Uzbekistan (UZB) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Uzbekistan-Venezuela Trade: In 2023, Uzbekistan exported $58.4k to Venezuela. The main products that Uzbekistan exported to Venezuela were Non-Retail Pure Cotton Yarn ($58.4k). Over the past 6 years the exports of Uzbekistan to Venezuela have decreased at an annualized rate of 16.2%, from $168k in 2017 to $58.4k in 2023.

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

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

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

Comparison: In 2023, Uzbekistan ranked 74 in the Economic Complexity Index (ECI -0.22), and 72 in total exports ($24.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Uzbekistan exported $58.4k to Venezuela. The main products exported from Uzbekistan to Venezuela were Non-Retail Pure Cotton Yarn ($58.4k). During the last 6 years the exports of Uzbekistan to Venezuela have decreased at an annualized rate of 16.2%, from $168k in 2017 to $58.4k in 2023.

Venezuela does not register exports to Uzbekistan. The main products exported from Venezuela to Uzbekistan were Cocoa Beans ($35.3k).

Exports from Uzbekistan () to Venezuela () (2023)

Exports from Venezuela () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Venezuela ()

Uzbekistan Exports

Date

May 2021

Mar 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$8.18B

Venezuela
Top DestinationUnited States$3.81B

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

In 2023, countries that imported more from Uzbekistan than Venezuela included Switzerland ($8.18B), Russia ($3.02B), and United Kingdom ($2.65B).

In 2023, countries that imported more from Venezuela than Uzbekistan included United States ($3.81B), Spain ($670M), and Netherlands ($173M).

Difference in imports from Venezuela () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Uzbekistan had a large net trade with Venezuela in the exports of Textiles ($58.4k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Venezuela () (2023)

Exports from Venezuela () to Uzbekistan () (2023)

Latest Data

Trade between Uzbekistan () and Venezuela ()

Uzbekistan Exports

Market Competitiveness

Difference in imports from Venezuela () and Uzbekistan () (2023)

Comparative Advantage Uzbekistan - Venezuela

Economic Complexity

Competitive Landscape

Product Space of Uzbekistan () and Venezuela () (2023)

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