Mauritius (MUS) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Venezuela () (2022)

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

Latest Data

Trade between Mauritius () and Venezuela ()

Mauritius Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mauritius
Top DestinationZimbabwe$288M

Venezuela
Top DestinationChina$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 () and Mauritius () (2022)

Comparative Advantage Mauritius - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

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 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.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Mauritius () and Venezuela ()

Mauritius Exports

Market Competitiveness

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

Comparative Advantage Mauritius - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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