2022
Flag
 GDP
$45.6BCURRENT US$
Rnk 92 / 186
2012-2022
Flag
GDP GROWTH
66.8%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC
$964CURRENT US$
Rnk 170 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 83 / 186

About

Venezuela-Uganda Trade: In 2021, Venezuela exported $57.3k to Uganda. The main products that Venezuela exported to Uganda were N/A. Over the past 7 years the exports of Venezuela to Uganda have increased at an annualized rate of 124%, from $203 in 2014 to $57.3k in 2021.

In 2021, Venezuela did not export any services to Uganda.

Uganda-Venezuela Trade: In 2021, 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 0.95%,  from $2.41k in 2014 to $2.6k in 2021.

In 2021, Uganda 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, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Venezuela exported $57.3k to Uganda. There were not main exports from Venezuela to Uganda in 2021. During the last 7 years the exports of Venezuela to Uganda have increased at an annualized rate of 124%, from $203 in 2014 to $57.3k in 2021.

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 0.95%, from $2.41k in 2014 to $2.6k in 2009.

Exports from Venezuela (Flag) to Uganda (Flag) (2021)

Exports from Uganda (Flag) to Venezuela (Flag) (2021)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Uganda
Top Destination
United Arab Emirates$1.22B

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 2022, countries that imported more from Venezuela than Uganda included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Uganda than Venezuela included United Arab Emirates ($1.22B), Hong Kong ($350M), and Kenya ($312M).

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

Comparative Advantage Venezuela - Uganda

Flow
Scale

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

During 2021, Venezuela had a large net trade with Uganda in the exports of .

During 2009, Uganda had a large net trade with Venezuela in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Venezuela Uganda+N/AN/A
Top Product Potential Uganda Venezuela+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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.

Product Space of Venezuela (Flag) and Uganda (Flag) (2021)

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