Qatar (QAT) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Qatar-Venezuela Trade: In 2017, Qatar exported $3.79M to Venezuela. The main products that Qatar exported to Venezuela were N/A. Over the past 7 years the exports of Qatar to Venezuela have increased at an annualized rate of 124%, from $13.5k in 2010 to $3.79M in 2017.

In 2017, Qatar did not export any services to Venezuela.

Venezuela-Qatar Trade: In 2017, Venezuela exported $303k to Qatar. The main products that Venezuela exported to Qatar were Dried Legumes ($232k) and Wood Charcoal ($71.1k). Over the past 7 years the exports of Venezuela to Qatar have increased at an annualized rate of 34.8%, from $27.9k in 2010 to $303k in 2017.

In 2017, Venezuela did not export any services to Qatar.

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2017, Qatar exported $3.79M to Venezuela. There were not main exports from Qatar to Venezuela in 2017. During the last 7 years the exports of Qatar to Venezuela have increased at an annualized rate of 124%, from $13.5k in 2010 to $3.79M in 2017.

In 2018, Venezuela exported $303k to Qatar. The main products exported from Venezuela to Qatar were Dried Legumes ($232k) and Wood Charcoal ($71.1k). During the last 5 years the exports of Venezuela to Qatar have increased at an annualized rate of 34.8%, from $27.9k in 2023 to $303k in 2018.

Exports from Qatar () to Venezuela () (2023)

Exports from Venezuela () to Qatar () (2023)

Latest Data

Trade between Qatar () and Venezuela ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Venezuela
Top DestinationUnited States$3.81B

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

In 2023, countries that imported more from Qatar than Venezuela included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

In 2023, countries that imported more from Venezuela than Qatar included United States ($3.81B), Colombia ($131M), and Lebanon ($106M).

Difference in imports from Venezuela () and Qatar () (2023)

Comparative Advantage Qatar - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Qatar had a large net trade with Venezuela in the exports of .

During 2018, Venezuela had a large net trade with Qatar in the exports of Vegetable Products ($232k) and Wood Products ($71.1k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to Venezuela () (2023)

Exports from Venezuela () to Qatar () (2023)

Latest Data

Trade between Qatar () and Venezuela ()

Qatar Exports

Market Competitiveness

Difference in imports from Venezuela () and Qatar () (2023)

Comparative Advantage Qatar - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Qatar () and Venezuela () (2023)

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