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2022
Flag → Flag
Exports $53kRnk 93 / 0
2022
Flag → Flag
Exports $21kRnk 101 / 122
2022
Flag → Flag
Top Product $12.8kElectric Motors
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag  
GDP$2.03BCURRENT US$
Rnk 178 / 195
2013-2023
Flag
GDP GROWTH53.4%CURRENT US$
Rnk 68 / 195
2023
Flag
GDP PC $21,787CURRENT US$
Rnk 61 / 195
2013-2023
Flag
GDP PC GROWTH44.8%CURRENT US$
Rnk 53 / 195

About

Antigua and Barbuda-Venezuela Trade: In 2022, Antigua and Barbuda exported $53k to Venezuela. The main products that Antigua and Barbuda exported to Venezuela were N/A. Over the past 11 years the exports of Antigua and Barbuda to Venezuela have decreased at an annualized rate of 12.1%, from $219k in 2011 to $53k in 2022.

In 2022, Antigua and Barbuda did not export any services to Venezuela.

Venezuela-Antigua and Barbuda Trade: In 2022, Venezuela exported $21k to Antigua and Barbuda. The main products that Venezuela exported to Antigua and Barbuda were Electric Motors ($12.8k), Excavation Machinery ($3.38k), and Ball Bearings ($2.18k). Over the past 11 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 54.8%,  from $1.11M in 2011 to $21k in 2022.

In 2022, Venezuela did not export any services to Antigua and Barbuda.

Comparison In 2023,  Antigua and Barbuda ranked 183 in total exports ($222M), and does not have data regarding Economic Complexity Index. That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Antigua and Barbuda exported $53k to Venezuela. There were not main exports from Antigua and Barbuda to Venezuela in 2022. During the last 11 years the exports of Antigua and Barbuda to Venezuela have decreased at an annualized rate of 12.1%, from $219k in 2011 to $53k in 2022.

In 2018, Venezuela exported $21k to Antigua and Barbuda. The main products exported from Venezuela to Antigua and Barbuda were Electric Motors ($12.8k), Excavation Machinery ($3.38k), and Ball Bearings ($2.18k). During the last 5 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 54.8%, from $1.11M in 2023 to $21k in 2018.

Exports from Antigua and Barbuda (Flag) to Venezuela (Flag) (2023)

Exports from Venezuela (Flag) to Antigua and Barbuda (Flag) (2023)

Latest Data

Trade between Antigua and Barbuda (Flag) and Venezuela (Flag)

Antigua and Barbuda Exports

Market Competitiveness

Color
Antigua and Barbuda
Top DestinationSuriname$65.5M
Venezuela
Top DestinationUnited States$3.81B

This map shows whether countries import more from Antigua and Barbuda or Venezuela. Each country is colored based on the difference in imports they receive from Antigua and Barbuda and Venezuela or the difference in the growth in imports.

In 2023, countries that imported more from Antigua and Barbuda than Venezuela included Suriname ($65.5M), Poland ($45.7M), and Australia ($11.1M).

In 2023, countries that imported more from Venezuela than Antigua and Barbuda included United States ($3.81B), China ($739M), and Spain ($670M).

Difference in imports from Venezuela (Flag) and Antigua and Barbuda (Flag) (2023)

Comparative Advantage Antigua and Barbuda - Venezuela

Flow
Scale

This chart compares trade between Antigua and Barbuda and Venezuela by product, considering products traded by both, Antigua and Barbuda and Venezuela.

During 2022, Antigua and Barbuda had a large net trade with Venezuela in the exports of .

During 2018, Venezuela had a large net trade with Antigua and Barbuda in the exports of Machines ($20.4k), Plastics and Rubbers ($487), and Foodstuffs ($93).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Antigua and Barbuda and Venezuela. This means that a dot/product with the flag of Antigua and Barbuda indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Antigua and Barbuda.

Product Space of Antigua and Barbuda (Flag) and Venezuela (Flag) (2023)

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