2022
Exports
$12.4kWorld Rnk 175 / 221
Flag Rnk 382 / 665
2022
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 909 / 1025
2022
Imports
$10.9MWorld Rnk 107 / 218
Flag Rnk 170 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $12.4k in Knit Sweaters, making it the 175th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 382nd most exported product in Venezuela. The main destination of Knit Sweaters exports from Venezuela are: Panama ($3.59k), South Korea ($2.61k), Switzerland ($1.73k), United States ($1.4k), and Canada ($826).

The fastest growing export markets for Knit Sweaters of Venezuela between 2021 and 2022 were South Korea ($2.45k), Switzerland ($1.63k), and United States ($1.4k).

Imports In 2022, Venezuela imported $10.9M in Knit Sweaters, becoming the 107th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 170th most imported product in Venezuela. Venezuela imports Knit Sweaters primarily from: Peru ($3.7M), China ($3.12M), United States ($1.33M), Vietnam ($889k), and Italy ($583k).

The fastest growing import markets in Knit Sweaters for Venezuela between 2021 and 2022 were China ($1.44M), Peru ($1.18M), and Italy ($486k).

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 Knit Sweaters. 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)$12.4k
IMPORTS (2022)$10.9M
NET TRADE (2022)-$10.9M

In 2022, Venezuela exported $12.4k in Knit Sweaters. The main destinations of Venezuela exports on Knit Sweaters were Panama ($3.59k), South Korea ($2.61k), Switzerland ($1.73k), United States ($1.4k), and Canada ($826).

In 2022, Venezuela imported $10.9M in Knit Sweaters, mainly from Peru ($3.7M), China ($3.12M), United States ($1.33M), Vietnam ($889k), and Italy ($583k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
South Korea$2.45k (1.53k%)
Switzerland$1.63k (1.56k%)
United States$1.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Venezuela WERE (2021 - 2022):
Ireland-$9.4k (-98.9%)
United Kingdom-$7.53k (-100%)
Guatemala-$2.05k (-94.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Knit Sweaters were:
In 2022, Venezuela's main importing competitors in Knit Sweaters were:

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

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

See methodology.

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