Tunisia (TUN) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Tunisia-Venezuela Trade: In 2022, Tunisia exported $94.2k to Venezuela. The main products that Tunisia exported to Venezuela were Tropical Fruits ($91.1k) and Jams ($3.07k). Over the past 7 years the exports of Tunisia to Venezuela have decreased at an annualized rate of 15.8%, from $313k in 2015 to $94.2k in 2022.

In 2022, Tunisia did not export any services to Venezuela.

Venezuela-Tunisia Trade: In 2022, Venezuela exported $5.94M to Tunisia. The main products that Venezuela exported to Tunisia were Petroleum Coke ($5.59M), Carbon ($282k), and Other Processed Fruits and Nuts ($65.2k). Over the past 7 years the exports of Venezuela to Tunisia have increased at an annualized rate of 218%, from $18.1k in 2015 to $5.94M in 2022.

In 2022, Venezuela did not export any services to Tunisia.

Comparison: In 2022, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B). 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 2022, Tunisia exported $94.2k to Venezuela. The main products exported from Tunisia to Venezuela were Tropical Fruits ($91.1k) and Jams ($3.07k). During the last 7 years the exports of Tunisia to Venezuela have decreased at an annualized rate of 15.8%, from $313k in 2015 to $94.2k in 2022.

In 2017, Venezuela exported $5.94M to Tunisia. The main products exported from Venezuela to Tunisia were Petroleum Coke ($5.59M), Carbon ($282k), and Other Processed Fruits and Nuts ($65.2k). During the last 5 years the exports of Venezuela to Tunisia have increased at an annualized rate of 218%, from $18.1k in 2022 to $5.94M in 2017.

Exports from Tunisia () to Venezuela () (2022)

Exports from Venezuela () to Tunisia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Tunisia
Top DestinationFrance$4.8B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Tunisia than Venezuela included France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

In 2022, countries that imported more from Venezuela than Tunisia included China ($703M), Brazil ($361M), and Turkey ($597M).

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

Comparative Advantage Tunisia - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Tunisia had a large net trade with Venezuela in the exports of Vegetable Products ($91.1k) and Foodstuffs ($3.07k).

During 2017, Venezuela had a large net trade with Tunisia in the exports of Mineral Products ($5.59M), Chemical Products ($282k), and Foodstuffs ($65.2k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Tunisia () to Venezuela () (2022)

Exports from Venezuela () to Tunisia () (2022)

Market Competitiveness

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

Comparative Advantage Tunisia - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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