2022
Exports
$107MWorld Rnk 74 / 217
Flag Rnk 9 / 91
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$81.8MWorld Rnk 112 / 225
Flag Rnk 28 / 96
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $107M in Beverages, spirits, & vinegar, making it the 74th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 9th most exported product in Venezuela. The main destination of Beverages, spirits, & vinegar exports from Venezuela are: United States ($16.8M), Italy ($16.4M), France ($11.8M), Spain ($11.5M), and Germany ($9.3M).

The fastest growing export markets for Beverages, spirits, & vinegar of Venezuela between 2021 and 2022 were Dominican Republic ($7.55M), Spain ($6.2M), and Italy ($2.86M).

Imports In 2022, Venezuela imported $81.8M in Beverages, spirits, & vinegar, becoming the 112th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 28th most imported product in Venezuela. Venezuela imports Beverages, spirits, & vinegar primarily from: United Kingdom ($19.8M), Suriname ($11.8M), United States ($11.3M), Spain ($8.66M), and Brazil ($6.53M).

The fastest growing import markets in Beverages, spirits, & vinegar for Venezuela between 2021 and 2022 were United Kingdom ($6.73M), Suriname ($4.5M), and United States ($3.71M).

COMPANIES In 2023, leading companies such as Gallo Family Vineyards (544) were at the forefront of shipping Beverages, spirits, & vinegar from Venezuela to the United States.

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 Beverages, spirits, & vinegar. 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)$107M
IMPORTS (2022)$81.8M
NET TRADE (2022)$25.6M

In 2022, Venezuela exported $107M in Beverages, spirits, & vinegar. The main destinations of Venezuela exports on Beverages, spirits, & vinegar were United States ($16.8M), Italy ($16.4M), France ($11.8M), Spain ($11.5M), and Germany ($9.3M).

In 2022, Venezuela imported $81.8M in Beverages, spirits, & vinegar, mainly from United Kingdom ($19.8M), Suriname ($11.8M), United States ($11.3M), Spain ($8.66M), and Brazil ($6.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Dominican Republic$7.55M (557%)
Spain$6.2M (116%)
Italy$2.86M (21.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Venezuela WERE (2021 - 2022):
Germany-$14.5M (-61%)
United States-$2.14M (-11.3%)
Netherlands-$1.3M (-41.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Venezuela's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

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Beverages, spirits, & vinegar’s highest export potential is N/A. With an export gap of N/A.   Beverages, spirits, & vinegar’s highest import potential is N/A with an import gap of N/A.

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