2022
Exports
$3.11MWorld Rnk 47 / 154
Flag Rnk 59 / 665
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$28.9kWorld Rnk 171 / 212
Flag Rnk 912 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $3.11M in Coconut Oil, making it the 47th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 59th most exported product in Venezuela. The main destination of Coconut Oil exports from Venezuela are: Colombia ($3.11M).

The fastest growing export markets for Coconut Oil of Venezuela between 2021 and 2022 were Colombia ($326k).

Imports In 2022, Venezuela imported $28.9k in Coconut Oil, becoming the 171st largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 912th most imported product in Venezuela. Venezuela imports Coconut Oil primarily from: Sri Lanka ($28.1k), Ecuador ($583), and Portugal ($140).

The fastest growing import markets in Coconut Oil for Venezuela between 2021 and 2022 were Sri Lanka ($3.13k), Ecuador ($583), and Portugal ($140).

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 Coconut Oil. 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)$3.11M
IMPORTS (2022)$28.9k
NET TRADE (2022)$3.08M

In 2022, Venezuela exported $3.11M in Coconut Oil. The main destinations of Venezuela exports on Coconut Oil were Colombia ($3.11M).

In 2022, Venezuela imported $28.9k in Coconut Oil, mainly from Sri Lanka ($28.1k), Ecuador ($583), and Portugal ($140).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):Colombia$326k (11.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Coconut Oil were:
In 2022, Venezuela's main importing competitors in Coconut Oil were:

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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