2022
Flag
 GDP
$29.8BCURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP GROWTH
16.8%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$1,488CURRENT US$
Rnk 158 / 186
2012-2022
Flag
GDP PC GROWTH
-14%CURRENT US$
Rnk 165 / 186

About

Venezuela-Zambia Trade: In 2022, Venezuela exported $15.7k to Zambia. The main products that Venezuela exported to Zambia were Other Coloring Matter ($15.7k). Over the past 6 years the exports of Venezuela to Zambia have increased at an annualized rate of 148%, from $68 in 2016 to $15.7k in 2022.

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

Zambia-Venezuela Trade: In 2022, Zambia exported $7.9k to Venezuela. The main products that Zambia exported to Venezuela were N/A. Over the past 6 years the exports of Zambia to Venezuela have increased at an annualized rate of 13.9%,  from $4.13k in 2016 to $7.9k in 2022.

In 2022, Zambia 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, Zambia ranked 96 in the Economic Complexity Index (ECI -0.7), and 88 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Venezuela exported $15.7k to Zambia. The main products exported from Venezuela to Zambia were Other Coloring Matter ($15.7k). During the last 6 years the exports of Venezuela to Zambia have increased at an annualized rate of 148%, from $68 in 2016 to $15.7k in 2022.

In 2012, Zambia exported $7.9k to Venezuela. There were not main exports from Zambia to Venezuela in 2012. During the last 5 years the exports of Zambia to Venezuela have increased at an annualized rate of 13.9%, from $4.13k in 2017 to $7.9k in 2012.

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

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

Latest Data

Trade between Venezuela (Flag) and Zambia (Flag)

Zambia Exports

Date

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Zambia
Top Destination
Switzerland$4.5B

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

In 2022, countries that imported more from Venezuela than Zambia included Turkey ($597M), Spain ($518M), and Brazil ($361M).

In 2022, countries that imported more from Zambia than Venezuela included Switzerland ($4.5B), China ($2.6B), and Democratic Republic of the Congo ($1.51B).

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

Comparative Advantage Venezuela - Zambia

Flow
Scale

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

During 2022, Venezuela had a large net trade with Zambia in the exports of Chemical Products ($15.7k).

During 2012, Zambia 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 Zambia. This means that a dot/product with the flag of Venezuela indicates it has a comparative advantage over Zambia. Similarly, a dot/product with the flag of Zambia indicates it has a comparative advantage over Venezuela.

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

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