2022
Exports
$37.8kWorld Rnk 157 / 195
Flag Rnk 80 / 91
2022
PRODUCT COMPLEXITY IN Cereals
-0.36Rnk 663 / 1025
2022
Imports
$747MWorld Rnk 56 / 222
Flag Rnk 3 / 96
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $37.8k in Cereals, making it the 157th largest exporter of Cereals in the world. At the same year, Cereals was the 80th most exported product in Venezuela. The main destination of Cereals exports from Venezuela are: United States ($31.7k), Bahrain ($5.03k), Austria ($594), Maldives ($324), and Luxembourg ($111).

The fastest growing export markets for Cereals of Venezuela between 2021 and 2022 were United States ($17.7k), Bahrain ($5.03k), and Austria ($556).

Imports In 2022, Venezuela imported $747M in Cereals, becoming the 56th largest importer of Cereals in the world. At the same year, Cereals was the 3rd most imported product in Venezuela. Venezuela imports Cereals primarily from: United States ($229M), Brazil ($198M), Canada ($106M), Guyana ($95.3M), and Uruguay ($53M).

The fastest growing import markets in Cereals for Venezuela between 2021 and 2022 were Brazil ($97.6M), Argentina ($30.8M), and Uruguay ($23.8M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cereals. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$37.8k
IMPORTS (2022)$747M
NET TRADE (2022)-$747M

In 2022, Venezuela exported $37.8k in Cereals. The main destinations of Venezuela exports on Cereals were United States ($31.7k), Bahrain ($5.03k), Austria ($594), Maldives ($324), and Luxembourg ($111).

In 2022, Venezuela imported $747M in Cereals, mainly from United States ($229M), Brazil ($198M), Canada ($106M), Guyana ($95.3M), and Uruguay ($53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cereals EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$17.7k (126%)
Bahrain$5.03k (1%)
Austria$556 (1.46k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cereals BY Venezuela WERE (2021 - 2022):
Brazil-$31.7k (-100%)
Guatemala-$222 (-100%)
Spain-$106 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Cereals were:
In 2022, Venezuela's main importing competitors in Cereals were:
China $18.6B
Japan $8.51B
Mexico $7.82B

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Trade Value of Cereals by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Cereals’s highest export potential is N/A. With an export gap of N/A.   Cereals’s highest import potential is N/A with an import gap of N/A.

See methodology.

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