Mauritania (MRT) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Mauritania-Venezuela Trade: In 2018, Mauritania exported $1.21k to Venezuela. The main products that Mauritania exported to Venezuela were N/A. Over the past 6 years the exports of Mauritania to Venezuela have decreased at an annualized rate of 61%, from $346k in 2012 to $1.21k in 2018.

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

Venezuela-Mauritania Trade: In 2018, Venezuela exported $25.9k to Mauritania. The main products that Venezuela exported to Mauritania were N/A. Over the past 6 years the exports of Venezuela to Mauritania have decreased at an annualized rate of 39%, from $305k in 2012 to $25.9k in 2018.

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

Comparison: In 2022, Mauritania ranked 121 in the Economic Complexity Index (ECI -1.28), and 126 in total exports ($4.9B). 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, Mauritania exported $1.21k to Venezuela. There were not main exports from Mauritania to Venezuela in 2018. During the last 6 years the exports of Mauritania to Venezuela have decreased at an annualized rate of 61%, from $346k in 2012 to $1.21k in 2018.

In 2015, Venezuela exported $25.9k to Mauritania. There were not main exports from Venezuela to Mauritania in 2015. During the last 5 years the exports of Venezuela to Mauritania have decreased at an annualized rate of 39%, from $305k in 2020 to $25.9k in 2015.

Exports from Mauritania () to Venezuela () (2020)

Exports from Venezuela () to Mauritania () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mauritania
Top DestinationChina$1.17B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Mauritania than Venezuela included Canada ($591M), United Arab Emirates ($578M), and China ($1.17B).

In 2022, countries that imported more from Venezuela than Mauritania included United States ($438M), Brazil ($361M), and Turkey ($597M).

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

Comparative Advantage Mauritania - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

During 2015, Venezuela had a large net trade with Mauritania in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Mauritania () to Venezuela () (2020)

Exports from Venezuela () to Mauritania () (2020)

Market Competitiveness

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

Comparative Advantage Mauritania - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mauritania () and Venezuela () (2020)

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