New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $9.97MRnk 36 / 126
2022
Flag → Flag
Top Product $5.88MCocoa Beans
2022
Flag → Flag
Exports $17.6MRnk 140 / 216
2022
Flag → Flag
Top Product $8.41MSoap
2022
Flag
Economic Complexity (ECI) ECI -0.9Rnk 99 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.078Rnk 67 / 124
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Venezuela-Indonesia In 2022, Venezuela exported $9.97M to Indonesia. The main products that Venezuela exported to Indonesia are Cocoa Beans ($5.88M), Dried Legumes ($3.26M), and Equine and Bovine Hides ($552k). During the last 27 years the exports of Venezuela to Indonesia have increased at an annualized rate of 1.54%, from $6.61M in 1995 to $9.97M in 2022.

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

Indonesia-Venezuela In 2022, Indonesia exported $17.6M to Venezuela. The main products that Indonesia exported to Venezuela were Soap ($8.41M), Non-Retail Synthetic Staple Fibers Yarn ($5.13M), and Uncoated Paper ($432k). During the last 27 years the exports of Indonesia to Venezuela have decreased at an annualized rate of 0.48%, from $20M in 1995 to $17.6M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $9.97M to Indonesia. The main products exported from Venezuela to Indonesia were Cocoa Beans ($5.88M), Dried Legumes ($3.26M), and Equine and Bovine Hides ($552k). During the last 27 years the exports of Venezuela to Indonesia have increased at an annualized rate of 1.54%, from $6.61M in 1995 to $9.97M in 2022.

In 2022, Indonesia exported $17.6M to Venezuela. The main products exported from Indonesia to Venezuela were Soap ($8.41M), Non-Retail Synthetic Staple Fibers Yarn ($5.13M), and Uncoated Paper ($432k). During the last 27 years the exports of Indonesia to Venezuela have decreased at an annualized rate of 0.48%, from $20M in 1995 to $17.6M in 2022.

Exports from Venezuela (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Venezuela (Flag) (2022)

Latest Data

Trade between Venezuela (Flag) and Indonesia (Flag)

Indonesia Exports

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Indonesia
Top DestinationChina$67.7B

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

In 2021, countries that imported more from Venezuela than Indonesia were Montenegro ($75.9M), Lebanon ($150M), and Guyana ($28.9M).

In 2021, countries that imported more from Indonesia than Venezuela were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Venezuela - Indonesia

Flow
Scale

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

During 2022, Venezuela had a large net trade with Indonesia in the exports of Foodstuffs ($5.97M), Vegetable Products ($3.26M), and Animal Hides ($731k).

During 2022, Indonesia had a large net trade with Venezuela in the exports of Chemical Products ($8.58M), Textiles ($6.36M), and Machines ($974k).

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

Product Space of Venezuela (Flag) and Indonesia (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms