Have fun with OEC Games!
ITALY: New subnational monthly data !
New 50% OFF discount for academic accounts !
Sign In
Pricing

2016
Flag → Flag
Exports $16.6MRnk 2 / 0
2016
Flag → Flag
Exports $11.9MRnk 10 / 79
2016
Flag → Flag
Top Product $1.46MHard Liquor
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133

About

Venezuela-Aruba Trade: In 2016, Venezuela exported $16.6M to Aruba. The main products that Venezuela exported to Aruba were N/A. Over the past 5 years the exports of Venezuela to Aruba have decreased at an annualized rate of 44.8%, from $324M in 2011 to $16.6M in 2016.

In 2016, Venezuela did not export any services to Aruba.

Aruba-Venezuela Trade: In 2016, Aruba exported $11.9M to Venezuela. The main products that Aruba exported to Venezuela were Hard Liquor ($1.46M), Rolled Tobacco ($845k), and Other Rubber Products ($32.6k). Over the past 5 years the exports of Aruba to Venezuela have increased at an annualized rate of 28.9%,  from $3.33M in 2011 to $11.9M in 2016.

In 2016, Aruba did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Aruba ranked 194 in total exports ($123M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Venezuela exported $16.6M to Aruba. There were not main exports from Venezuela to Aruba in 2016. During the last 5 years the exports of Venezuela to Aruba have decreased at an annualized rate of 44.8%, from $324M in 2011 to $16.6M in 2016.

In 2017, Aruba exported $11.9M to Venezuela. The main products exported from Aruba to Venezuela were Hard Liquor ($1.46M), Rolled Tobacco ($845k), and Other Rubber Products ($32.6k). During the last 21 years the exports of Aruba to Venezuela have increased at an annualized rate of 28.9%, from $3.33M in 1996 to $11.9M in 2017.

Exports from Venezuela (Flag) to Aruba (Flag) (2022)

Exports from Aruba (Flag) to Venezuela (Flag) (2022)

Latest Data

Trade between Venezuela (Flag) and Aruba (Flag)

Aruba Exports

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Aruba
Top DestinationColombia$49M

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

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

In 2022, countries that imported more from Aruba than Venezuela included Jordan ($13.2M), Curaçao ($5.8M), and Bonaire ($1.48M).

Difference in imports from Aruba (Flag) and Venezuela (Flag) (2022)

Comparative Advantage Venezuela - Aruba

Flow
Scale

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

During 2016, Venezuela had a large net trade with Aruba in the exports of .

During 2017, Aruba had a large net trade with Venezuela in the exports of Foodstuffs ($2.32M), Plastics and Rubbers ($32.7k), and Stone And Glass ($21.6k).

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Aruba (Flag) (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms