Romania-Venezuela Trade: In 2023, Romania exported $686k to Venezuela. The main products that Romania exported to Venezuela were Video and Card Games ($351k), Soil Preparation Machinery ($166k), and Baked Goods ($89.3k). Over the past 5 years the exports of Romania to Venezuela have decreased at an annualized rate of 8.87%, from $1.09M in 2018 to $686k in 2023.
In 2017, Romania exported services to Venezuela worth $791k, with Computer and information services ($791k) being the largest in terms of value.
Venezuela-Romania Trade: In 2023, Venezuela exported $12.8M to Romania. The main products that Venezuela exported to Romania were Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($8.19M), Iron Ore ($3.81M), and Hard Liquor ($833k). Over the past 5 years the exports of Venezuela to Romania have increased at an annualized rate of 142%, from $155k in 2018 to $12.8M in 2023.
In 2023, Venezuela did not export any services to Romania.
Comparison: In 2023, Romania ranked 28 in the Economic Complexity Index (ECI 1.02), and 41 in total exports ($104B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).