2022
Exports | Imports
$13.4k | $1.73MWorld Rnk 153 / 200
Flag Rnk 373 / 665
World Rnk 130 / 220
Flag Rnk 430 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.9Rnk 99 / 124
2022
PRODUCT COMPLEXITY IN Navigation Equipment
0.98Rnk 180 / 1025

About

Exports In 2022, Venezuela exported $13.4k in Navigation Equipment, making it the 153rd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 373rd most exported product in Venezuela. The main destination of Navigation Equipment exports from Venezuela are: United States ($13.2k), Spain ($215), and Nepal ($8).

The fastest growing export markets for Navigation Equipment of Venezuela between 2021 and 2022 were United States ($8.15k), Spain ($215), and Nepal ($8).

Imports In 2022, Venezuela imported $1.73M in Navigation Equipment, becoming the 130th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 430th most imported product in Venezuela. Venezuela imports Navigation Equipment primarily from: China ($673k), Hong Kong ($498k), United States ($471k), Brazil ($28k), and Spain ($24.5k).

The fastest growing import markets in Navigation Equipment for Venezuela between 2021 and 2022 were Hong Kong ($478k), China ($419k), and United States ($320k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Navigation Equipment from Venezuela to the United States.

Latest Trends

Feb 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 Navigation Equipment. 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)$13.4k
IMPORTS (2022)$1.73M
NET TRADE (2022)-$1.71M

In 2022, Venezuela exported $13.4k in Navigation Equipment. The main destinations of Venezuela exports on Navigation Equipment were United States ($13.2k), Spain ($215), and Nepal ($8).

In 2022, Venezuela imported $1.73M in Navigation Equipment, mainly from China ($673k), Hong Kong ($498k), United States ($471k), Brazil ($28k), and Spain ($24.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$8.15k (163%)
Spain$215 (1%)
Nepal$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Venezuela WERE (2021 - 2022):
Chile-$1.5k (-100%)
France-$555 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Navigation Equipment were:
In 2022, Venezuela's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

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