Venezuela-Australia Trade: In 2022, Venezuela exported $1.81M to Australia. The main products that Venezuela exported to Australia were Hard Liquor ($1.47M), Refrigerators ($61.5k), and Unglazed Ceramics ($61k). Over the past 5 years the exports of Venezuela to Australia have increased at an annualized rate of 12.9%, from $986k in 2017 to $1.81M in 2022.
In 2022, Venezuela did not export any services to Australia.
Australia-Venezuela Trade: In 2022, Australia exported $7.22M to Venezuela. The main products that Australia exported to Venezuela were Motor vehicles; parts and accessories (8701 to 8705) ($5.27M), Other Knit Garments ($235k), and Knit Sweaters ($222k). Over the past 5 years the exports of Australia to Venezuela have increased at an annualized rate of 47.4%, from $1.04M in 2017 to $7.22M in 2022.
In 2022, Australia 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, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).