Niger (NER) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 () to Venezuela () (2022)

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

Latest Data

Trade between Niger () and Venezuela ()

Niger Exports

Date

Dec 2014

Nov 2014

Oct 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Niger
Top DestinationUnited Arab Emirates$2.23B

Venezuela
Top DestinationChina$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 () and Niger () (2022)

Comparative Advantage Niger - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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).

Potential Exports

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Niger () and Venezuela ()

Niger Exports

Market Competitiveness

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

Comparative Advantage Niger - Venezuela

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring