Kenya (KEN) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Kenya-Venezuela Trade: In 2022, Kenya exported $31.1k to Venezuela. The main products that Kenya exported to Venezuela were Video Displays ($29.6k), Bandages ($997), and Medical Instruments ($164). Over the past 6 years the exports of Kenya to Venezuela have increased at an annualized rate of 230%, from $24 in 2016 to $31.1k in 2022.

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

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

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

Comparison: In 2022, Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Kenya exported $31.1k to Venezuela. The main products exported from Kenya to Venezuela were Video Displays ($29.6k), Bandages ($997), and Medical Instruments ($164). During the last 6 years the exports of Kenya to Venezuela have increased at an annualized rate of 230%, from $24 in 2016 to $31.1k in 2022.

Venezuela does not register exports to Kenya. The main products exported from Venezuela to Kenya were Hard Liquor ($3.4k) and Office Machine Parts ($1.99k).

Exports from Kenya () to Venezuela () (2022)

Exports from Venezuela () to Kenya () (2022)

Latest Data

Trade between Kenya () and Venezuela ()

Kenya Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kenya
Top DestinationUnited States$722M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Kenya than Venezuela included Uganda ($677M), Pakistan ($541M), and Rwanda ($439M).

In 2022, countries that imported more from Venezuela than Kenya included Turkey ($597M), China ($703M), and Spain ($518M).

Difference in imports from Venezuela () and Kenya () (2022)

Comparative Advantage Kenya - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Kenya had a large net trade with Venezuela in the exports of Machines ($29.6k), Chemical Products ($997), and Miscellaneous ($179).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Kenya () to Venezuela () (2022)

Exports from Venezuela () to Kenya () (2022)

Latest Data

Trade between Kenya () and Venezuela ()

Kenya Exports

Market Competitiveness

Difference in imports from Venezuela () and Kenya () (2022)

Comparative Advantage Kenya - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Kenya () and Venezuela () (2022)

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