2022
Flag  
GDP
$14BCURRENT US$
Rnk 134 / 186
2012-2022
Flag
GDP GROWTH
48.2%CURRENT US$
Rnk 68 / 186
2022
Flag
GDP PC 
$533CURRENT US$
Rnk 181 / 186
2012-2022
Flag
GDP PC GROWTH
1.52%CURRENT US$
Rnk 135 / 186

About

Niger-Venezuela Trade: In 2014, Niger exported $1.33M to Venezuela. The main products that Niger exported to Venezuela were N/A. Over the past 5 years the exports of Niger to Venezuela have increased at an annualized rate of 112%, from $31.1k in 2009 to $1.33M in 2014.

In 2014, Niger did not export any services to Venezuela.

Venezuela-Niger Trade: In 2014, Venezuela exported $288 to Niger. The main products that Venezuela exported to Niger were Lettuce ($288). Over the past 5 years the exports of Venezuela to Niger have decreased at an annualized rate of 85.6%,  from $4.59M in 2009 to $288 in 2014.

In 2014, Venezuela did not export any services to Niger.

Comparison: In 2022,  Niger ranked 97 in the Economic Complexity Index (ECI -0.71), and 136 in total exports ($3.24B). 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 2014, Niger exported $1.33M to Venezuela. There were not main exports from Niger to Venezuela in 2014. During the last 5 years the exports of Niger to Venezuela have increased at an annualized rate of 112%, from $31.1k in 2009 to $1.33M in 2014.

In 2017, Venezuela exported $288 to Niger. The main products exported from Venezuela to Niger were Lettuce ($288). During the last 5 years the exports of Venezuela to Niger have decreased at an annualized rate of 85.6%, from $4.59M in 2022 to $288 in 2017.

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

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

Latest Data

Trade between Niger (Flag) and Venezuela (Flag)

Niger Exports

Date

Market Competitiveness

Color
Niger
Top Destination
United Arab Emirates$2.23B
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Niger than Venezuela included United Arab Emirates ($2.23B), France ($291M), and Nigeria ($91.6M).

In 2022, countries that imported more from Venezuela than Niger included Turkey ($597M), Spain ($518M), and United States ($438M).

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

Comparative Advantage Niger - Venezuela

Flow
Scale

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

During 2014, Niger had a large net trade with Venezuela in the exports of .

During 2017, Venezuela had a large net trade with Niger in the exports of Vegetable Products ($288).

Economic Complexity

Competitive Landscape

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

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

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