Estonia / Venezuela

Estonia-Venezuela Trade: In 2023, Estonia exported $121k to Venezuela. The main products that Estonia exported to Venezuela were Other Edible Preparations ($54.4k), Malt Extract ($49.9k), and Combustion Engines ($16.6k). Over the past 5 years the exports of Estonia to Venezuela have increased at an annualized rate of 489%, from $17 in 2018 to $121k in 2023.

In 2019, Estonia exported services to Venezuela worth $112k, with Travel ($112k) being the largest in terms of value.

Venezuela-Estonia Trade: In 2023, Venezuela exported $6.09M to Estonia. The main products that Venezuela exported to Estonia were Cocoa Beans ($5.13M), Hard Liquor ($371k), and Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($315k). Over the past 5 years the exports of Venezuela to Estonia have increased at an annualized rate of 42.9%,  from $1.02M in 2018 to $6.09M in 2023.

In 2023, Venezuela did not export any services to Estonia.

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), 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).