2022
Flag
 GDP
$962MCURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP GROWTH
16.5%CURRENT US$
Rnk 133 / 186
2022
Flag
GDP PC
$20,177CURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP PC GROWTH
16.7%CURRENT US$
Rnk 97 / 186

About

Venezuela-Saint Kitts and Nevis In 2017, Venezuela exported $368k to Saint Kitts and Nevis. The main products that Venezuela exported to Saint Kitts and Nevis are N/A. During the last 22 years the exports of Venezuela to Saint Kitts and Nevis have increased at an annualized rate of 1.41%, from $271k in 1995 to $368k in 2017.

In 2017, Venezuela did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-Venezuela In 2017, Saint Kitts and Nevis exported $300 to Venezuela. The main products that Saint Kitts and Nevis exported to Venezuela were N/A. During the last 22 years the exports of Saint Kitts and Nevis to Venezuela have decreased at an annualized rate of 9.71%, from $2.84k in 1995 to $300 in 2017.

In 2017, Saint Kitts and Nevis 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, Saint Kitts and Nevis ranked 203 in total exports ($43.7M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Venezuela exported $368k to Saint Kitts and Nevis. There were not main exports from Venezuela to Saint Kitts and Nevis in 2017. During the last 22 years the exports of Venezuela to Saint Kitts and Nevis have increased at an annualized rate of 1.41%, from $271k in 1995 to $368k in 2017.

In 2017, Saint Kitts and Nevis exported $300 to Venezuela. There were not main exports from Saint Kitts and Nevis to Venezuela in 2017. During the last 8 years the exports of Saint Kitts and Nevis to Venezuela have decreased at an annualized rate of 9.71%, from $2.84k in 2009 to $300 in 2017.

Exports from Venezuela (Flag) to Saint Kitts and Nevis (Flag) (2017)

Exports from Saint Kitts and Nevis (Flag) to Venezuela (Flag) (2017)

Latest Data

Trade between Venezuela (Flag) and Saint Kitts and Nevis (Flag)

Saint Kitts and Nevis Exports

Date

Market Competitiveness

Color
Venezuela
Top Destination
China$703M

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

In 2021, countries that imported more from Venezuela than Saint Kitts and Nevis were China ($703M), Turkey ($597M), and Spain ($518M).

In 2021, countries that imported more from Saint Kitts and Nevis than Venezuela were Antigua and Barbuda ($537k), Grenada ($416k), and Belize ($321k).

Difference in imports from Saint Kitts and Nevis (Flag) and Venezuela (Flag) (2022)

Comparative Advantage Venezuela - Saint Kitts and Nevis

Flow
Scale

This chart compares trade between Venezuela and Saint Kitts and Nevis by product, considering products traded by both, Venezuela and Saint Kitts and Nevis.

During 2017, Venezuela had a large net trade with Saint Kitts and Nevis in the exports of .

During 2017, Saint Kitts and Nevis had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Venezuela has comparative advantage over Saint Kitts and Nevis. Similarly, the more yellow a dot/product is, the more Saint Kitts and Nevis has comparative advantage over Venezuela.

Product Space of Venezuela (Flag) and Saint Kitts and Nevis (Flag) (2017)

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