Kazakhstan (KAZ) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Kazakhstan-Venezuela Trade: In 2018, Kazakhstan exported $450 to Venezuela. The main products that Kazakhstan exported to Venezuela were N/A. Over the past 5 years the exports of Kazakhstan to Venezuela have decreased at an annualized rate of 49.4%, from $13.6k in 2013 to $450 in 2018.

In 2018, Kazakhstan did not export any services to Venezuela.

Venezuela-Kazakhstan In N/A, Venezuela did not export any products to Kazakhstan.

In 2018, Venezuela did not export any services to Kazakhstan.

Comparison: In 2022, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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 2018, Kazakhstan exported $450 to Venezuela. There were not main exports from Kazakhstan to Venezuela in 2018. During the last 5 years the exports of Kazakhstan to Venezuela have decreased at an annualized rate of 49.4%, from $13.6k in 2013 to $450 in 2018.

Venezuela does not register exports to Kazakhstan. The main products exported from Venezuela to Kazakhstan were Hard Liquor ($2.93k), Iron Fasteners ($678), and Copper Fasteners ($496).

Exports from Kazakhstan () to Venezuela () (2022)

Exports from Venezuela () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Venezuela ()

Kazakhstan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kazakhstan
Top DestinationChina$13.4B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Kazakhstan than Venezuela included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

In 2022, countries that imported more from Venezuela than Kazakhstan included Brazil ($361M), Lebanon ($150M), and Colombia ($99.8M).

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

Comparative Advantage Kazakhstan - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2018, Kazakhstan had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Kazakhstan () to Venezuela () (2022)

Exports from Venezuela () to Kazakhstan () (2022)

Latest Data

Trade between Kazakhstan () and Venezuela ()

Kazakhstan Exports

Market Competitiveness

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

Comparative Advantage Kazakhstan - Venezuela

Economic Complexity

Competitive Landscape

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

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