Venezuela-Turkey Trade: In 2022, Venezuela exported $597M to Turkey. The main products that Venezuela exported to Turkey were Scrap Iron ($404M), Iron Reductions ($105M), and Petroleum Coke ($70.7M). Over the past 5 years the exports of Venezuela to Turkey have increased at an annualized rate of 42.5%, from $102M in 2017 to $597M in 2022.
In 2022, Venezuela did not export any services to Turkey.
Turkey-Venezuela Trade: In 2022, Turkey exported $366M to Venezuela. The main products that Turkey exported to Venezuela were Pasta ($116M), Wheat Flours ($90.1M), and Other Prepared Meat ($17.2M). Over the past 5 years the exports of Turkey to Venezuela have increased at an annualized rate of 57%, from $38.4M in 2017 to $366M in 2022.
In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).