2022
Exports
$5.39MWorld Rnk 100 / 210
Flag Rnk 42 / 665
2022
PRODUCT COMPLEXITY IN Baked Goods
-0.32Rnk 655 / 1025
2022
Imports
$66.4MWorld Rnk 83 / 226
Flag Rnk 34 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $5.39M in Baked Goods, making it the 100th largest exporter of Baked Goods in the world. At the same year, Baked Goods was the 42nd most exported product in Venezuela. The main destination of Baked Goods exports from Venezuela are: United States ($4M), Chile ($929k), Peru ($120k), Panama ($109k), and Ecuador ($77k).

The fastest growing export markets for Baked Goods of Venezuela between 2021 and 2022 were United States ($120k), Suriname ($35.2k), and Jamaica ($26.7k).

Imports In 2022, Venezuela imported $66.4M in Baked Goods, becoming the 83rd largest importer of Baked Goods in the world. At the same year, Baked Goods was the 34th most imported product in Venezuela. Venezuela imports Baked Goods primarily from: Brazil ($31.6M), Colombia ($13.9M), Turkey ($10.5M), United States ($4.4M), and Italy ($2.28M).

The fastest growing import markets in Baked Goods for Venezuela between 2021 and 2022 were Colombia ($11.2M), Brazil ($3.09M), and United States ($1.18M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Baked Goods. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.39M
IMPORTS (2022)$66.4M
NET TRADE (2022)-$61M

In 2022, Venezuela exported $5.39M in Baked Goods. The main destinations of Venezuela exports on Baked Goods were United States ($4M), Chile ($929k), Peru ($120k), Panama ($109k), and Ecuador ($77k).

In 2022, Venezuela imported $66.4M in Baked Goods, mainly from Brazil ($31.6M), Colombia ($13.9M), Turkey ($10.5M), United States ($4.4M), and Italy ($2.28M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Baked Goods EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$120k (3.08%)
Suriname$35.2k (1%)
Jamaica$26.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Baked Goods BY Venezuela WERE (2021 - 2022):
Ecuador-$118k (-60.5%)
Chile-$103k (-9.96%)
Dominican Republic-$93.9k (-78.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Baked Goods were:
Germany $4.92B
Canada $4.75B
Italy $3.5B
In 2022, Venezuela's main importing competitors in Baked Goods were:

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Trade Value of Baked Goods by Exporters

Potential Exports

Potential Exports

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N/A
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Baked Goods’s highest export potential is N/A. With an export gap of N/A.   Baked Goods’s highest import potential is N/A with an import gap of N/A.

See methodology.

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