Venezuela (VEN) and Uganda (UGA) Trade | The Observatory of Economic Complexity

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Venezuela-Uganda Trade: In 2023, Venezuela exported $133k to Uganda. The main products that Venezuela exported to Uganda were Equine and Bovine Hides ($133k). Over the past 7 years the exports of Venezuela to Uganda have increased at an annualized rate of 134%, from $345 in 2016 to $133k in 2023.

In 2023, Venezuela did not export any services to Uganda.

Uganda-Venezuela Trade: In 2023, Uganda exported $2.6k to Venezuela. The main products that Uganda exported to Venezuela were N/A. Over the past 7 years the exports of Uganda to Venezuela have increased at an annualized rate of 0.85%, from $2.41k in 2016 to $2.6k in 2023.

In 2023, Uganda 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, Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Venezuela exported $133k to Uganda. The main products exported from Venezuela to Uganda were Equine and Bovine Hides ($133k). During the last 7 years the exports of Venezuela to Uganda have increased at an annualized rate of 134%, from $345 in 2016 to $133k in 2023.

In 2009, Uganda exported $2.6k to Venezuela. There were not main exports from Uganda to Venezuela in 2009. During the last 5 years the exports of Uganda to Venezuela have increased at an annualized rate of 0.85%, from $2.41k in 2014 to $2.6k in 2009.

Exports from Venezuela () to Uganda () (2023)

Exports from Uganda () to Venezuela () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationUnited States$3.81B

Uganda
Top DestinationIndia$1.5B

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

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

In 2023, countries that imported more from Uganda than Venezuela included India ($1.5B), United Arab Emirates ($1.13B), and Hong Kong ($727M).

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

Comparative Advantage Venezuela - Uganda

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Venezuela had a large net trade with Uganda in the exports of Animal Hides ($133k).

During 2009, Uganda 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 Uganda. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Uganda. Similarly, a dot/product with the flag of Uganda indicates it has a comparative advantage over Venezuela.

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Uganda () (2023)

Exports from Uganda () to Venezuela () (2023)

Market Competitiveness

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

Comparative Advantage Venezuela - Uganda

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Uganda () (2023)

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