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ExportsSaudi Arabia-Venezuela Trade: In 2023, Saudi Arabia exported $951k to Venezuela. The main products that Saudi Arabia exported to Venezuela were Float Glass ($628k), Propylene Polymers ($94.5k), and Glass with Edge Workings ($87.5k). Over the past 5 years the exports of Saudi Arabia to Venezuela have increased at an annualized rate of 34.2%, from $219k in 2018 to $951k in 2023.
In 2023, Saudi Arabia did not export any services to Venezuela.
Venezuela-Saudi Arabia Trade: In 2023, Venezuela exported $3.37M to Saudi Arabia. The main products that Venezuela exported to Saudi Arabia were Wood Charcoal ($1.83M), Other Hand Tools ($934k), and Iron Fasteners ($280k). Over the past 5 years the exports of Venezuela to Saudi Arabia have decreased at an annualized rate of 40.5%, from $45.2M in 2018 to $3.37M in 2023.
In 2023, Venezuela did not export any services to Saudi Arabia.
Comparison: In 2023, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). That same year, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B).
