Venezuela (VEN) and Cameroon (CMR) Trade | The Observatory of Economic Complexity

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Venezuela-Cameroon Trade: In 2021, Venezuela exported $1.53k to Cameroon. The main products that Venezuela exported to Cameroon were N/A. Over the past 5 years the exports of Venezuela to Cameroon have decreased at an annualized rate of 31.5%, from $10.1k in 2016 to $1.53k in 2021.

In 2021, Venezuela did not export any services to Cameroon.

Cameroon-Venezuela Trade: In 2021, Cameroon exported $437k to Venezuela. The main products that Cameroon exported to Venezuela were N/A. Over the past 5 years the exports of Cameroon to Venezuela have increased at an annualized rate of 74.9%, from $26.7k in 2016 to $437k in 2021.

In 2021, Cameroon 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, Cameroon ranked 113 in the Economic Complexity Index (ECI -1.01), and 117 in total exports ($6.95B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Venezuela exported $1.53k to Cameroon. There were not main exports from Venezuela to Cameroon in 2021. During the last 5 years the exports of Venezuela to Cameroon have decreased at an annualized rate of 31.5%, from $10.1k in 2016 to $1.53k in 2021.

In 2015, Cameroon exported $437k to Venezuela. There were not main exports from Cameroon to Venezuela in 2015. During the last 5 years the exports of Cameroon to Venezuela have increased at an annualized rate of 74.9%, from $26.7k in 2020 to $437k in 2015.

Exports from Venezuela () to Cameroon () (2021)

Exports from Cameroon () to Venezuela () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Cameroon
Top DestinationNetherlands$1.31B

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

In 2022, countries that imported more from Venezuela than Cameroon included Turkey ($597M), Brazil ($361M), and United States ($438M).

In 2022, countries that imported more from Cameroon than Venezuela included Netherlands ($1.31B), France ($1.02B), and India ($974M).

Difference in imports from Cameroon () and Venezuela () (2022)

Comparative Advantage Venezuela - Cameroon

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Venezuela had a large net trade with Cameroon in the exports of .

During 2015, Cameroon had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Cameroon () (2021)

Exports from Cameroon () to Venezuela () (2021)

Market Competitiveness

Difference in imports from Cameroon () and Venezuela () (2022)

Comparative Advantage Venezuela - Cameroon

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Cameroon () (2021)

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