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2023
Flag → Flag
Exports $21kRnk 101 / 122
2023
Flag → Flag
Top Product $12.8kElectric Motors
2023
Flag → Flag
Exports $53kRnk 67 / 0
2023
Flag
Economic Complexity (ECI) ECI -0.82Rnk 100 / 132
2023
Flag
 GDP$2.03BCURRENT US$
Rnk 178 / 195
2013-2023
Flag
GDP GROWTH53.4%CURRENT US$
Rnk 68 / 195
2023
Flag
GDP PC$21,787CURRENT US$
Rnk 61 / 196
2013-2023
Flag
GDP PC GROWTH44.8%CURRENT US$
Rnk 53 / 195

About

Venezuela-Antigua and Barbuda Trade: In 2023, Venezuela exported $21k to Antigua and Barbuda. The main products that Venezuela exported to Antigua and Barbuda were Electric Motors ($12.8k), Excavation Machinery ($3.38k), and Ball Bearings ($2.18k). Over the past 5 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 54.8%, from $1.11M in 2018 to $21k in 2023.

In 2023, Venezuela did not export any services to Antigua and Barbuda.

Antigua and Barbuda-Venezuela Trade: In 2023, Antigua and Barbuda exported $53k to Venezuela. The main products that Antigua and Barbuda exported to Venezuela were N/A. Over the past 5 years the exports of Antigua and Barbuda to Venezuela have increased at an annualized rate of 67.4%,  from $4.03k in 2018 to $53k in 2023.

In 2023, Antigua and Barbuda did not export any services to Venezuela.

Comparison In 2023,  Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82),  and 113 in total exports ($7.63B). That same year, Antigua and Barbuda ranked 183 in total exports ($222M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Venezuela exported $21k to Antigua and Barbuda. The main products exported from Venezuela to Antigua and Barbuda were Electric Motors ($12.8k), Excavation Machinery ($3.38k), and Ball Bearings ($2.18k). During the last 5 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 54.8%, from $1.11M in 2018 to $21k in 2023.

In 2017, Antigua and Barbuda exported $53k to Venezuela. There were not main exports from Antigua and Barbuda to Venezuela in 2017. During the last 5 years the exports of Antigua and Barbuda to Venezuela have increased at an annualized rate of 67.4%, from $4.03k in 2022 to $53k in 2017.

Exports from Venezuela (Flag) to Antigua and Barbuda (Flag) (2023)

Exports from Antigua and Barbuda (Flag) to Venezuela (Flag) (2023)

Latest Data

Trade between Venezuela (Flag) and Antigua and Barbuda (Flag)

Antigua and Barbuda Exports

Market Competitiveness

Color
Venezuela
Top DestinationUnited States$3.81B
Antigua and Barbuda
Top DestinationSuriname$65.5M

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

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

In 2023, countries that imported more from Antigua and Barbuda than Venezuela included Suriname ($65.5M), Poland ($45.7M), and Australia ($11.1M).

Difference in imports from Antigua and Barbuda (Flag) and Venezuela (Flag) (2023)

Comparative Advantage Venezuela - Antigua and Barbuda

Flow
Scale

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

During 2023, Venezuela had a large net trade with Antigua and Barbuda in the exports of Machines ($20.4k), Plastics and Rubbers ($487), and Foodstuffs ($93).

During 2017, Antigua and Barbuda had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Antigua and Barbuda (Flag) (2023)

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