2022
Exports
$1.39MWorld Rnk 82 / 186
Flag Rnk 87 / 665
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts
-0.5Rnk 703 / 1025
2022
Imports
$2.67MWorld Rnk 137 / 221
Flag Rnk 371 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $1.39M in Coffee and Tea Extracts, making it the 82nd largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 87th most exported product in Venezuela. The main destination of Coffee and Tea Extracts exports from Venezuela are: United States ($1.23M), Chile ($139k), Peru ($8.85k), Maldives ($7.04k), and Canada ($346).

The fastest growing export markets for Coffee and Tea Extracts of Venezuela between 2021 and 2022 were United States ($592k), Maldives ($7.04k), and Peru ($2.86k).

Imports In 2022, Venezuela imported $2.67M in Coffee and Tea Extracts, becoming the 137th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 371st most imported product in Venezuela. Venezuela imports Coffee and Tea Extracts primarily from: Colombia ($858k), India ($857k), Netherlands ($549k), United States ($159k), and Lebanon ($73.7k).

The fastest growing import markets in Coffee and Tea Extracts for Venezuela between 2021 and 2022 were Colombia ($622k), India ($552k), and Netherlands ($218k).

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 Coffee and Tea Extracts. 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)$1.39M
IMPORTS (2022)$2.67M
NET TRADE (2022)-$1.29M

In 2022, Venezuela exported $1.39M in Coffee and Tea Extracts. The main destinations of Venezuela exports on Coffee and Tea Extracts were United States ($1.23M), Chile ($139k), Peru ($8.85k), Maldives ($7.04k), and Canada ($346).

In 2022, Venezuela imported $2.67M in Coffee and Tea Extracts, mainly from Colombia ($858k), India ($857k), Netherlands ($549k), United States ($159k), and Lebanon ($73.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$592k (92.7%)
Maldives$7.04k (1%)
Peru$2.86k (47.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Venezuela WERE (2021 - 2022):
Chile-$188k (-57.6%)
Spain-$22.6k (-100%)
Singapore-$20.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Coffee and Tea Extracts were:
In 2022, Venezuela's main importing competitors in Coffee and Tea Extracts were:

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

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

Coffee and Tea Extracts’s highest export potential is N/A. With an export gap of N/A.   Coffee and Tea Extracts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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