2022
Exports
$171MWorld Rnk 67 / 175
Flag Rnk 6 / 91
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$27.5MWorld Rnk 139 / 223
Flag Rnk 54 / 96
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $171M in Fertilizers, making it the 67th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 6th most exported product in Venezuela. The main destination of Fertilizers exports from Venezuela are: Brazil ($141M), Colombia ($15.2M), Guyana ($12.2M), Uruguay ($1.34M), and Italy ($1.26M).

The fastest growing export markets for Fertilizers of Venezuela between 2021 and 2022 were Brazil ($91.1M), Colombia ($15.2M), and Guyana ($2.49M).

Imports In 2022, Venezuela imported $27.5M in Fertilizers, becoming the 139th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 54th most imported product in Venezuela. Venezuela imports Fertilizers primarily from: Colombia ($20.9M), Turkey ($4.65M), Spain ($820k), United States ($277k), and Brazil ($273k).

The fastest growing import markets in Fertilizers for Venezuela between 2021 and 2022 were Colombia ($13.9M), Israel ($172k), and South Africa ($150k).

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 Fertilizers. 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)$171M
IMPORTS (2022)$27.5M
NET TRADE (2022)$144M

In 2022, Venezuela exported $171M in Fertilizers. The main destinations of Venezuela exports on Fertilizers were Brazil ($141M), Colombia ($15.2M), Guyana ($12.2M), Uruguay ($1.34M), and Italy ($1.26M).

In 2022, Venezuela imported $27.5M in Fertilizers, mainly from Colombia ($20.9M), Turkey ($4.65M), Spain ($820k), United States ($277k), and Brazil ($273k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Brazil$91.1M (182%)
Colombia$15.2M (1%)
Guyana$2.49M (25.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Venezuela WERE (2021 - 2022):
Turkey-$5.88M (-100%)
Argentina-$2.27M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Venezuela's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
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N/A
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N/AN/A

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

See methodology.

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