Pakistan (PAK) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

Pakistan-Venezuela Trade: In 2022, Pakistan exported $2.89M to Venezuela. The main products that Pakistan exported to Venezuela were Light Synthetic Cotton Fabrics ($671k), House Linens ($406k), and Confectionery Sugar ($331k). Over the past 5 years the exports of Pakistan to Venezuela have increased at an annualized rate of 6.73%, from $2.09M in 2017 to $2.89M in 2022.

In 2022, Pakistan did not export any services to Venezuela.

Venezuela-Pakistan Trade: In 2022, Venezuela exported $85.4k to Pakistan. The main products that Venezuela exported to Pakistan were N/A. Over the past 5 years the exports of Venezuela to Pakistan have increased at an annualized rate of 29.2%, from $23.8k in 2017 to $85.4k in 2022.

In 2022, Venezuela did not export any services to Pakistan.

Comparison: In 2022, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Latest Data

Trade between Pakistan () and Venezuela ()

Pakistan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$6.47B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Pakistan than Venezuela included United States ($6.47B), Germany ($2.8B), and United Arab Emirates ($2.58B).

In 2022, countries that imported more from Venezuela than Pakistan included Brazil ($361M), India ($228M), and Turkey ($597M).

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

Economic Complexity

Competitive Landscape

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

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