2022
Exports
$25.5kWorld Rnk 136 / 176
Flag Rnk 329 / 665
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$244MWorld Rnk 42 / 221
Flag Rnk 4 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $25.5k in Rice, making it the 136th largest exporter of Rice in the world. At the same year, Rice was the 329th most exported product in Venezuela. The main destination of Rice exports from Venezuela are: United States ($19.4k), Bahrain ($5.03k), Austria ($594), Maldives ($324), and Luxembourg ($111).

The fastest growing export markets for Rice of Venezuela between 2021 and 2022 were United States ($5.38k), Bahrain ($5.03k), and Austria ($556).

Imports In 2022, Venezuela imported $244M in Rice, becoming the 42nd largest importer of Rice in the world. At the same year, Rice was the 4th most imported product in Venezuela. Venezuela imports Rice primarily from: Guyana ($95.3M), Brazil ($79.1M), Uruguay ($53M), Vietnam ($13M), and Colombia ($1.82M).

The fastest growing import markets in Rice for Venezuela between 2021 and 2022 were Brazil ($27.7M), Uruguay ($23.8M), and Vietnam ($12.8M).

Latest Trends

Sep 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 Rice. 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)$25.5k
IMPORTS (2022)$244M
NET TRADE (2022)-$244M

In 2022, Venezuela exported $25.5k in Rice. The main destinations of Venezuela exports on Rice were United States ($19.4k), Bahrain ($5.03k), Austria ($594), Maldives ($324), and Luxembourg ($111).

In 2022, Venezuela imported $244M in Rice, mainly from Guyana ($95.3M), Brazil ($79.1M), Uruguay ($53M), Vietnam ($13M), and Colombia ($1.82M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$5.38k (38.3%)
Bahrain$5.03k (1%)
Austria$556 (1.46k%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Venezuela's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

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

See methodology.

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