2023
Exports
$280MWorld Rnk 30 / 149
Flag Rnk 5 / 650
2023
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers
-1.31Rnk 901 / 1025
2023
Imports
$388kWorld Rnk 171 / 209
Flag Rnk 667 / 1041
2023
ECONOMIC COMPLEXITY of Venezuela
-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $280M in Nitrogenous Fertilizers, making it the 30th largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 5th most exported product in Venezuela. The main destination of Nitrogenous Fertilizers exports from Venezuela are: Brazil ($208M), Colombia ($39.6M), Turkey ($27.5M), and Chile ($4.41M).

The fastest growing export markets for Nitrogenous Fertilizers of Venezuela between 2022 and 2023 were Brazil ($46.1M), Turkey ($27.5M), and Colombia ($22.5M).

Imports In 2023, Venezuela imported $388k in Nitrogenous Fertilizers, becoming the 171st largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 667th most imported product in Venezuela. Venezuela imports Nitrogenous Fertilizers primarily from: Colombia ($304k), China ($28k), Spain ($20.3k), Brazil ($16.5k), and Germany ($14k).

The fastest growing import markets in Nitrogenous Fertilizers for Venezuela between 2022 and 2023 were Colombia ($93.9k), China ($28k), and Spain ($20.3k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Nitrogenous Fertilizers. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$280M
IMPORTS (2023)$388k
NET TRADE (2023)$279M

In 2023, Venezuela exported $280M in Nitrogenous Fertilizers. The main destinations of Venezuela exports on Nitrogenous Fertilizers were Brazil ($208M), Colombia ($39.6M), Turkey ($27.5M), and Chile ($4.41M).

In 2023, Venezuela imported $388k in Nitrogenous Fertilizers, mainly from Colombia ($304k), China ($28k), Spain ($20.3k), Brazil ($16.5k), and Germany ($14k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Venezuela WERE (2022 - 2023):
Brazil$46.1M (28.4%)
Turkey$27.5M (1%)
Colombia$22.5M (132%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitrogenous Fertilizers BY Venezuela WERE (2022 - 2023):
Guyana-$14M (-100%)
Cuba-$6.06M (-100%)
Uruguay-$1.56M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Venezuela's main exporting competitors in Nitrogenous Fertilizers were:
Russia $5.34B
China $5.05B
Oman $2.61B
In 2023, Venezuela's main importing competitors in Nitrogenous Fertilizers were:

Explore Visualizations

Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with