Synthetic Coloring Matter in Venezuela

EXPORTS (2018): $3.49k, World Rnk 134 / 138
Flag Rnk 560 / 633

TOP DESTINATION (2018): $3.49k, United States

IMPORTS (2018): $3.6M, World Rnk 106 / 203
Flag Rnk 214 / 1000

TOP ORIGIN (2018): $945k, China

FASTEST GROWING ORIGIN (2017 - 2018): $299k, China

ECONOMIC COMPLEXITY of Venezuela (2018): -0.54, Rnk 93 / 137

PRODUCT COMPLEXITY  IN Synthetic Coloring Matter (2018): 1.17, Rnk 113 / 1018

Exports: In 2018, Venezuela exported $3.49k in Synthetic Coloring Matter, making it the 134th largest exporter of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 560th most exported product in Venezuela. The main destination of Synthetic Coloring Matter exports from Venezuela are: United States ($3.49k).

Imports: In 2018, Venezuela imported $3.6M in Synthetic Coloring Matter, becoming the 106th largest importer of Synthetic Coloring Matter in the world. At the same year, Synthetic Coloring Matter was the 214th most imported product in Venezuela. Venezuela imports Synthetic Coloring Matter primarily from: China ($945k), United States ($735k), Italy ($692k), Colombia ($389k), and Spain ($203k).

The fastest growing import markets in Synthetic Coloring Matter for Venezuela between 2017 and 2018 were China ($299k), Italy ($155k), and Spain ($143k).

Tariffs: In 2018, the average tariff for Venezuela in Synthetic Coloring Matter was 11.1%. The countries with the highest import tariffs for Synthetic Coloring Matter were Angola (11.5%), Burundi (11.5%), Benin (11.5%), Burkina Faso (11.5%), and Botswana (11.5%).

Value

EXPORTS (2018): $3.49k

IMPORTS (2018): $3.6M

NET TRADE (2018): -$3.59M

In 2018, Venezuela exported $3.49k in Synthetic Coloring Matter. The main destinations of Venezuela exports on Synthetic Coloring Matter were United States ($3.49k).

In 2018, Venezuela imported $3.6M in Synthetic Coloring Matter, mainly from China ($945k), United States ($735k), Italy ($692k), Colombia ($389k), and Spain ($203k).

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IN 2018, Venezuela HAD A NEGATIVE NET TRADE IN Synthetic Coloring Matter WITH:

Flow

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Coloring Matter BY Venezuela WERE (2016 - 2018):

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Market Concentration

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Flow
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In 2018, Venezuela's main exporting competitors in Synthetic Coloring Matter were:

In 2018, Venezuela's main importing competitors in Synthetic Coloring Matter were:

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Trade Forecasts

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This section shows forecasts for total exports and imports, for Synthetic Coloring Matter in Venezuela. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Venezuela in Synthetic Coloring Matter was 11.1%.

The countries with the highest tariffs for Synthetic Coloring Matter in Venezuela were Angola (11.5%), Burundi (11.5%), Benin (11.5%), Burkina Faso (11.5%), and Botswana (11.5%).

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