2022
Exports
$337MWorld Rnk 41 / 152
Flag Rnk 5 / 665
2022
PRODUCT COMPLEXITY IN Raw Aluminium
-1.12Rnk 859 / 1025
2022
Imports
$219kWorld Rnk 126 / 187
Flag Rnk 717 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $337M in Raw Aluminium, making it the 41st largest exporter of Raw Aluminium in the world. At the same year, Raw Aluminium was the 5th most exported product in Venezuela. The main destination of Raw Aluminium exports from Venezuela are: Poland ($79.4M), Montenegro ($75.9M), Brazil ($71.7M), Czechia ($36M), and China ($30.5M).

The fastest growing export markets for Raw Aluminium of Venezuela between 2021 and 2022 were Poland ($79.4M), Montenegro ($75.9M), and Brazil ($57.2M).

Imports In 2022, Venezuela imported $219k in Raw Aluminium, becoming the 126th largest importer of Raw Aluminium in the world. At the same year, Raw Aluminium was the 717th most imported product in Venezuela. Venezuela imports Raw Aluminium primarily from: China ($162k), Brazil ($43.9k), and United States ($12.7k).

The fastest growing import markets in Raw Aluminium for Venezuela between N/A and 2022 were China ($162k), Brazil ($43.9k), and United States ($12.7k).

Latest Trends

Oct 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 Raw Aluminium. 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)$337M
IMPORTS (2022)$219k
NET TRADE (2022)$337M

In 2022, Venezuela exported $337M in Raw Aluminium. The main destinations of Venezuela exports on Raw Aluminium were Poland ($79.4M), Montenegro ($75.9M), Brazil ($71.7M), Czechia ($36M), and China ($30.5M).

In 2022, Venezuela imported $219k in Raw Aluminium, mainly from China ($162k), Brazil ($43.9k), and United States ($12.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Aluminium EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Poland$79.4M (1%)
Montenegro$75.9M (1%)
Brazil$57.2M (394%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Aluminium BY Venezuela WERE (2021 - 2022):
Turkey-$44.9M (-86.9%)
Spain-$2.59M (-47.9%)
Chinese Taipei-$1.87M (-86.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Raw Aluminium were:
Canada $9.37B
India $8.44B
Russia $8.16B
In 2022, Venezuela's main importing competitors in Raw Aluminium were:

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Trade Value of Raw Aluminium by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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