Saint Kitts and Nevis (KNA) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Saint Kitts and Nevis-Venezuela Trade: In 2017, Saint Kitts and Nevis exported $300 to Venezuela. The main products that Saint Kitts and Nevis exported to Venezuela were N/A. Over the past 8 years the exports of Saint Kitts and Nevis to Venezuela have decreased at an annualized rate of 24.5%, from $2.84k in 2009 to $300 in 2017.

In 2017, Saint Kitts and Nevis did not export any services to Venezuela.

Venezuela-Saint Kitts and Nevis Trade: In 2017, Venezuela exported $368k to Saint Kitts and Nevis. The main products that Venezuela exported to Saint Kitts and Nevis were N/A. Over the past 8 years the exports of Venezuela to Saint Kitts and Nevis have increased at an annualized rate of 12.4%, from $205k in 2009 to $368k in 2017.

In 2017, Venezuela did not export any services to Saint Kitts and Nevis.

Comparison In 2022, Saint Kitts and Nevis ranked 203 in total exports ($43.7M), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2017, Saint Kitts and Nevis exported $300 to Venezuela. There were not main exports from Saint Kitts and Nevis to Venezuela in 2017. During the last 8 years the exports of Saint Kitts and Nevis to Venezuela have decreased at an annualized rate of 24.5%, from $2.84k in 2009 to $300 in 2017.

In 2012, Venezuela exported $368k to Saint Kitts and Nevis. There were not main exports from Venezuela to Saint Kitts and Nevis in 2012. During the last 5 years the exports of Venezuela to Saint Kitts and Nevis have increased at an annualized rate of 12.4%, from $205k in 2017 to $368k in 2012.

Exports from Saint Kitts and Nevis () to Venezuela () (2017)

Exports from Venezuela () to Saint Kitts and Nevis () (2017)

Latest Data

Trade between Saint Kitts and Nevis () and Venezuela ()

Saint Kitts and Nevis Exports

Date

Feb 2017

Jun 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Saint Kitts and Nevis
Top DestinationUnited States$26.7M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Saint Kitts and Nevis than Venezuela included Antigua and Barbuda ($537k), Grenada ($416k), and Belize ($321k).

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

Difference in imports from Venezuela () and Saint Kitts and Nevis () (2022)

Comparative Advantage Saint Kitts and Nevis - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Saint Kitts and Nevis and Venezuela by product, considering products traded by both, Saint Kitts and Nevis and Venezuela.

During 2017, Saint Kitts and Nevis had a large net trade with Venezuela in the exports of .

During 2012, Venezuela had a large net trade with Saint Kitts and Nevis in the exports of .

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 Saint Kitts and Nevis and Venezuela. This means that a dot/product with the flag of Saint Kitts and Nevis indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Saint Kitts and Nevis.

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Historical Data

Bilateral Trade by Products

Exports from Saint Kitts and Nevis () to Venezuela () (2017)

Exports from Venezuela () to Saint Kitts and Nevis () (2017)

Latest Data

Trade between Saint Kitts and Nevis () and Venezuela ()

Saint Kitts and Nevis Exports

Market Competitiveness

Difference in imports from Venezuela () and Saint Kitts and Nevis () (2022)

Comparative Advantage Saint Kitts and Nevis - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Saint Kitts and Nevis () and Venezuela () (2017)

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