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2013
Flag → Flag
Exports $9.94MRnk 133 / 0
2013
Flag → Flag
Exports $78Rnk 13 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133

About

Eritrea-Venezuela Trade: In 2013, Eritrea exported $9.94M to Venezuela. The main products that Eritrea exported to Venezuela were N/A. Over the past 5 years the exports of Eritrea to Venezuela have increased at an annualized rate of 453%, from $1.93k in 2008 to $9.94M in 2013.

In 2013, Eritrea did not export any services to Venezuela.

Venezuela-Eritrea In N/A, Venezuela did not export any products to Eritrea.

In 2013, Venezuela did not export any services to Eritrea.

Comparison In 2022,  Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. 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 2013, Eritrea exported $9.94M to Venezuela. There were not main exports from Eritrea to Venezuela in 2013. During the last 5 years the exports of Eritrea to Venezuela have increased at an annualized rate of 453%, from $1.93k in 2008 to $9.94M in 2013.

Venezuela does not register exports to Eritrea.

Exports from Eritrea (Flag) to Venezuela (Flag) (2013)

Exports from Venezuela (Flag) to Eritrea (Flag) (2013)

Market Competitiveness

Color
Eritrea
Top DestinationChina$412M
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Eritrea than Venezuela included United Arab Emirates ($263M), South Korea ($74.3M), and Madagascar ($14.9M).

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

Difference in imports from Venezuela (Flag) and Eritrea (Flag) (2022)

Comparative Advantage Eritrea - Venezuela

Flow
Scale

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

During 2013, Eritrea had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Eritrea (Flag) and Venezuela (Flag) (2013)

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