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ExportsSingapore-Venezuela Trade: In 2023, Singapore exported $6.97M to Venezuela. The main products that Singapore exported to Venezuela were Concentrated Milk ($5.35M), Broadcasting Equipment ($738k), and Raw Zinc ($198k). Over the past 5 years the exports of Singapore to Venezuela have increased at an annualized rate of 1.82%, from $6.37M in 2018 to $6.97M in 2023.
In 2023, Singapore did not export any services to Venezuela.
Venezuela-Singapore Trade: In 2023, Venezuela exported $2.71M to Singapore. The main products that Venezuela exported to Singapore were Hard Liquor ($426k), Aircraft parts (gliders, balloons, and powered aircraft) ($336k), and Dried Legumes ($317k). Over the past 5 years the exports of Venezuela to Singapore have decreased at an annualized rate of 67.5%, from $749M in 2018 to $2.71M in 2023.
In 2023, Venezuela did not export any services to Singapore.
Comparison: In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).
