New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2016
Flag → Flag
Exports $14.3MRnk 102 / 0
2016
Flag → Flag
Exports $2.38MRnk 10 / 79
2016
Flag → Flag
Top Product $1.46MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.9Rnk 99 / 124

About

Venezuela-Aruba In 2016, Venezuela exported $14.3M to Aruba. The main products that Venezuela exported to Aruba are N/A. During the last 20 years the exports of Venezuela to Aruba have decreased at an annualized rate of 14.4%, from $324M in 1996 to $14.3M in 2016.

In 2016, Venezuela did not export any services to Aruba.

Aruba-Venezuela In 2016, Aruba exported $2.38M to Venezuela. The main products that Aruba exported to Venezuela were Hard Liquor ($1.46M), Rolled Tobacco ($845k), and Other Rubber Products ($32.6k). During the last 20 years the exports of Aruba to Venezuela have decreased at an annualized rate of 1.66%, from $3.33M in 1996 to $2.38M in 2016.

In 2016, Aruba did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9),  and 132 in total exports ($4.3B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Venezuela exported $14.3M to Aruba. There were not main exports from Venezuela to Aruba in 2016. During the last 20 years the exports of Venezuela to Aruba have decreased at an annualized rate of 14.4%, from $324M in 1996 to $14.3M in 2016.

In 2022, Aruba exported $2.38M to Venezuela. The main products exported from Aruba to Venezuela were Hard Liquor ($1.46M), Rolled Tobacco ($845k), and Other Rubber Products ($32.6k). During the last 26 years the exports of Aruba to Venezuela have decreased at an annualized rate of 1.66%, from $3.33M in 1996 to $2.38M in 2022.

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

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

Latest Data

Trade between Venezuela (Flag) and Aruba (Flag)

Aruba Exports

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Aruba
Top DestinationColombia$49M

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

In 2021, countries that imported more from Venezuela than Aruba were China ($703M), Turkey ($597M), and Spain ($518M).

In 2021, countries that imported more from Aruba than Venezuela were Jordan ($13.2M), Curaçao ($5.8M), and Bonaire ($1.48M).

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

Comparative Advantage Venezuela - Aruba

Flow
Scale

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

During 2016, Venezuela had a large net trade with Aruba in the exports of .

During 2022, Aruba had a large net trade with Venezuela in the exports of Foodstuffs ($2.32M), Plastics and Rubbers ($32.7k), and Stone And Glass ($21.6k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Venezuela has comparative advantage over Aruba. Similarly, the more yellow a dot/product is, the more Aruba has comparative advantage over Venezuela.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms