Venezuela / Chile

Venezuela-Chile Trade: In 2022, Venezuela exported $12.7M to Chile. The main products that Venezuela exported to Chile were Stranded Aluminium Wire ($1.77M), Cereal Flours ($1.53M), and Other Processed Fruits and Nuts ($1.39M). Over the past 5 years the exports of Venezuela to Chile have decreased at an annualized rate of 25.9%, from $56.7M in 2017 to $12.7M in 2022.

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

Chile-Venezuela Trade: In 2022, Chile exported $105M to Venezuela. The main products that Chile exported to Venezuela were Processed Tomatoes ($20.8M), Processed Cereals ($13.9M), and Apples and Pears ($9.63M). Over the past 5 years the exports of Chile to Venezuela have increased at an annualized rate of 9.53%,  from $66.3M in 2017 to $105M in 2022.

In 2009, Chile exported services to Venezuela worth $38.8M, with Transportation ($38.8M) being the largest in terms of value.

Comparison: In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).