Rwanda (RWA) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Rwanda-Venezuela Trade: In 2015, Rwanda exported $9.88k to Venezuela. The main products that Rwanda exported to Venezuela were N/A. Over the past 20 years the exports of Rwanda to Venezuela have increased at an annualized rate of 11.7%, from $1.08k in 1995 to $9.88k in 2015.

In 2015, Rwanda did not export any services to Venezuela.

Venezuela-Rwanda In N/A, Venezuela did not export any products to Rwanda.

In 2015, Venezuela did not export any services to Rwanda.

Comparison: In 2022, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). 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 2015, Rwanda exported $9.88k to Venezuela. There were not main exports from Rwanda to Venezuela in 2015. During the last 20 years the exports of Rwanda to Venezuela have increased at an annualized rate of 11.7%, from $1.08k in 1995 to $9.88k in 2015.

Venezuela does not register exports to Rwanda. The main products exported from Venezuela to Rwanda were Cutlery Sets ($1.99k), Broadcasting Equipment ($1.52k), and Base Metal Watches ($885).

Exports from Rwanda () to Venezuela () (2022)

Exports from Venezuela () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Venezuela ()

Rwanda Exports

Date

Dec 2015

Oct 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Rwanda
Top DestinationUnited Arab Emirates$568M

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Rwanda than Venezuela included United Arab Emirates ($568M), Democratic Republic of the Congo ($450M), and Thailand ($83.9M).

In 2022, countries that imported more from Venezuela than Rwanda included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Rwanda - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2015, Rwanda had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Rwanda () to Venezuela () (2022)

Exports from Venezuela () to Rwanda () (2022)

Latest Data

Trade between Rwanda () and Venezuela ()

Rwanda Exports

Market Competitiveness

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

Comparative Advantage Rwanda - Venezuela

Economic Complexity

Competitive Landscape

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

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