2023
Exports
$2.01kWorld Rnk 122 / 140
Flag Rnk 497 / 650
falsefalse Costa Rica
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$269kWorld Rnk 108 / 191
Flag Rnk 711 / 1041
2023
ECONOMIC COMPLEXITY of Venezuela
-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $2.01k in Insect Resins, making it the 122nd largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 497th most exported product in Venezuela. The main destination of Insect Resins exports from Venezuela are: Costa Rica ($2.01k).

Imports In 2023, Venezuela imported $269k in Insect Resins, becoming the 108th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 711th most imported product in Venezuela. Venezuela imports Insect Resins primarily from: United States ($146k), Germany ($59.4k), France ($23.7k), Brazil ($19.9k), and India ($8.91k).

The fastest growing import markets in Insect Resins for Venezuela between 2022 and 2023 were United States ($146k), Brazil ($14.4k), and India ($8.54k).

Latest Trends

Dec 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 Insect Resins. 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 (2023)$2.01k
IMPORTS (2023)$269k
NET TRADE (2023)-$267k

In 2023, Venezuela exported $2.01k in Insect Resins. The main destinations of Venezuela exports on Insect Resins were Costa Rica ($2.01k).

In 2023, Venezuela imported $269k in Insect Resins, mainly from United States ($146k), Germany ($59.4k), France ($23.7k), Brazil ($19.9k), and India ($8.91k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Venezuela WERE (2022 - 2023):
Costa Rica-$290 (-12.6%)
Germany-$1 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Venezuela's main exporting competitors in Insect Resins were:
In 2023, Venezuela's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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