Venezuela (VEN) and Seychelles (SYC) Trade | The Observatory of Economic Complexity

About

Venezuela-Seychelles Trade: In 2020, Venezuela exported $7.8k to Seychelles. The main products that Venezuela exported to Seychelles were N/A. Over the past 6 years the exports of Venezuela to Seychelles have increased at an annualized rate of 34.7%, from $1.31k in 2014 to $7.8k in 2020.

In 2020, Venezuela did not export any services to Seychelles.

Seychelles-Venezuela Trade: In 2020, Seychelles exported $884k to Venezuela. The main products that Seychelles exported to Venezuela were N/A. Over the past 6 years the exports of Seychelles to Venezuela have increased at an annualized rate of 9.65%, from $203k in 2014 to $884k in 2020.

In 2020, Seychelles did not export any services to Venezuela.

Comparison In 2023, Venezuela ranked 100 in the Economic Complexity Index (ECI -0.82), and 113 in total exports ($7.63B). That same year, Seychelles ranked 166 in total exports ($742M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Venezuela exported $7.8k to Seychelles. There were not main exports from Venezuela to Seychelles in 2020. During the last 6 years the exports of Venezuela to Seychelles have increased at an annualized rate of 34.7%, from $1.31k in 2014 to $7.8k in 2020.

In 2008, Seychelles exported $884k to Venezuela. There were not main exports from Seychelles to Venezuela in 2008. During the last 5 years the exports of Seychelles to Venezuela have increased at an annualized rate of 9.65%, from $203k in 2013 to $884k in 2008.

Exports from Venezuela () to Seychelles () (2020)

Exports from Seychelles () to Venezuela () (2020)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationUnited States$3.81B

Seychelles
Top DestinationFrance$147M

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

In 2023, countries that imported more from Venezuela than Seychelles included United States ($3.81B), China ($739M), and Spain ($670M).

In 2023, countries that imported more from Seychelles than Venezuela included Mauritius ($88.5M), Japan ($59.8M), and France ($147M).

Difference in imports from Seychelles () and Venezuela () (2023)

Comparative Advantage Venezuela - Seychelles

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Venezuela had a large net trade with Seychelles in the exports of .

During 2008, Seychelles 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 Seychelles. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Seychelles. Similarly, a dot/product with the flag of Seychelles indicates it has a comparative advantage over Venezuela.

About

Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Seychelles () (2020)

Exports from Seychelles () to Venezuela () (2020)

Market Competitiveness

Difference in imports from Seychelles () and Venezuela () (2023)

Comparative Advantage Venezuela - Seychelles

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Seychelles () (2020)

Keep Exploring