2015
Exports
$2.53kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2015
Imports
$408kWorld Rnk 91 / 189
Flag Rnk 649 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Imports In 2022, Venezuela imported $408k in Olive Oil, becoming the 91st largest importer of Olive Oil in the world. At the same year, Olive Oil was the 649th most imported product in Venezuela. Venezuela imports Olive Oil primarily from: Turkey ($189k), Spain ($122k), Italy ($91k), Portugal ($5.5k), and Austria ($2).

The fastest growing import markets in Olive Oil for Venezuela between 2021 and 2022 were Turkey ($184k), Italy ($46.2k), and Portugal ($5.5k).

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 Olive Oil. 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 (2015)$2.53k
IMPORTS (2022)$408k
NET TRADE (2022)-$408k

In 2022, Venezuela imported $408k in Olive Oil, mainly from Turkey ($189k), Spain ($122k), Italy ($91k), Portugal ($5.5k), and Austria ($2).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Venezuela's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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