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2018
Flag → Flag
Exports $7.07kRnk 68 / 0
2018
Flag → Flag
Exports $17.1kRnk 105 / 126
2018
Flag → Flag
Top Product $8.84kOther Rubber Products
2022
Flag
Economic Complexity (ECI) ECI -1.18Rnk 119 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag  
GDP$17.9BCURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP GROWTH9.18%CURRENT US$
Rnk 146 / 186
2022
Flag
GDP PC $541CURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP PC GROWTH-18.9%CURRENT US$
Rnk 172 / 186

About

Mozambique-Venezuela Trade: In 2018, Mozambique exported $7.07k to Venezuela. The main products that Mozambique exported to Venezuela were N/A. Over the past 9 years the exports of Mozambique to Venezuela have decreased at an annualized rate of 20.2%, from $53.9k in 2009 to $7.07k in 2018.

In 2018, Mozambique did not export any services to Venezuela.

Venezuela-Mozambique Trade: In 2018, Venezuela exported $17.1k to Mozambique. The main products that Venezuela exported to Mozambique were Other Rubber Products ($8.84k), Iron Fasteners ($7.68k), and Low-voltage Protection Equipment ($351). Over the past 9 years the exports of Venezuela to Mozambique have decreased at an annualized rate of 2.13%,  from $22.6k in 2009 to $17.1k in 2018.

In 2018, Venezuela did not export any services to Mozambique.

Comparison: In 2022,  Mozambique ranked 119 in the Economic Complexity Index (ECI -1.18), and 99 in total exports ($11.7B). 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 2018, Mozambique exported $7.07k to Venezuela. There were not main exports from Mozambique to Venezuela in 2018. During the last 9 years the exports of Mozambique to Venezuela have decreased at an annualized rate of 20.2%, from $53.9k in 2009 to $7.07k in 2018.

In 2017, Venezuela exported $17.1k to Mozambique. The main products exported from Venezuela to Mozambique were Other Rubber Products ($8.84k), Iron Fasteners ($7.68k), and Low-voltage Protection Equipment ($351). During the last 5 years the exports of Venezuela to Mozambique have decreased at an annualized rate of 2.13%, from $22.6k in 2022 to $17.1k in 2017.

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

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

Latest Data

Trade between Mozambique (Flag) and Venezuela (Flag)

Mozambique Exports

Market Competitiveness

Color
Mozambique
Top DestinationIndia$2.62B
Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Mozambique than Venezuela included India ($2.62B), South Africa ($1.07B), and South Korea ($954M).

In 2022, countries that imported more from Venezuela than Mozambique included Turkey ($597M), Brazil ($361M), and United States ($438M).

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

Comparative Advantage Mozambique - Venezuela

Flow
Scale

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

During 2018, Mozambique had a large net trade with Venezuela in the exports of .

During 2017, Venezuela had a large net trade with Mozambique in the exports of Plastics and Rubbers ($8.84k), Metals ($7.68k), and Machines ($587).

Economic Complexity

Competitive Landscape

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

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

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