2022
Flag
 GDP
$47.5BCURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP GROWTH
50%CURRENT US$
Rnk 61 / 186
2022
Flag
GDP PC
$4,205CURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP PC GROWTH
-4.15%CURRENT US$
Rnk 152 / 186

About

Venezuela-Jordan Trade: In 2022, Venezuela exported $187k to Jordan. The main products that Venezuela exported to Jordan were Office Machine Parts ($176k), Dried Legumes ($6k), and Hard Liquor ($4.58k). Over the past 5 years the exports of Venezuela to Jordan have decreased at an annualized rate of 3.41%, from $222k in 2017 to $187k in 2022.

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

Jordan-Venezuela Trade: In 2022, Jordan exported $832k to Venezuela. The main products that Jordan exported to Venezuela were Synthetic Filament Yarn Woven Fabric ($252k), Baked Goods ($158k), and Nitrile Compounds ($139k). Over the past 5 years the exports of Jordan to Venezuela have increased at an annualized rate of 63.6%,  from $70.9k in 2017 to $832k in 2022.

In 2022, Jordan 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, Jordan ranked 63 in the Economic Complexity Index (ECI 0.049), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $187k to Jordan. The main products exported from Venezuela to Jordan were Office Machine Parts ($176k), Dried Legumes ($6k), and Hard Liquor ($4.58k). During the last 5 years the exports of Venezuela to Jordan have decreased at an annualized rate of 3.41%, from $222k in 2017 to $187k in 2022.

In 2017, Jordan exported $832k to Venezuela. The main products exported from Jordan to Venezuela were Synthetic Filament Yarn Woven Fabric ($252k), Baked Goods ($158k), and Nitrile Compounds ($139k). During the last 5 years the exports of Jordan to Venezuela have increased at an annualized rate of 63.6%, from $70.9k in 2022 to $832k in 2017.

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

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

Latest Data

Trade between Venezuela (Flag) and Jordan (Flag)

Jordan Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Jordan
Top Destination
United States$3.28B

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

In 2022, countries that imported more from Venezuela than Jordan included Turkey ($597M), Spain ($518M), and Colombia ($99.8M).

In 2022, countries that imported more from Jordan than Venezuela included United States ($3.28B), India ($2.31B), and Saudi Arabia ($1.22B).

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

Comparative Advantage Venezuela - Jordan

Flow
Scale

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

During 2022, Venezuela had a large net trade with Jordan in the exports of Machines ($176k), Vegetable Products ($6k), and Foodstuffs ($4.58k).

During 2017, Jordan had a large net trade with Venezuela in the exports of Textiles ($309k), Foodstuffs ($231k), and Chemical Products ($139k).

Economic Complexity

Competitive Landscape

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

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

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