2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
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GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
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GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Venezuela-Netherlands In 2022, Venezuela exported $175M to Netherlands. The main products that Venezuela exported to Netherlands are Acyclic Alcohols ($84.5M), Crustaceans ($70.1M), and Ferroalloys ($6.82M). During the last 27 years the exports of Venezuela to Netherlands have decreased at an annualized rate of 2.6%, from $357M in 1995 to $175M in 2022.

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

Netherlands-Venezuela In 2022, Netherlands exported $40.2M to Venezuela. The main products that Netherlands exported to Venezuela were Other Agricultural Machinery ($8.39M), Malt ($4.93M), and Other Frozen Vegetables ($4.34M). During the last 27 years the exports of Netherlands to Venezuela have decreased at an annualized rate of 5.21%, from $170M in 1995 to $40.2M in 2022.

In 2020, Netherlands exported services to Venezuela worth $29.7M, with Other business services ($27.8M), Transportation ($1.26M), and Travel ($457k) being the largest in terms of value.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $175M to Netherlands. The main products exported from Venezuela to Netherlands were Acyclic Alcohols ($84.5M), Crustaceans ($70.1M), and Ferroalloys ($6.82M). During the last 27 years the exports of Venezuela to Netherlands have decreased at an annualized rate of 2.6%, from $357M in 1995 to $175M in 2022.

In 2022, Netherlands exported $40.2M to Venezuela. The main products exported from Netherlands to Venezuela were Other Agricultural Machinery ($8.39M), Malt ($4.93M), and Other Frozen Vegetables ($4.34M). During the last 27 years the exports of Netherlands to Venezuela have decreased at an annualized rate of 5.21%, from $170M in 1995 to $40.2M in 2022.

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

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

Latest Data

Trade between Venezuela (Flag) and Netherlands (Flag)

Netherlands Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Netherlands
Top Destination
Germany$131B

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

In 2021, countries that imported more from Venezuela than Netherlands were Montenegro ($75.9M).

In 2021, countries that imported more from Netherlands than Venezuela were Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Venezuela - Netherlands

Flow
Scale

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

During 2022, Venezuela had a large net trade with Netherlands in the exports of Chemical Products ($84.6M), Animal Products ($70.1M), and Metals ($12M).

During 2022, Netherlands had a large net trade with Venezuela in the exports of Machines ($10.4M), Chemical Products ($7.57M), and Foodstuffs ($6.92M).

Service Trade

Bilateral Service Trade

In 2020, Netherlands exported services to Venezuela worth $29.7M, with Other business services ($27.8M), Transportation ($1.26M), and Travel ($457k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Netherlands (Flag) to Venezuela (Flag) (2020)

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

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

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