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ExportsColombia-Venezuela Trade: In 2023, Colombia exported $673M to Venezuela. The main products that Colombia exported to Venezuela were Confectionery Sugar ($61.9M), Baked Goods ($27.8M), and Mixed Mineral or Chemical Fertilizers ($26.8M). Over the past 5 years the exports of Colombia to Venezuela have increased at an annualized rate of 13.7%, from $354M in 2018 to $673M in 2023.
In 2023, Colombia did not export any services to Venezuela.
Venezuela-Colombia Trade: In 2023, Venezuela exported $131M to Colombia. The main products that Venezuela exported to Colombia were Nitrogenous Fertilizers ($39.6M), Electric Batteries ($12.3M), and Tissue ($10.9M). Over the past 5 years the exports of Venezuela to Colombia have decreased at an annualized rate of 0.88%, from $137M in 2018 to $131M in 2023.
In 2023, Venezuela did not export any services to Colombia.
Comparison: In 2023, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).
