2022
Flag
 GDP
$237BCURRENT US$
Rnk 52 / 186
2012-2022
Flag
GDP GROWTH
27%CURRENT US$
Rnk 105 / 186
2022
Flag
GDP PC
$88,046CURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP PC GROWTH
-10.2%CURRENT US$
Rnk 163 / 186

About

Venezuela-Qatar Trade: In 2022, Venezuela exported $648k to Qatar. The main products that Venezuela exported to Qatar were Dried Legumes ($561k) and Wood Charcoal ($87.3k). Over the past 8 years the exports of Venezuela to Qatar have increased at an annualized rate of 37.5%, from $50.7k in 2014 to $648k in 2022.

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

Qatar-Venezuela Trade: In 2022, Qatar exported $3.79M to Venezuela. The main products that Qatar exported to Venezuela were N/A. Over the past 8 years the exports of Qatar to Venezuela have increased at an annualized rate of 140%,  from $48k in 2014 to $3.79M in 2022.

In 2022, Qatar 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, Qatar ranked 71 in the Economic Complexity Index (ECI -0.15), and 38 in total exports ($119B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $648k to Qatar. The main products exported from Venezuela to Qatar were Dried Legumes ($561k) and Wood Charcoal ($87.3k). During the last 8 years the exports of Venezuela to Qatar have increased at an annualized rate of 37.5%, from $50.7k in 2014 to $648k in 2022.

In 2012, Qatar exported $3.79M to Venezuela. There were not main exports from Qatar to Venezuela in 2012. During the last 5 years the exports of Qatar to Venezuela have increased at an annualized rate of 140%, from $48k in 2017 to $3.79M in 2012.

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

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

Latest Data

Trade between Venezuela (Flag) and Qatar (Flag)

Qatar Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Qatar
Top Destination
China$21.1B

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

In 2022, countries that imported more from Venezuela than Qatar included Lebanon ($150M), Colombia ($99.8M), and Guatemala ($84.5M).

In 2022, countries that imported more from Qatar than Venezuela included China ($21.1B), India ($17.4B), and Japan ($12B).

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

Comparative Advantage Venezuela - Qatar

Flow
Scale

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

During 2022, Venezuela had a large net trade with Qatar in the exports of Vegetable Products ($561k) and Wood Products ($87.3k).

During 2012, Qatar had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

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

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