Venezuela (VEN) and Tunisia (TUN) Trade | The Observatory of Economic Complexity

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Venezuela-Tunisia Trade: In 2023, Venezuela exported $10.7M to Tunisia. The main products that Venezuela exported to Tunisia were Petroleum Coke ($10.3M), Other Processed Fruits and Nuts ($440k), and Low-voltage Protection Equipment ($266). Over the past 5 years the exports of Venezuela to Tunisia have increased at an annualized rate of 149%, from $111k in 2018 to $10.7M in 2023.

In 2023, Venezuela did not export any services to Tunisia.

Tunisia-Venezuela In N/A, Tunisia did not export any products to Venezuela.

In 2023, Tunisia 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, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Venezuela exported $10.7M to Tunisia. The main products exported from Venezuela to Tunisia were Petroleum Coke ($10.3M), Other Processed Fruits and Nuts ($440k), and Low-voltage Protection Equipment ($266). During the last 5 years the exports of Venezuela to Tunisia have increased at an annualized rate of 149%, from $111k in 2018 to $10.7M in 2023.

Tunisia does not register exports to Venezuela. The main products exported from Tunisia to Venezuela were Tropical Fruits ($116k) and Perfume Plants ($13.3k).

Exports from Venezuela () to Tunisia () (2023)

Exports from Tunisia () to Venezuela () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationUnited States$3.81B

Tunisia
Top DestinationFrance$5.19B

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

In 2023, countries that imported more from Venezuela than Tunisia included United States ($3.81B), China ($739M), and Brazil ($468M).

In 2023, countries that imported more from Tunisia than Venezuela included France ($5.19B), Italy ($3.87B), and Germany ($3.09B).

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

Comparative Advantage Venezuela - Tunisia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Venezuela had a large net trade with Tunisia in the exports of Mineral Products ($10.3M), Foodstuffs ($440k), and Machines ($730).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Tunisia () (2023)

Exports from Tunisia () to Venezuela () (2023)

Market Competitiveness

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

Comparative Advantage Venezuela - Tunisia

Economic Complexity

Competitive Landscape

Product Space of Venezuela () and Tunisia () (2023)

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