2022
Flag  
GDP
$51.7BCURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP GROWTH
-18.3%CURRENT US$
Rnk 179 / 186
2022
Flag
GDP PC 
$1,102CURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP PC GROWTH
-38.7%CURRENT US$
Rnk 181 / 186

About

Sudan-Venezuela Trade: In 2017, Sudan exported $14.5k to Venezuela. The main products that Sudan exported to Venezuela were N/A. Over the past 7 years the exports of Sudan to Venezuela have decreased at an annualized rate of 38.9%, from $457k in 2010 to $14.5k in 2017.

In 2017, Sudan did not export any services to Venezuela.

Venezuela-Sudan Trade: In 2017, Venezuela exported $51.2k to Sudan. The main products that Venezuela exported to Sudan were N/A. Over the past 7 years the exports of Venezuela to Sudan have decreased at an annualized rate of 30%,  from $304k in 2010 to $51.2k in 2017.

In 2017, Venezuela did not export any services to Sudan.

Comparison: In 2022,  Sudan ranked 123 in the Economic Complexity Index (ECI -1.35), and 123 in total exports ($5.52B). 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 2017, Sudan exported $14.5k to Venezuela. There were not main exports from Sudan to Venezuela in 2017. During the last 7 years the exports of Sudan to Venezuela have decreased at an annualized rate of 38.9%, from $457k in 2010 to $14.5k in 2017.

In 2013, Venezuela exported $51.2k to Sudan. There were not main exports from Venezuela to Sudan in 2013. During the last 5 years the exports of Venezuela to Sudan have decreased at an annualized rate of 30%, from $304k in 2018 to $51.2k in 2013.

Exports from Sudan (Flag) to Venezuela (Flag) (2018)

Exports from Venezuela (Flag) to Sudan (Flag) (2018)

Market Competitiveness

Color
Sudan
Top Destination
United Arab Emirates$2.38B
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Sudan than Venezuela included United Arab Emirates ($2.38B), Egypt ($429M), and Italy ($457M).

In 2022, countries that imported more from Venezuela than Sudan included Spain ($518M), United States ($438M), and Turkey ($597M).

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

Comparative Advantage Sudan - Venezuela

Flow
Scale

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

During 2017, Sudan had a large net trade with Venezuela in the exports of .

During 2013, Venezuela had a large net trade with Sudan in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Sudan (Flag) and Venezuela (Flag) (2018)

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