2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Algeria-Venezuela Trade: In 2016, Algeria exported $83 to Venezuela. The main products that Algeria exported to Venezuela were N/A. Over the past 7 years the exports of Algeria to Venezuela have decreased at an annualized rate of 66.4%, from $173k in 2009 to $83 in 2016.

In 2016, Algeria did not export any services to Venezuela.

Venezuela-Algeria Trade: In 2016, Venezuela exported $24.3M to Algeria. The main products that Venezuela exported to Algeria were N/A. Over the past 7 years the exports of Venezuela to Algeria have increased at an annualized rate of 73.2%,  from $19.3k in 2009 to $24.3M in 2016.

In 2016, Venezuela did not export any services to Algeria.

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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
Value

In 2016, Algeria exported $83 to Venezuela. There were not main exports from Algeria to Venezuela in 2016. During the last 7 years the exports of Algeria to Venezuela have decreased at an annualized rate of 66.4%, from $173k in 2009 to $83 in 2016.

In 2012, Venezuela exported $24.3M to Algeria. There were not main exports from Venezuela to Algeria in 2012. During the last 5 years the exports of Venezuela to Algeria have increased at an annualized rate of 73.2%, from $19.3k in 2017 to $24.3M in 2012.

Exports from Algeria (Flag) to Venezuela (Flag) (2017)

Exports from Venezuela (Flag) to Algeria (Flag) (2017)

Latest Data

Trade between Algeria (Flag) and Venezuela (Flag)

Algeria Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Algeria than Venezuela included Italy ($16.9B), France ($6.99B), and Spain ($7.11B).

In 2022, countries that imported more from Venezuela than Algeria included Guatemala ($84.5M), Montenegro ($75.9M), and Colombia ($99.8M).

Difference in imports from Venezuela (Flag) and Algeria (Flag) (2022)

Comparative Advantage Algeria - Venezuela

Flow
Scale

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

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

During 2012, Venezuela had a large net trade with Algeria in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Algeria (Flag) and Venezuela (Flag) (2017)

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