2023
Flag  
GDP
$4.44BCURRENT US$
Rnk 160 / 195
2013-2023
Flag
GDP GROWTH
0.56%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC 
$3,611CURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP PC GROWTH
-7.66%CURRENT US$
Rnk 163 / 195

About

Eswatini-Venezuela Trade: In 2023, Eswatini exported $167 to Venezuela. The main products that Eswatini exported to Venezuela were Packaged Medicaments ($167). Over the past 16 years the exports of Eswatini to Venezuela have decreased at an annualized rate of 43.9%, from $1.75M in 2007 to $167 in 2023.

In 2023, Eswatini did not export any services to Venezuela.

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

In 2023, Venezuela did not export any services to Eswatini.

Comparison In 2023,  Eswatini ranked 143 in total exports ($2.29B), and does not have data regarding Economic Complexity Index. 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
Value

In 2023, Eswatini exported $167 to Venezuela. The main products exported from Eswatini to Venezuela were Packaged Medicaments ($167). During the last 16 years the exports of Eswatini to Venezuela have decreased at an annualized rate of 43.9%, from $1.75M in 2007 to $167 in 2023.

Venezuela does not register exports to Eswatini. The main products exported from Venezuela to Eswatini were Broadcasting Equipment ($1.3k).

Exports from Eswatini (Flag) to Venezuela (Flag) (2023)

Exports from Venezuela (Flag) to Eswatini (Flag) (2023)

Market Competitiveness

Color
Eswatini
Top Destination
South Africa$1.4B
Venezuela
Top Destination
United States$3.81B

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

In 2023, countries that imported more from Eswatini than Venezuela included South Africa ($1.4B), Ireland ($94.2M), and Mozambique ($92.2M).

In 2023, countries that imported more from Venezuela than Eswatini included United States ($3.81B), China ($739M), and Spain ($670M).

Difference in imports from Venezuela (Flag) and Eswatini (Flag) (2023)

Comparative Advantage Eswatini - Venezuela

Flow
Scale

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

During 2023, Eswatini had a large net trade with Venezuela in the exports of Chemical Products ($167).

Economic Complexity

Competitive Landscape

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

Product Space of Eswatini (Flag) and Venezuela (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with