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2022
Flag → Flag
Exports $94.5kRnk 90 / 126
2022
Flag → Flag
Top Product $17.4kCitrus
2022
Flag → Flag
Exports $115kRnk 125 / 158
2022
Flag → Flag
Top Product $115kCement Articles
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
Flag
 GDP$44.4BCURRENT US$
Rnk 93 / 186
2012-2022
Flag
GDP GROWTH44.4%CURRENT US$
Rnk 77 / 186
2022
Flag
GDP PC$30,152CURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP PC GROWTH20.1%CURRENT US$
Rnk 88 / 186

About

Venezuela-Bahrain Trade: In 2022, Venezuela exported $94.5k to Bahrain. The main products that Venezuela exported to Bahrain were Citrus ($17.4k), Hard Liquor ($16.6k), and Seats ($11.9k). Over the past 5 years the exports of Venezuela to Bahrain have decreased at an annualized rate of 34.6%, from $791k in 2017 to $94.5k in 2022.

In 2022, Venezuela did not export any services to Bahrain.

Bahrain-Venezuela Trade: In 2022, Bahrain exported $115k to Venezuela. The main products that Bahrain exported to Venezuela were Cement Articles ($115k). Over the past 5 years the exports of Bahrain to Venezuela have decreased at an annualized rate of 6.54%,  from $161k in 2017 to $115k in 2022.

In 2022, Bahrain 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, Bahrain ranked 77 in total exports ($20.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $94.5k to Bahrain. The main products exported from Venezuela to Bahrain were Citrus ($17.4k), Hard Liquor ($16.6k), and Seats ($11.9k). During the last 5 years the exports of Venezuela to Bahrain have decreased at an annualized rate of 34.6%, from $791k in 2017 to $94.5k in 2022.

In 2017, Bahrain exported $115k to Venezuela. The main products exported from Bahrain to Venezuela were Cement Articles ($115k). During the last 5 years the exports of Bahrain to Venezuela have decreased at an annualized rate of 6.54%, from $161k in 2022 to $115k in 2017.

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

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

Latest Data

Trade between Venezuela (Flag) and Bahrain (Flag)

Bahrain Exports

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Bahrain
Top DestinationSaudi Arabia$3.03B

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

In 2022, countries that imported more from Venezuela than Bahrain included China ($703M), Brazil ($361M), and Lebanon ($150M).

In 2022, countries that imported more from Bahrain than Venezuela included Saudi Arabia ($3.03B), United Arab Emirates ($2.07B), and United States ($1.83B).

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

Comparative Advantage Venezuela - Bahrain

Flow
Scale

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

During 2022, Venezuela had a large net trade with Bahrain in the exports of Vegetable Products ($30k), Miscellaneous ($23.2k), and Foodstuffs ($16.7k).

During 2017, Bahrain had a large net trade with Venezuela in the exports of Stone And Glass ($115k).

Economic Complexity

Competitive Landscape

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

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

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