Greece (GRC) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Greece-Venezuela In 2022, Greece exported $2.18M to Venezuela. The main products that Greece exported to Venezuela are Building Stone ($371k), Packaged Medicaments ($301k), and Beauty Products ($260k). During the last 27 years the exports of Greece to Venezuela have increased at an annualized rate of 0.26%, from $2.03M in 1995 to $2.18M in 2022.

In 2020, Greece exported services to Venezuela worth $129M, with Transportation ($129M) being the largest in terms of value.

Venezuela-Greece In 2022, Venezuela exported $2.39M to Greece. The main products that Venezuela exported to Greece were Hard Liquor ($1.21M), Scrap Aluminium ($871k), and Acyclic Alcohols ($180k). During the last 27 years the exports of Venezuela to Greece have decreased at an annualized rate of 3.09%, from $5.57M in 1995 to $2.39M in 2022.

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

Comparison In 2022, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B). That same year, Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $2.18M to Venezuela. The main products exported from Greece to Venezuela were Building Stone ($371k), Packaged Medicaments ($301k), and Beauty Products ($260k). During the last 27 years the exports of Greece to Venezuela have increased at an annualized rate of 0.26%, from $2.03M in 1995 to $2.18M in 2022.

In 2022, Venezuela exported $2.39M to Greece. The main products exported from Venezuela to Greece were Hard Liquor ($1.21M), Scrap Aluminium ($871k), and Acyclic Alcohols ($180k). During the last 27 years the exports of Venezuela to Greece have decreased at an annualized rate of 3.09%, from $5.57M in 1995 to $2.39M in 2022.

Exports from Greece () to Venezuela () (2022)

Exports from Venezuela () to Greece () (2022)

Latest Data

Trade between Greece () and Venezuela ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Venezuela
Top DestinationChina$703M

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

In 2021, countries that imported more from Greece than Venezuela were Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

In 2021, countries that imported more from Venezuela than Greece were Brazil ($361M), China ($703M), and Colombia ($99.8M).

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

Comparative Advantage Greece - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Venezuela in the exports of Chemical Products ($905k), Stone And Glass ($371k), and Machines ($339k).

During 2022, Venezuela had a large net trade with Greece in the exports of Foodstuffs ($1.21M), Metals ($871k), and Chemical Products ($180k).

Service Trade

Bilateral Service Trade

Grc Year

In 2020, Greece exported services to Venezuela worth $129M, with Transportation ($129M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Venezuela () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Greece has comparative advantage over Venezuela. Similarly, the more yellow a dot/product is, the more Venezuela has comparative advantage over Greece.

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Venezuela () (2022)

Exports from Venezuela () to Greece () (2022)

Latest Data

Trade between Greece () and Venezuela ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Greece - Venezuela

Service Trade

Bilateral Service Trade

Services Exports from Greece () to Venezuela () (2020)

Economic Complexity

Competitive Landscape

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

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