Sign In
Pricing

2022
Flag → Flag
Exports $1.62MRnk 142 / 191
2022
Flag → Flag
Top Product $1.06MRefined Petroleum
2022
Flag → Flag
Exports $2MRnk 53 / 126
2022
Flag → Flag
Top Product $1.24MAcyclic Alcohols
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC $4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Ukraine-Venezuela Trade: In 2022, Ukraine exported $1.62M to Venezuela. The main products that Ukraine exported to Venezuela were Refined Petroleum ($1.06M), Malt Extract ($207k), and Concentrated Milk ($188k). Over the past 5 years the exports of Ukraine to Venezuela have decreased at an annualized rate of 40.6%, from $22M in 2017 to $1.62M in 2022.

In 2022, Ukraine did not export any services to Venezuela.

Venezuela-Ukraine Trade: In 2022, Venezuela exported $2M to Ukraine. The main products that Venezuela exported to Ukraine were Acyclic Alcohols ($1.24M), Processed Crustaceans ($326k), and Aluminium Wire ($192k). Over the past 5 years the exports of Venezuela to Ukraine have increased at an annualized rate of 71.7%,  from $134k in 2017 to $2M in 2022.

In 2022, Venezuela did not export any services to Ukraine.

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). 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 2022, Ukraine exported $1.62M to Venezuela. The main products exported from Ukraine to Venezuela were Refined Petroleum ($1.06M), Malt Extract ($207k), and Concentrated Milk ($188k). During the last 5 years the exports of Ukraine to Venezuela have decreased at an annualized rate of 40.6%, from $22M in 2017 to $1.62M in 2022.

In 2017, Venezuela exported $2M to Ukraine. The main products exported from Venezuela to Ukraine were Acyclic Alcohols ($1.24M), Processed Crustaceans ($326k), and Aluminium Wire ($192k). During the last 5 years the exports of Venezuela to Ukraine have increased at an annualized rate of 71.7%, from $134k in 2022 to $2M in 2017.

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

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

Latest Data

Trade between Ukraine (Flag) and Venezuela (Flag)

Ukraine Exports

Market Competitiveness

Color
Ukraine
Top DestinationPoland$6.7B
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Ukraine than Venezuela included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Venezuela than Ukraine included Brazil ($361M), Montenegro ($75.9M), and Colombia ($99.8M).

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

Comparative Advantage Ukraine - Venezuela

Flow
Scale

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

During 2022, Ukraine had a large net trade with Venezuela in the exports of Mineral Products ($1.08M), Foodstuffs ($344k), and Animal Products ($188k).

During 2017, Venezuela had a large net trade with Ukraine in the exports of Chemical Products ($1.24M), Foodstuffs ($454k), and Metals ($192k).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms