2022
Flag
 GDP
$17.9BCURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP GROWTH
9.18%CURRENT US$
Rnk 146 / 186
2022
Flag
GDP PC
$541CURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP PC GROWTH
-18.9%CURRENT US$
Rnk 172 / 186

About

Venezuela-Mozambique Trade: In 2022, Venezuela exported $17.1k to Mozambique. The main products that Venezuela exported to Mozambique were Other Rubber Products ($8.84k), Iron Fasteners ($7.68k), and Low-voltage Protection Equipment ($351). Over the past 5 years the exports of Venezuela to Mozambique have decreased at an annualized rate of 5.44%, from $22.6k in 2017 to $17.1k in 2022.

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

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

In 2022, Mozambique 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, Mozambique ranked 119 in the Economic Complexity Index (ECI -1.18), and 99 in total exports ($11.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $17.1k to Mozambique. The main products exported from Venezuela to Mozambique were Other Rubber Products ($8.84k), Iron Fasteners ($7.68k), and Low-voltage Protection Equipment ($351). During the last 5 years the exports of Venezuela to Mozambique have decreased at an annualized rate of 5.44%, from $22.6k in 2017 to $17.1k in 2022.

Mozambique does not register exports to Venezuela.

Exports from Venezuela (Flag) to Mozambique (Flag) (2022)

Exports from Mozambique (Flag) to Venezuela (Flag) (2022)

Latest Data

Trade between Venezuela (Flag) and Mozambique (Flag)

Mozambique Exports

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Mozambique
Top Destination
India$2.62B

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

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

In 2022, countries that imported more from Mozambique than Venezuela included India ($2.62B), South Africa ($1.07B), and South Korea ($954M).

Difference in imports from Mozambique (Flag) and Venezuela (Flag) (2022)

Comparative Advantage Venezuela - Mozambique

Flow
Scale

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

During 2022, Venezuela had a large net trade with Mozambique in the exports of Plastics and Rubbers ($8.84k), Metals ($7.68k), and Machines ($587).

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Mozambique (Flag) (2022)

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