Venezuela (VEN) and Syria (SYR) Trade | The Observatory of Economic Complexity

About

Venezuela-Syria Trade: In 2011, Venezuela exported $90k to Syria. The main products that Venezuela exported to Syria were N/A. Over the past 5 years the exports of Venezuela to Syria have decreased at an annualized rate of 25.2%, from $385k in 2006 to $90k in 2011.

In 2011, Venezuela did not export any services to Syria.

Syria-Venezuela Trade: In 2011, Syria exported $3.46M to Venezuela. The main products that Syria exported to Venezuela were N/A. Over the past 5 years the exports of Syria to Venezuela have decreased at an annualized rate of 14%, from $7.33M in 2006 to $3.46M in 2011.

In 2011, Syria did not export any services to Venezuela.

Comparison In 2023, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B). That same year, Syria ranked 155 in total exports ($1.27B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2011, Venezuela exported $90k to Syria. There were not main exports from Venezuela to Syria in 2011. During the last 5 years the exports of Venezuela to Syria have decreased at an annualized rate of 25.2%, from $385k in 2006 to $90k in 2011.

In 2008, Syria exported $3.46M to Venezuela. There were not main exports from Syria to Venezuela in 2008. During the last 5 years the exports of Syria to Venezuela have decreased at an annualized rate of 14%, from $7.33M in 2013 to $3.46M in 2008.

Exports from Venezuela () to Syria () (2013)

Exports from Syria () to Venezuela () (2013)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationUnited States$3.81B

Syria
Top DestinationTurkey$363M

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

In 2023, countries that imported more from Venezuela than Syria included United States ($3.81B), China ($739M), and Spain ($670M).

In 2023, countries that imported more from Syria than Venezuela included Saudi Arabia ($204M), Jordan ($64.2M), and United Arab Emirates ($69M).

Difference in imports from Syria () and Venezuela () (2023)

Comparative Advantage Venezuela - Syria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2011, Venezuela had a large net trade with Syria in the exports of .

During 2008, Syria had a large net trade with Venezuela 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 Syria. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Syria. Similarly, a dot/product with the flag of Syria indicates it has a comparative advantage over Venezuela.

About

Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Syria () (2013)

Exports from Syria () to Venezuela () (2013)

Market Competitiveness

Difference in imports from Syria () and Venezuela () (2023)

Comparative Advantage Venezuela - Syria

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Syria () (2013)

Keep Exploring