Venezuela / Russia

Venezuela-Russia Trade: In 2019, Venezuela exported $1.57M to Russia. The main products that Venezuela exported to Russia were N/A. Over the past 5 years the exports of Venezuela to Russia have decreased at an annualized rate of 12.2%, from $3.03M in 2014 to $1.57M in 2019.

In 2019, Venezuela did not export any services to Russia.

Russia-Venezuela Trade: In 2019, Russia exported $92.5M to Venezuela. The main products that Russia exported to Venezuela were N/A. Over the past 5 years the exports of Russia to Venezuela have decreased at an annualized rate of 25.1%,  from $394M in 2014 to $92.5M in 2019.

In 2017, Russia exported services to Venezuela worth $6M, with Other business services ($5.2M), Computer and information services ($500k), and Personal, cultural, and recreational services ($200k) 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, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).