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Venezuela-Syria Trade: In 2011, Venezuela exported $90k to Syria. The main products that Venezuela exported to Syria were N/A. Over the past 5 years the exports of Venezuela to Syria have decreased at an annualized rate of 24.9%, from $376k in 2006 to $90k in 2011.

In 2011, Venezuela did not export any services to Syria.

Syria-Venezuela Trade: In 2011, Syria exported $3.39M to Venezuela. The main products that Syria exported to Venezuela were N/A. Over the past 5 years the exports of Syria to Venezuela have decreased at an annualized rate of 12.6%,  from $6.64M in 2006 to $3.39M in 2011.

In 2011, Syria 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, Syria ranked 164 in total exports ($771M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2011, Venezuela exported $90k to Syria. There were not main exports from Venezuela to Syria in 2011. During the last 5 years the exports of Venezuela to Syria have decreased at an annualized rate of 24.9%, from $376k in 2006 to $90k in 2011.

In 2008, Syria exported $3.39M to Venezuela. There were not main exports from Syria to Venezuela in 2008. During the last 5 years the exports of Syria to Venezuela have decreased at an annualized rate of 12.6%, from $6.64M in 2013 to $3.39M in 2008.

Exports from Venezuela (Flag) to Syria (Flag) (2013)

Exports from Syria (Flag) to Venezuela (Flag) (2013)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Syria
Top Destination
Turkey$226M

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

In 2022, countries that imported more from Venezuela than Syria included China ($703M), Spain ($518M), and United States ($438M).

In 2022, countries that imported more from Syria than Venezuela included Kuwait ($114M), Jordan ($62.6M), and United Arab Emirates ($51.9M).

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

Comparative Advantage Venezuela - Syria

Flow
Scale

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

During 2011, Venezuela had a large net trade with Syria in the exports of .

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

Product Space of Venezuela (Flag) and Syria (Flag) (2013)

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