Venezuela (VEN) and Kyrgyzstan (KGZ) Trade | The Observatory of Economic Complexity

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Venezuela-Kyrgyzstan Trade: In 2022, Venezuela exported $5.31k to Kyrgyzstan. The main products that Venezuela exported to Kyrgyzstan were Low-voltage Protection Equipment ($4.56k) and Hard Liquor ($745). Over the past 14 years the exports of Venezuela to Kyrgyzstan have increased at an annualized rate of 4.93%, from $2.71k in 2008 to $5.31k in 2022.

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

Kyrgyzstan-Venezuela In N/A, Kyrgyzstan did not export any products to Venezuela.

In 2009, Kyrgyzstan exported services to Venezuela worth $0, with being the largest in terms of value.

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Venezuela exported $5.31k to Kyrgyzstan. The main products exported from Venezuela to Kyrgyzstan were Low-voltage Protection Equipment ($4.56k) and Hard Liquor ($745). During the last 14 years the exports of Venezuela to Kyrgyzstan have increased at an annualized rate of 4.93%, from $2.71k in 2008 to $5.31k in 2022.

Kyrgyzstan does not register exports to Venezuela.

Exports from Venezuela () to Kyrgyzstan () (2022)

Exports from Kyrgyzstan () to Venezuela () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Kyrgyzstan
Top DestinationRussia$1.07B

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

In 2022, countries that imported more from Venezuela than Kyrgyzstan included China ($703M), Spain ($518M), and Turkey ($597M).

In 2022, countries that imported more from Kyrgyzstan than Venezuela included Russia ($1.07B), Kazakhstan ($445M), and Uzbekistan ($240M).

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

Comparative Advantage Venezuela - Kyrgyzstan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Kyrgyzstan in the exports of Machines ($4.56k) and Foodstuffs ($745).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Kyrgyzstan () (2022)

Exports from Kyrgyzstan () to Venezuela () (2022)

Market Competitiveness

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

Comparative Advantage Venezuela - Kyrgyzstan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Kyrgyzstan () (2022)

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