2022
Flag  
GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC 
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Republic of the Congo-Venezuela Trade: In 2019, Republic of the Congo exported $5.33k to Venezuela. The main products that Republic of the Congo exported to Venezuela were N/A. Over the past 5 years the exports of Republic of the Congo to Venezuela have decreased at an annualized rate of 60.5%, from $557k in 2014 to $5.33k in 2019.

In 2019, Republic of the Congo did not export any services to Venezuela.

Venezuela-Republic of the Congo Trade: In 2019, Venezuela exported $43.8k to Republic of the Congo. The main products that Venezuela exported to Republic of the Congo were N/A. Over the past 5 years the exports of Venezuela to Republic of the Congo have increased at an annualized rate of 28%,  from $12.8k in 2014 to $43.8k in 2019.

In 2019, Venezuela did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Republic of the Congo exported $5.33k to Venezuela. There were not main exports from Republic of the Congo to Venezuela in 2019. During the last 5 years the exports of Republic of the Congo to Venezuela have decreased at an annualized rate of 60.5%, from $557k in 2014 to $5.33k in 2019.

In 2016, Venezuela exported $43.8k to Republic of the Congo. There were not main exports from Venezuela to Republic of the Congo in 2016. During the last 5 years the exports of Venezuela to Republic of the Congo have increased at an annualized rate of 28%, from $12.8k in 2021 to $43.8k in 2016.

Exports from Republic of the Congo (Flag) to Venezuela (Flag) (2021)

Exports from Venezuela (Flag) to Republic of the Congo (Flag) (2021)

Latest Data

Trade between Republic of the Congo (Flag) and Venezuela (Flag)

Republic of the Congo Exports

Market Competitiveness

Color
Republic of the Congo
Top Destination
China$4.82B
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Republic of the Congo than Venezuela included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

In 2022, countries that imported more from Venezuela than Republic of the Congo included Turkey ($597M), Spain ($518M), and United States ($438M).

Difference in imports from Venezuela (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - Venezuela

Flow
Scale

This chart compares trade between Republic of the Congo and Venezuela by product, considering products traded by both, Republic of the Congo and Venezuela.

During 2019, Republic of the Congo had a large net trade with Venezuela in the exports of .

During 2016, Venezuela had a large net trade with Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Venezuela+N/AN/A
Top Product Potential Venezuela Republic of the Congo+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

Product Space of Republic of the Congo (Flag) and Venezuela (Flag) (2021)

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