Venezuela (VEN) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Venezuela-Guinea Trade: In 2014, Venezuela exported $2.88M to Guinea. The main products that Venezuela exported to Guinea were N/A. Over the past 11 years the exports of Venezuela to Guinea have increased at an annualized rate of 61.7%, from $14.6k in 2003 to $2.88M in 2014.

In 2014, Venezuela did not export any services to Guinea.

Guinea-Venezuela In N/A, Guinea did not export any products to Venezuela.

In 2014, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2014, Venezuela exported $2.88M to Guinea. There were not main exports from Venezuela to Guinea in 2014. During the last 11 years the exports of Venezuela to Guinea have increased at an annualized rate of 61.7%, from $14.6k in 2003 to $2.88M in 2014.

Guinea does not register exports to Venezuela.

Exports from Venezuela () to Guinea () (2014)

Exports from Guinea () to Venezuela () (2014)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Venezuela than Guinea included Turkey ($597M), United States ($438M), and Brazil ($361M).

In 2022, countries that imported more from Guinea than Venezuela included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

Difference in imports from Guinea () and Venezuela () (2022)

Comparative Advantage Venezuela - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Guinea () (2014)

Exports from Guinea () to Venezuela () (2014)

Market Competitiveness

Difference in imports from Guinea () and Venezuela () (2022)

Comparative Advantage Venezuela - Guinea

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Guinea () (2014)

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