2022
Flag  
GDP
$12.9BCURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP GROWTH
10.5%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC 
$10,216CURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP PC GROWTH
9.96%CURRENT US$
Rnk 117 / 186

About

Mauritius-Venezuela Trade: In 2021, Mauritius exported $23.9k to Venezuela. The main products that Mauritius exported to Venezuela were N/A. Over the past 11 years the exports of Mauritius to Venezuela have decreased at an annualized rate of 9.58%, from $72.4k in 2010 to $23.9k in 2021.

In 2021, Mauritius did not export any services to Venezuela.

Venezuela-Mauritius Trade: In 2021, Venezuela exported $18.7k to Mauritius. The main products that Venezuela exported to Mauritius were Office Machine Parts ($8.51k), Hard Liquor ($6.43k), and Dried Legumes ($3.63k). Over the past 11 years the exports of Venezuela to Mauritius have increased at an annualized rate of 0.21%,  from $18.5k in 2010 to $18.7k in 2021.

In 2021, Venezuela did not export any services to Mauritius.

Comparison In 2022,  Mauritius ranked 140 in total exports ($2.6B), and does not have data regarding Economic Complexity Index. 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
Value

In 2021, Mauritius exported $23.9k to Venezuela. There were not main exports from Mauritius to Venezuela in 2021. During the last 11 years the exports of Mauritius to Venezuela have decreased at an annualized rate of 9.58%, from $72.4k in 2010 to $23.9k in 2021.

In 2017, Venezuela exported $18.7k to Mauritius. The main products exported from Venezuela to Mauritius were Office Machine Parts ($8.51k), Hard Liquor ($6.43k), and Dried Legumes ($3.63k). During the last 5 years the exports of Venezuela to Mauritius have increased at an annualized rate of 0.21%, from $18.5k in 2022 to $18.7k in 2017.

Exports from Mauritius (Flag) to Venezuela (Flag) (2022)

Exports from Venezuela (Flag) to Mauritius (Flag) (2022)

Latest Data

Trade between Mauritius (Flag) and Venezuela (Flag)

Mauritius Exports

Market Competitiveness

Color
Mauritius
Top Destination
Zimbabwe$288M
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Mauritius than Venezuela included Zimbabwe ($288M), South Africa ($277M), and Madagascar ($209M).

In 2022, countries that imported more from Venezuela than Mauritius included China ($703M), Turkey ($597M), and Spain ($518M).

Difference in imports from Venezuela (Flag) and Mauritius (Flag) (2022)

Comparative Advantage Mauritius - Venezuela

Flow
Scale

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

During 2021, Mauritius had a large net trade with Venezuela in the exports of .

During 2017, Venezuela had a large net trade with Mauritius in the exports of Machines ($8.51k), Foodstuffs ($6.58k), and Vegetable Products ($3.63k).

Economic Complexity

Competitive Landscape

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

Product Space of Mauritius (Flag) and Venezuela (Flag) (2022)

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