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Pricing

2022
Flag → Flag
Exports $17.6MRnk 140 / 216
2022
Flag → Flag
Top Product $8.41MSoap
2022
Flag → Flag
Exports $9.97MRnk 36 / 126
2022
Flag → Flag
Top Product $5.88MCocoa Beans
2022
Flag
Economic Complexity (ECI) ECI -0.078Rnk 67 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.9Rnk 99 / 124
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Indonesia-Venezuela In 2022, Indonesia exported $17.6M to Venezuela. The main products that Indonesia exported to Venezuela are Soap ($8.41M), Non-Retail Synthetic Staple Fibers Yarn ($5.13M), and Uncoated Paper ($432k). During the last 27 years the exports of Indonesia to Venezuela have decreased at an annualized rate of 0.48%, from $20M in 1995 to $17.6M in 2022.

In 2022, Indonesia did not export any services to Venezuela.

Venezuela-Indonesia In 2022, Venezuela exported $9.97M to Indonesia. The main products that Venezuela exported to Indonesia were Cocoa Beans ($5.88M), Dried Legumes ($3.26M), and Equine and Bovine Hides ($552k). During the last 27 years the exports of Venezuela to Indonesia have increased at an annualized rate of 1.54%, from $6.61M in 1995 to $9.97M in 2022.

In 2022, Venezuela did not export any services to Indonesia.

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). That same year, Venezuela ranked 99 in the Economic Complexity Index (ECI -0.9), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $17.6M to Venezuela. The main products exported from Indonesia to Venezuela were Soap ($8.41M), Non-Retail Synthetic Staple Fibers Yarn ($5.13M), and Uncoated Paper ($432k). During the last 27 years the exports of Indonesia to Venezuela have decreased at an annualized rate of 0.48%, from $20M in 1995 to $17.6M in 2022.

In 2022, Venezuela exported $9.97M to Indonesia. The main products exported from Venezuela to Indonesia were Cocoa Beans ($5.88M), Dried Legumes ($3.26M), and Equine and Bovine Hides ($552k). During the last 27 years the exports of Venezuela to Indonesia have increased at an annualized rate of 1.54%, from $6.61M in 1995 to $9.97M in 2022.

Exports from Indonesia (Flag) to Venezuela (Flag) (2022)

Exports from Venezuela (Flag) to Indonesia (Flag) (2022)

Latest Data

Trade between Indonesia (Flag) and Venezuela (Flag)

Indonesia Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Venezuela
Top DestinationChina$703M

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

In 2021, countries that imported more from Indonesia than Venezuela were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2021, countries that imported more from Venezuela than Indonesia were Montenegro ($75.9M), Lebanon ($150M), and Guyana ($28.9M).

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

Comparative Advantage Indonesia - Venezuela

Flow
Scale

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

During 2022, Indonesia had a large net trade with Venezuela in the exports of Chemical Products ($8.58M), Textiles ($6.36M), and Machines ($974k).

During 2022, Venezuela had a large net trade with Indonesia in the exports of Foodstuffs ($5.97M), Vegetable Products ($3.26M), and Animal Hides ($731k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Indonesia has comparative advantage over Venezuela. Similarly, the more yellow a dot/product is, the more Venezuela has comparative advantage over Indonesia.

Product Space of Indonesia (Flag) and Venezuela (Flag) (2022)

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