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ExportsVenezuela-India Trade: In 2022, Venezuela exported $5.9B to India. The main products that Venezuela exported to India were Petroleum Coke ($97.6M), Scrap Iron ($85.2M), and Acyclic Alcohols ($32.5M). Over the past 5 years the exports of Venezuela to India have increased at an annualized rate of 246%, from $11.9M in 2017 to $5.9B in 2022.
In 2022, Venezuela did not export any services to India.
India-Venezuela Trade: In 2022, India exported $81.6M to Venezuela. The main products that India exported to Venezuela were Packaged Medicaments ($92.3M), Heavy Mixed Woven Cotton ($14.7M), and Vaccines, blood, antisera, toxins and cultures ($14.1M). Over the past 5 years the exports of India to Venezuela have increased at an annualized rate of 35.7%, from $17.8M in 2017 to $81.6M in 2022.
In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).
