2022
Flag
 GDP
$151MCURRENT US$
Rnk 185 / 186
2012-2022
Flag
GDP GROWTH
49.3%CURRENT US$
Rnk 63 / 186
2022
Flag
GDP PC
$11,914CURRENT US$
Rnk 70 / 186
2012-2022
Flag
GDP PC GROWTH
23.1%CURRENT US$
Rnk 77 / 186

About

In N/A, Venezuela did not export any services to Nauru.

Nauru-Venezuela Trade: In N/A, Nauru exported $10.5k to Venezuela. The main products that Nauru exported to Venezuela were N/A. Over the past N/A years the exports of Nauru to Venezuela have decreased at an annualized rate of 0.44%,  from $10.8k in N/A to $10.5k in N/A.

In N/A, Nauru 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, Nauru ranked 189 in total exports ($198M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Venezuela does not register exports to Nauru.

In 2007, Nauru exported $10.5k to Venezuela. There were not main exports from Nauru to Venezuela in 2007. During the last 5 years the exports of Nauru to Venezuela have decreased at an annualized rate of 0.44%, from $10.8k in 2012 to $10.5k in 2007.

Exports from Venezuela (Flag) to Nauru (Flag) (2012)

Exports from Nauru (Flag) to Venezuela (Flag) (2012)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Nauru
Top Destination
Thailand$117M

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

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

In 2022, countries that imported more from Nauru than Venezuela included Thailand ($117M), Philippines ($37.5M), and South Korea ($20.9M).

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

Comparative Advantage Venezuela - Nauru

Flow
Scale

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

During 2007, Nauru had a large net trade with Venezuela in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Nauru (Flag) (2012)

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