2022
Flag
 GDP
$1.92TCURRENT US$
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2012-2022
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GDP GROWTH
-22.1%CURRENT US$
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2022
Flag
GDP PC
$8,918CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
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About

Venezuela-Brazil In 2022, Venezuela exported $361M to Brazil. The main products that Venezuela exported to Brazil are N/A. During the last 27 years the exports of Venezuela to Brazil have decreased at an annualized rate of 5.11%, from $1.49B in 1995 to $361M in 2022.

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

Brazil-Venezuela In 2022, Brazil exported $1.33B to Venezuela. The main products that Brazil exported to Venezuela were Raw Sugar ($217M), Soybean Oil ($206M), and Malt Extract ($165M). During the last 27 years the exports of Brazil to Venezuela have increased at an annualized rate of 3.53%, from $521M in 1995 to $1.33B in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Latest Data

Trade between Venezuela (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Brazil
Top Destination
China$90.1B

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

In 2021, countries that imported more from Venezuela than Brazil were Montenegro ($75.9M).

In 2021, countries that imported more from Brazil than Venezuela were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

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 Brazil. Similarly, the more yellow a dot/product is, the more Brazil has comparative advantage over Venezuela.

Product Space of Venezuela (Flag) and Brazil (Flag) (NaN)

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