Venezuela (VEN) and Niger (NER) Trade | The Observatory of Economic Complexity

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Venezuela-Niger Trade: In 2022, Venezuela exported $288 to Niger. The main products that Venezuela exported to Niger were Lettuce ($288). Over the past 7 years the exports of Venezuela to Niger have decreased at an annualized rate of 64.8%, from $429k in 2015 to $288 in 2022.

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

Niger-Venezuela Trade: In 2022, Niger exported $1.33M to Venezuela. The main products that Niger exported to Venezuela were N/A. Over the past 7 years the exports of Niger to Venezuela have increased at an annualized rate of 112%, from $31.1k in 2015 to $1.33M in 2022.

In 2022, Niger 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, Niger ranked 97 in the Economic Complexity Index (ECI -0.71), and 136 in total exports ($3.24B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Venezuela exported $288 to Niger. The main products exported from Venezuela to Niger were Lettuce ($288). During the last 7 years the exports of Venezuela to Niger have decreased at an annualized rate of 64.8%, from $429k in 2015 to $288 in 2022.

In 2009, Niger exported $1.33M to Venezuela. There were not main exports from Niger to Venezuela in 2009. During the last 5 years the exports of Niger to Venezuela have increased at an annualized rate of 112%, from $31.1k in 2014 to $1.33M in 2009.

Exports from Venezuela () to Niger () (2022)

Exports from Niger () to Venezuela () (2022)

Latest Data

Trade between Venezuela () and Niger ()

Niger Exports

Date

Dec 2014

Nov 2014

Oct 2014

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Niger
Top DestinationUnited Arab Emirates$2.23B

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

In 2022, countries that imported more from Venezuela than Niger included Turkey ($597M), Spain ($518M), and United States ($438M).

In 2022, countries that imported more from Niger than Venezuela included United Arab Emirates ($2.23B), France ($291M), and Nigeria ($91.6M).

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

Comparative Advantage Venezuela - Niger

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Niger in the exports of Vegetable Products ($288).

During 2009, Niger 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 Niger. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Niger. Similarly, a dot/product with the flag of Niger indicates it has a comparative advantage over Venezuela.

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Niger () (2022)

Exports from Niger () to Venezuela () (2022)

Latest Data

Trade between Venezuela () and Niger ()

Niger Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Niger

Economic Complexity

Competitive Landscape

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

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