Fiji (FJI) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

About

Fiji-Venezuela Trade: In 2017, Fiji exported $122 to Venezuela. The main products that Fiji exported to Venezuela were N/A. Over the past 14 years the exports of Fiji to Venezuela have decreased at an annualized rate of 20.5%, from $3.05k in 2003 to $122 in 2017.

In 2017, Fiji did not export any services to Venezuela.

Venezuela-Fiji Trade: In 2017, Venezuela exported $931 to Fiji. The main products that Venezuela exported to Fiji were Processed Crustaceans ($931). Over the past 14 years the exports of Venezuela to Fiji have decreased at an annualized rate of 31.8%, from $6.31k in 2003 to $931 in 2017.

In 2017, Venezuela did not export any services to Fiji.

Comparison In 2022, Fiji ranked 155 in total exports ($1.3B), 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 2017, Fiji exported $122 to Venezuela. There were not main exports from Fiji to Venezuela in 2017. During the last 14 years the exports of Fiji to Venezuela have decreased at an annualized rate of 20.5%, from $3.05k in 2003 to $122 in 2017.

In 2017, Venezuela exported $931 to Fiji. The main products exported from Venezuela to Fiji were Processed Crustaceans ($931). During the last 5 years the exports of Venezuela to Fiji have decreased at an annualized rate of 31.8%, from $6.31k in 2022 to $931 in 2017.

Exports from Fiji () to Venezuela () (2022)

Exports from Venezuela () to Fiji () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Fiji
Top DestinationUnited States$511M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Fiji than Venezuela included Australia ($142M), United States ($511M), and Tonga ($71M).

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

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

Comparative Advantage Fiji - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Fiji had a large net trade with Venezuela in the exports of .

During 2017, Venezuela had a large net trade with Fiji in the exports of Foodstuffs ($931).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Fiji () to Venezuela () (2022)

Exports from Venezuela () to Fiji () (2022)

Market Competitiveness

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

Comparative Advantage Fiji - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Fiji () and Venezuela () (2022)

Keep Exploring