2022
Exports
$40.5kWorld Rnk 95 / 179
Flag Rnk 287 / 665
2022
PRODUCT COMPLEXITY IN Candles
0.33Rnk 433 / 1025
2022
Imports
$1.66MWorld Rnk 99 / 219
Flag Rnk 437 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $40.5k in Candles, making it the 95th largest exporter of Candles in the world. At the same year, Candles was the 287th most exported product in Venezuela. The main destination of Candles exports from Venezuela are: United States ($33.6k), Canada ($6.79k), and United Arab Emirates ($138).

The fastest growing export markets for Candles of Venezuela between 2021 and 2022 were Canada ($6.79k), United States ($6.1k), and United Arab Emirates ($138).

Imports In 2022, Venezuela imported $1.66M in Candles, becoming the 99th largest importer of Candles in the world. At the same year, Candles was the 437th most imported product in Venezuela. Venezuela imports Candles primarily from: China ($1.29M), Italy ($192k), Panama ($60.2k), Spain ($29.3k), and United States ($20.9k).

The fastest growing import markets in Candles for Venezuela between 2021 and 2022 were China ($316k), Italy ($154k), and Panama ($60.2k).

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 Candles. 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)$40.5k
IMPORTS (2022)$1.66M
NET TRADE (2022)-$1.62M

In 2022, Venezuela exported $40.5k in Candles. The main destinations of Venezuela exports on Candles were United States ($33.6k), Canada ($6.79k), and United Arab Emirates ($138).

In 2022, Venezuela imported $1.66M in Candles, mainly from China ($1.29M), Italy ($192k), Panama ($60.2k), Spain ($29.3k), and United States ($20.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Candles EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Canada$6.79k (1%)
United States$6.1k (22.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Candles BY Venezuela WERE (2021 - 2022):Ecuador-$12 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Candles were:
China $1.27B
In 2022, Venezuela's main importing competitors in Candles were:

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Trade Value of Candles by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

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

See methodology.

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