Venezuela / South Africa

Venezuela-South Africa Trade: In 2022, Venezuela exported $232k to South Africa. The main products that Venezuela exported to South Africa were Scented Mixtures ($81.2k), Safety Glass ($61.9k), and Hard Liquor ($44.7k). Over the past 5 years the exports of Venezuela to South Africa have decreased at an annualized rate of 57.3%, from $16.4M in 2017 to $232k in 2022.

In 2022, Venezuela did not export any services to South Africa.

South Africa-Venezuela Trade: In 2022, South Africa exported $8.92M to Venezuela. The main products that South Africa exported to Venezuela were Fruit Juice ($5.44M), Propylene Polymers ($634k), and Electrical Transformers ($401k). Over the past 5 years the exports of South Africa to Venezuela have increased at an annualized rate of 14.7%,  from $4.5M in 2017 to $8.92M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).