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ExportsVenezuela-Spain Trade: In 2023, Venezuela exported $670M to Spain. The main products that Venezuela exported to Spain were Crude Petroleum ($586M), Crustaceans ($35.1M), and Raw Aluminium ($20.2M). Over the past 5 years the exports of Venezuela to Spain have increased at an annualized rate of 15.9%, from $320M in 2018 to $670M in 2023.
In 2023, Venezuela did not export any services to Spain.
Spain-Venezuela Trade: In 2023, Spain exported $146M to Venezuela. The main products that Spain exported to Venezuela were Refined Petroleum ($11.6M), Unglazed Ceramics ($8.13M), and Wine ($4.88M). Over the past 5 years the exports of Spain to Venezuela have decreased at an annualized rate of 5.68%, from $196M in 2018 to $146M in 2023.
In 2009, Spain exported services to Venezuela worth $1.4B, with Services not allocated ($908M), Travel ($350M), and Transportation ($146M) being the largest in terms of value.
Comparison: In 2023, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B). That same year, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).
