2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Venezuela-Republic of the Congo Trade: In 2021, Venezuela exported $43.8k to Republic of the Congo. The main products that Venezuela exported to Republic of the Congo were N/A. Over the past 5 years the exports of Venezuela to Republic of the Congo have increased at an annualized rate of 28%, from $12.8k in 2016 to $43.8k in 2021.

In 2021, Venezuela did not export any services to Republic of the Congo.

Republic of the Congo-Venezuela Trade: In 2021, Republic of the Congo exported $5.33k to Venezuela. The main products that Republic of the Congo exported to Venezuela were N/A. Over the past 5 years the exports of Republic of the Congo to Venezuela have decreased at an annualized rate of 60.5%,  from $557k in 2016 to $5.33k in 2021.

In 2021, Republic of the Congo did not export any services to Venezuela.

Comparison: In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Venezuela exported $43.8k to Republic of the Congo. There were not main exports from Venezuela to Republic of the Congo in 2021. During the last 5 years the exports of Venezuela to Republic of the Congo have increased at an annualized rate of 28%, from $12.8k in 2016 to $43.8k in 2021.

In 2014, Republic of the Congo exported $5.33k to Venezuela. There were not main exports from Republic of the Congo to Venezuela in 2014. During the last 5 years the exports of Republic of the Congo to Venezuela have decreased at an annualized rate of 60.5%, from $557k in 2019 to $5.33k in 2014.

Exports from Venezuela (Flag) to Republic of the Congo (Flag) (2021)

Exports from Republic of the Congo (Flag) to Venezuela (Flag) (2021)

Latest Data

Trade between Venezuela (Flag) and Republic of the Congo (Flag)

Republic of the Congo Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Republic of the Congo
Top Destination
China$4.82B

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

In 2022, countries that imported more from Venezuela than Republic of the Congo included Turkey ($597M), Spain ($518M), and United States ($438M).

In 2022, countries that imported more from Republic of the Congo than Venezuela included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Venezuela (Flag) (2022)

Comparative Advantage Venezuela - Republic of the Congo

Flow
Scale

This chart compares trade between Venezuela and Republic of the Congo by product, considering products traded by both, Venezuela and Republic of the Congo.

During 2021, Venezuela had a large net trade with Republic of the Congo in the exports of .

During 2014, Republic of the Congo had a large net trade with Venezuela in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Republic of the Congo+N/AN/A
Top Product Potential Republic of the Congo Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Republic of the Congo (Flag) (2021)

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