Italy-Venezuela In 2022, Italy exported $134M to Venezuela. The main products that Italy exported to Venezuela are Other Furniture ($8.55M), Cars ($5.05M), and Industrial Food Preperation Machinery ($4.65M). During the last 27 years the exports of Italy to Venezuela have decreased at an annualized rate of 4.34%, from $446M in 1995 to $134M in 2022.
In 2020, Italy exported services to Venezuela worth $11.2M, with Other business services ($4.68M), Travel ($3.54M), and Communications services ($1.37M) being the largest in terms of value.
Venezuela-Italy In 2022, Venezuela exported $97.9M to Italy. The main products that Venezuela exported to Italy were Crude Petroleum ($58.7M), Hard Liquor ($16.4M), and Tanned Equine and Bovine Hides ($5.78M). During the last 27 years the exports of Venezuela to Italy have decreased at an annualized rate of 1.75%, from $158M in 1995 to $97.9M in 2022.
In 2022, Venezuela did not export any services to Italy.
Comparison In 2022, Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9), and 132 in total exports ($4.3B).