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2023
Flag → Flag
Exports $42.4MRnk 144 / 224
2023
Flag → Flag
Top Product $6.54MMalt
2023
Flag → Flag
Exports $173MRnk 8 / 122
2023
Flag → Flag
Top Product $86.1MAcyclic alcohol derivatives (halogenated, sulphonated, nitrated)
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Netherlands-Venezuela Trade: In 2023, Netherlands exported $42.4M to Venezuela. The main products that Netherlands exported to Venezuela were Malt ($6.54M), Perfumes ($6.45M), and Cheese ($4.94M). Over the past 5 years the exports of Netherlands to Venezuela have decreased at an annualized rate of 12%, from $80.2M in 2018 to $42.4M in 2023.

In 2020, Netherlands exported services to Venezuela worth $29.7M, with Other business services ($27.8M), Transportation ($1.26M), and Travel ($457k) being the largest in terms of value.

Venezuela-Netherlands Trade: In 2023, Venezuela exported $173M to Netherlands. The main products that Venezuela exported to Netherlands were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($86.1M), Crustaceans ($73.1M), and Ferroalloys ($5.62M). Over the past 5 years the exports of Venezuela to Netherlands have decreased at an annualized rate of 11.8%,  from $366M in 2018 to $173M in 2023.

In 2023, Venezuela did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €3M and imported €18M from Venezuela, resulting in a negative trade balance of €15M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-20M (-87%) from €23M to €3M, while imports decreased by €-3M (-14.3%) from €21M to €18M.

Trade In October 2024, the top exports of Netherlands to Venezuela were Undefined (€31M). In October 2024 the top imports of Netherlands from Venezuela were Alcohols, phenols, phenol-alcohols, and their halogenated,... (€7M) and Crustaceans, molluscs and aquatic invertebrates, whether... (€6M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-20M(-87%)
IMPORT GROWTH (October 2023 - October 2024)€-3M(-14.3%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Venezuela and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Venezuela and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Netherlands exported $42.4M to Venezuela. The main products exported from Netherlands to Venezuela were Malt ($6.54M), Perfumes ($6.45M), and Cheese ($4.94M). During the last 5 years the exports of Netherlands to Venezuela have decreased at an annualized rate of 12%, from $80.2M in 2018 to $42.4M in 2023.

In 2018, Venezuela exported $173M to Netherlands. The main products exported from Venezuela to Netherlands were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($86.1M), Crustaceans ($73.1M), and Ferroalloys ($5.62M). During the last 5 years the exports of Venezuela to Netherlands have decreased at an annualized rate of 11.8%, from $366M in 2023 to $173M in 2018.

Exports from Netherlands (Flag) to Venezuela (Flag) (2023)

Exports from Venezuela (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Venezuela
Top DestinationUnited States$3.81B

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

In 2023, countries that imported more from Netherlands than Venezuela included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Venezuela than Netherlands included Dominica ($10.5M).

Difference in imports from Venezuela (Flag) and Netherlands (Flag) (2023)

Comparative Advantage Netherlands - Venezuela

Flow
Scale

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

During 2023, Netherlands had a large net trade with Venezuela in the exports of Chemical Products ($9.1M), Vegetable Products ($7.83M), and Foodstuffs ($7.73M).

During 2018, Venezuela had a large net trade with Netherlands in the exports of Chemical Products ($86.1M), Animal Products ($73.1M), and Metals ($6.43M).

Economic Complexity

Competitive Landscape

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

Product Space of Netherlands (Flag) and Venezuela (Flag) (2023)

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