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2023
Flag → Flag
Exports $269kRnk 97 / 152
2023
Flag → Flag
Top Product $269kCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $46kRnk 96 / 122
2023
Flag → Flag
Top Product $33kBedspreads
2023
Flag
Economic Complexity (ECI) ECI -1.27Rnk 122 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag  
GDP$21BCURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP GROWTH21.8%CURRENT US$
Rnk 134 / 195
2023
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GDP PC $623CURRENT US$
Rnk 189 / 195
2013-2023
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GDP PC GROWTH-9.25%CURRENT US$
Rnk 167 / 195

About

Mozambique-Venezuela Trade: In 2023, Mozambique exported $269k to Venezuela. The main products that Mozambique exported to Venezuela were Coconuts, Brazil Nuts, and Cashews ($269k). Over the past 13 years the exports of Mozambique to Venezuela have increased at an annualized rate of 29.8%, from $9.02k in 2010 to $269k in 2023.

In 2023, Mozambique did not export any services to Venezuela.

Venezuela-Mozambique Trade: In 2023, Venezuela exported $46k to Mozambique. The main products that Venezuela exported to Mozambique were Bedspreads ($33k), Electric Batteries ($6k), and Other Rubber Products ($4k). Over the past 13 years the exports of Venezuela to Mozambique have increased at an annualized rate of 161%,  from $145 in 2010 to $46k in 2023.

In 2023, Venezuela did not export any services to Mozambique.

Comparison: In 2023,  Mozambique ranked 122 in the Economic Complexity Index (ECI -1.27), and 97 in total exports ($11.8B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Mozambique exported $269k to Venezuela. The main products exported from Mozambique to Venezuela were Coconuts, Brazil Nuts, and Cashews ($269k). During the last 13 years the exports of Mozambique to Venezuela have increased at an annualized rate of 29.8%, from $9.02k in 2010 to $269k in 2023.

In 2018, Venezuela exported $46k to Mozambique. The main products exported from Venezuela to Mozambique were Bedspreads ($33k), Electric Batteries ($6k), and Other Rubber Products ($4k). During the last 5 years the exports of Venezuela to Mozambique have increased at an annualized rate of 161%, from $145 in 2023 to $46k in 2018.

Exports from Mozambique (Flag) to Venezuela (Flag) (2023)

Exports from Venezuela (Flag) to Mozambique (Flag) (2023)

Latest Data

Trade between Mozambique (Flag) and Venezuela (Flag)

Mozambique Exports

Market Competitiveness

Color
Mozambique
Top DestinationIndia$2.13B
Venezuela
Top DestinationUnited States$3.81B

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

In 2023, countries that imported more from Mozambique than Venezuela included India ($2.13B), South Africa ($1.04B), and China ($1.56B).

In 2023, countries that imported more from Venezuela than Mozambique included United States ($3.81B), Brazil ($468M), and Spain ($670M).

Difference in imports from Venezuela (Flag) and Mozambique (Flag) (2023)

Comparative Advantage Mozambique - Venezuela

Flow
Scale

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

During 2023, Mozambique had a large net trade with Venezuela in the exports of Vegetable Products ($269k).

During 2018, Venezuela had a large net trade with Mozambique in the exports of Textiles ($33k), Machines ($9k), and Plastics and Rubbers ($4k).

Economic Complexity

Competitive Landscape

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

Product Space of Mozambique (Flag) and Venezuela (Flag) (2023)

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