Venezuela exported $1.53k to Cameroon. The main products that Venezuela exported to Cameroon were N/A. Over the past 9 years the exports of Venezuela to Cameroon have decreased at an annualized rate of 31.5%, from $10.1k in 2011 to $1.53k in 2020.

In 2020, Venezuela did not export any services to Cameroon.

Comparison: In 2022, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B). 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 2020, Cameroon exported $437k to Venezuela. There were not main exports from Cameroon to Venezuela in 2020. During the last 9 years the exports of Cameroon to Venezuela have increased at an annualized rate of 18.7%, from $93.2k in 2011 to $437k in 2020.

In 2016, Venezuela exported $1.53k to Cameroon. There were not main exports from Venezuela to Cameroon in 2016. During the last 5 years the exports of Venezuela to Cameroon have decreased at an annualized rate of 31.5%, from $10.1k in 2021 to $1.53k in 2016.

Exports from Cameroon () to Venezuela () (2021)

Exports from Venezuela () to Cameroon () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cameroon
Top DestinationNetherlands$1.31B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Cameroon than Venezuela included Netherlands ($1.31B), France ($1.02B), and India ($974M).

In 2022, countries that imported more from Venezuela than Cameroon included Turkey ($597M), Brazil ($361M), and United States ($438M).

Difference in imports from Venezuela () and Cameroon () (2022)

Comparative Advantage Cameroon - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Cameroon had a large net trade with Venezuela in the exports of .

During 2016, Venezuela had a large net trade with Cameroon in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cameroon () to Venezuela () (2021)

Exports from Venezuela () to Cameroon () (2021)

Market Competitiveness

Difference in imports from Venezuela () and Cameroon () (2022)

Comparative Advantage Cameroon - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cameroon () and Venezuela () (2021)

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