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ExportsVenezuela-China Trade: In 2023, Venezuela exported $739M to China. The main products that Venezuela exported to China were Petroleum Coke ($366M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($107M), and Iron Ore ($89.6M). Over the past 5 years the exports of Venezuela to China have decreased at an annualized rate of 37%, from $7.43B in 2018 to $739M in 2023.
In 2023, Venezuela did not export any services to China.
China-Venezuela Trade: In 2023, China exported $3.45B to Venezuela. The main products that China exported to Venezuela were Motorcycles and cycles ($188M), Rubber Tires ($142M), and Video Displays ($125M). Over the past 5 years the exports of China to Venezuela have increased at an annualized rate of 24.7%, from $1.15B in 2018 to $3.45B in 2023.
In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).
