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2022
Flag → Flag
Exports $5.94MRnk 40 / 126
2022
Flag → Flag
Top Product $5.59MPetroleum Coke
2022
Flag → Flag
Exports $94.2kRnk 159 / 173
2022
Flag → Flag
Top Product $91.1kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI -0.87Rnk 107 / 133
2022
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Economic Complexity (ECI) ECI 0.2Rnk 54 / 133
2022
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 GDP$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
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GDP GROWTH-1.37%CURRENT US$
Rnk 167 / 186
2022
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GDP PC$3,777CURRENT US$
Rnk 124 / 186
2012-2022
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GDP PC GROWTH-10.8%CURRENT US$
Rnk 164 / 186

About

Venezuela-Tunisia Trade: In 2022, Venezuela exported $5.94M to Tunisia. The main products that Venezuela exported to Tunisia were Petroleum Coke ($5.59M), Carbon ($282k), and Other Processed Fruits and Nuts ($65.2k). Over the past 5 years the exports of Venezuela to Tunisia have increased at an annualized rate of 218%, from $18.1k in 2017 to $5.94M in 2022.

In 2022, Venezuela did not export any services to Tunisia.

Tunisia-Venezuela Trade: In 2022, Tunisia exported $94.2k to Venezuela. The main products that Tunisia exported to Venezuela were Tropical Fruits ($91.1k) and Jams ($3.07k). Over the past 5 years the exports of Tunisia to Venezuela have increased at an annualized rate of 10%,  from $58.4k in 2017 to $94.2k in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $5.94M to Tunisia. The main products exported from Venezuela to Tunisia were Petroleum Coke ($5.59M), Carbon ($282k), and Other Processed Fruits and Nuts ($65.2k). During the last 5 years the exports of Venezuela to Tunisia have increased at an annualized rate of 218%, from $18.1k in 2017 to $5.94M in 2022.

In 2017, Tunisia exported $94.2k to Venezuela. The main products exported from Tunisia to Venezuela were Tropical Fruits ($91.1k) and Jams ($3.07k). During the last 5 years the exports of Tunisia to Venezuela have increased at an annualized rate of 10%, from $58.4k in 2022 to $94.2k in 2017.

Exports from Venezuela (Flag) to Tunisia (Flag) (2022)

Exports from Tunisia (Flag) to Venezuela (Flag) (2022)

Market Competitiveness

Color
Venezuela
Top DestinationChina$703M
Tunisia
Top DestinationFrance$4.8B

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 2022, countries that imported more from Venezuela than Tunisia included China ($703M), Brazil ($361M), and Turkey ($597M).

In 2022, countries that imported more from Tunisia than Venezuela included France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

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

Comparative Advantage Venezuela - Tunisia

Flow
Scale

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

During 2022, Venezuela had a large net trade with Tunisia in the exports of Mineral Products ($5.59M), Chemical Products ($282k), and Foodstuffs ($65.2k).

During 2017, Tunisia had a large net trade with Venezuela in the exports of Vegetable Products ($91.1k) and Foodstuffs ($3.07k).

Economic Complexity

Competitive Landscape

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.

Product Space of Venezuela (Flag) and Tunisia (Flag) (2022)

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