2022
Flag
 GDP
$1.76BCURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP GROWTH
46.5%CURRENT US$
Rnk 72 / 186
2022
Flag
GDP PC
$18,745CURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP PC GROWTH
37%CURRENT US$
Rnk 54 / 186

About

Venezuela-Antigua and Barbuda In 2022, Venezuela exported $12.5k to Antigua and Barbuda. The main products that Venezuela exported to Antigua and Barbuda are Equine and Bovine Hides ($10.3k), Hard Liquor ($1.38k), and Computers ($370). During the last 27 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 11.3%, from $322k in 1995 to $12.5k in 2022.

In 2022, Venezuela did not export any services to Antigua and Barbuda.

Antigua and Barbuda-Venezuela In 2022, Antigua and Barbuda exported $53k to Venezuela. The main products that Antigua and Barbuda exported to Venezuela were Refined Petroleum ($53k). During the last 27 years the exports of Antigua and Barbuda to Venezuela have increased at an annualized rate of 0.61%, from $45k in 1995 to $53k in 2022.

In 2022, Antigua and Barbuda 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, Antigua and Barbuda ranked 188 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $12.5k to Antigua and Barbuda. The main products exported from Venezuela to Antigua and Barbuda were Equine and Bovine Hides ($10.3k), Hard Liquor ($1.38k), and Computers ($370). During the last 27 years the exports of Venezuela to Antigua and Barbuda have decreased at an annualized rate of 11.3%, from $322k in 1995 to $12.5k in 2022.

In 2022, Antigua and Barbuda exported $53k to Venezuela. The main products exported from Antigua and Barbuda to Venezuela were Refined Petroleum ($53k). During the last 27 years the exports of Antigua and Barbuda to Venezuela have increased at an annualized rate of 0.61%, from $45k in 1995 to $53k in 2022.

Exports from Venezuela (Flag) to Antigua and Barbuda (Flag) (2022)

Exports from Antigua and Barbuda (Flag) to Venezuela (Flag) (2022)

Latest Data

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

Antigua and Barbuda Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Antigua and Barbuda
Top Destination
Suriname$54.9M

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 2021, countries that imported more from Venezuela than Antigua and Barbuda were China ($703M), Turkey ($597M), and Spain ($518M).

In 2021, countries that imported more from Antigua and Barbuda than Venezuela were Suriname ($54.9M), Barbados ($10.1M), and Australia ($6.7M).

Difference in imports from Antigua and Barbuda (Flag) and Venezuela (Flag) (2022)

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 2022, Venezuela had a large net trade with Antigua and Barbuda in the exports of Animal Hides ($10.3k), Foodstuffs ($1.67k), and Machines ($451).

During 2022, Antigua and Barbuda had a large net trade with Venezuela in the exports of Mineral Products ($53k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Venezuela has comparative advantage over Antigua and Barbuda. Similarly, the more yellow a dot/product is, the more Antigua and Barbuda has comparative advantage over Venezuela.

Product Space of Venezuela (Flag) and Antigua and Barbuda (Flag) (2022)

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