Venezuela / Netherlands

Venezuela-Netherlands Trade: In 2022, Venezuela exported $175M to Netherlands. The main products that Venezuela exported to Netherlands were Acyclic Alcohols ($84.5M), Crustaceans ($70.1M), and Ferroalloys ($6.82M). Over the past 5 years the exports of Venezuela to Netherlands have increased at an annualized rate of 46.3%, from $26.2M in 2017 to $175M in 2022.

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

Netherlands-Venezuela Trade: In 2022, Netherlands exported $40.2M to Venezuela. The main products that Netherlands exported to Venezuela were Other Agricultural Machinery ($8.39M), Malt ($4.93M), and Other Frozen Vegetables ($4.34M). Over the past 5 years the exports of Netherlands to Venezuela have decreased at an annualized rate of 11.3%,  from $73.1M in 2017 to $40.2M in 2022.

In 2020, Netherlands exported services to Venezuela worth $29.7M, with Other business services ($27.8M), Transportation ($1.26M), and Travel ($457k) 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).