2022
Exports
$27MWorld Rnk 93 / 218
Flag Rnk 17 / 91
2022
PRODUCT COMPLEXITY IN Coffee, tea, mate & spices
-1.2Rnk 880 / 1025
2022
Imports
$7.9MWorld Rnk 145 / 224
Flag Rnk 67 / 96
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $27M in Coffee, tea, mate & spices, making it the 93rd largest exporter of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 17th most exported product in Venezuela. The main destination of Coffee, tea, mate & spices exports from Venezuela are: United States ($20.4M), Germany ($4.21M), Belgium ($716k), France ($490k), and Serbia ($352k).

The fastest growing export markets for Coffee, tea, mate & spices of Venezuela between 2021 and 2022 were United States ($14.1M), Belgium ($638k), and France ($490k).

Imports In 2022, Venezuela imported $7.9M in Coffee, tea, mate & spices, becoming the 145th largest importer of Coffee, tea, mate & spices in the world. At the same year, Coffee, tea, mate & spices was the 67th most imported product in Venezuela. Venezuela imports Coffee, tea, mate & spices primarily from: Vietnam ($1.94M), India ($1.1M), China ($897k), Italy ($880k), and Germany ($780k).

The fastest growing import markets in Coffee, tea, mate & spices for Venezuela between 2021 and 2022 were Vietnam ($997k), India ($655k), and China ($523k).

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 Coffee, tea, mate & spices. 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)$27M
IMPORTS (2022)$7.9M
NET TRADE (2022)$19.1M

In 2022, Venezuela exported $27M in Coffee, tea, mate & spices. The main destinations of Venezuela exports on Coffee, tea, mate & spices were United States ($20.4M), Germany ($4.21M), Belgium ($716k), France ($490k), and Serbia ($352k).

In 2022, Venezuela imported $7.9M in Coffee, tea, mate & spices, mainly from Vietnam ($1.94M), India ($1.1M), China ($897k), Italy ($880k), and Germany ($780k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee, tea, mate & spices EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$14.1M (221%)
Belgium$638k (812%)
France$490k (653k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee, tea, mate & spices BY Venezuela WERE (2021 - 2022):
Germany-$529k (-11.2%)
Chile-$92.9k (-99.8%)
United Kingdom-$17.8k (-85.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Coffee, tea, mate & spices were:
Brazil $9.34B
Vietnam $5.02B
India $4.23B
In 2022, Venezuela's main importing competitors in Coffee, tea, mate & spices were:

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Trade Value of Coffee, tea, mate & spices by Exporters

Potential Exports

Potential Exports

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

Coffee, tea, mate & spices’s highest export potential is N/A. With an export gap of N/A.   Coffee, tea, mate & spices’s highest import potential is N/A with an import gap of N/A.

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