2022
Exports
$617World Rnk 152 / 172
Flag Rnk 537 / 665
2022
PRODUCT COMPLEXITY IN Sewing Machines
0.71Rnk 275 / 1025
2022
Imports
$3.5MWorld Rnk 111 / 214
Flag Rnk 327 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $617 in Sewing Machines, making it the 152nd largest exporter of Sewing Machines in the world. At the same year, Sewing Machines was the 537th most exported product in Venezuela. The main destination of Sewing Machines exports from Venezuela are: Spain ($426), Trinidad and Tobago ($162), and Dominican Republic ($29).

The fastest growing export markets for Sewing Machines of Venezuela between 2021 and 2022 were Trinidad and Tobago ($162) and Dominican Republic ($29).

Imports In 2022, Venezuela imported $3.5M in Sewing Machines, becoming the 111th largest importer of Sewing Machines in the world. At the same year, Sewing Machines was the 327th most imported product in Venezuela. Venezuela imports Sewing Machines primarily from: China ($1.56M), United States ($1.24M), Turkey ($215k), Vietnam ($190k), and Italy ($98.4k).

The fastest growing import markets in Sewing Machines for Venezuela between 2021 and 2022 were China ($1.29M), United States ($922k), and Turkey ($198k).

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 Sewing Machines. 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)$617
IMPORTS (2022)$3.5M
NET TRADE (2022)-$3.5M

In 2022, Venezuela exported $617 in Sewing Machines. The main destinations of Venezuela exports on Sewing Machines were Spain ($426), Trinidad and Tobago ($162), and Dominican Republic ($29).

In 2022, Venezuela imported $3.5M in Sewing Machines, mainly from China ($1.56M), United States ($1.24M), Turkey ($215k), Vietnam ($190k), and Italy ($98.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sewing Machines EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sewing Machines BY Venezuela WERE (2021 - 2022):
Spain-$3.69k (-89.6%)
Honduras-$183 (-100%)
Guyana-$120 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Sewing Machines were:
In 2022, Venezuela's main importing competitors in Sewing Machines were:

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Trade Value of Sewing Machines by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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