2023
Exports
$113MWorld Rnk 102 / 167
Flag Rnk 8 / 650
2023
PRODUCT COMPLEXITY IN Gold
-2.5Rnk 1019 / 1025
2023
Imports
$6.87kWorld Rnk 162 / 174
Flag Rnk 982 / 1041
2023
ECONOMIC COMPLEXITY of Venezuela
-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $113M in Gold, making it the 102nd largest exporter of Gold in the world. At the same year, Gold was the 8th most exported product in Venezuela. The main destination of Gold exports from Venezuela are: Lebanon ($103M), Turkey ($6.82M), United States ($2.64M), and United Arab Emirates ($1.08M).

The fastest growing export markets for Gold of Venezuela between 2022 and 2023 were Turkey ($6.82M) and United Arab Emirates ($1.08M).

Imports In 2023, Venezuela imported $6.87k in Gold, becoming the 162nd largest importer of Gold in the world. At the same year, Gold was the 982nd most imported product in Venezuela. Venezuela imports Gold primarily from: United States ($6.87k).

The fastest growing import markets in Gold for Venezuela between N/A and 2023 were United States ($6.87k).

Latest Trends

Dec 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 Gold. 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 (2023)$113M
IMPORTS (2023)$6.87k
NET TRADE (2023)$113M

In 2023, Venezuela exported $113M in Gold. The main destinations of Venezuela exports on Gold were Lebanon ($103M), Turkey ($6.82M), United States ($2.64M), and United Arab Emirates ($1.08M).

In 2023, Venezuela imported $6.87k in Gold, mainly from United States ($6.87k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Venezuela WERE (2022 - 2023):
Turkey$6.82M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Venezuela WERE (2022 - 2023):
Lebanon-$44.5M (-30.2%)
United States-$2.88M (-52.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Venezuela's main exporting competitors in Gold were:
In 2023, Venezuela's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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