2022
Exports
$586kWorld Rnk 107 / 180
Flag Rnk 114 / 665
2022
PRODUCT COMPLEXITY IN Malt Extract
0.015Rnk 542 / 1025
2022
Imports
$178MWorld Rnk 34 / 224
Flag Rnk 11 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $586k in Malt Extract, making it the 107th largest exporter of Malt Extract in the world. At the same year, Malt Extract was the 114th most exported product in Venezuela. The main destination of Malt Extract exports from Venezuela are: United States ($261k), Peru ($204k), Chile ($109k), Panama ($10.5k), and Canada ($833).

The fastest growing export markets for Malt Extract of Venezuela between 2021 and 2022 were United States ($95.1k), Chile ($62.1k), and France ($299).

Imports In 2022, Venezuela imported $178M in Malt Extract, becoming the 34th largest importer of Malt Extract in the world. At the same year, Malt Extract was the 11th most imported product in Venezuela. Venezuela imports Malt Extract primarily from: Brazil ($165M), Mexico ($4.57M), Uruguay ($2.57M), Colombia ($1.13M), and United States ($1.08M).

The fastest growing import markets in Malt Extract for Venezuela between 2021 and 2022 were Brazil ($38M), Mexico ($4.57M), and Uruguay ($2.56M).

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 Malt Extract. 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)$586k
IMPORTS (2022)$178M
NET TRADE (2022)-$177M

In 2022, Venezuela exported $586k in Malt Extract. The main destinations of Venezuela exports on Malt Extract were United States ($261k), Peru ($204k), Chile ($109k), Panama ($10.5k), and Canada ($833).

In 2022, Venezuela imported $178M in Malt Extract, mainly from Brazil ($165M), Mexico ($4.57M), Uruguay ($2.57M), Colombia ($1.13M), and United States ($1.08M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Malt Extract EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$95.1k (57.4%)
Chile$62.1k (131%)
France$299 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Malt Extract BY Venezuela WERE (2021 - 2022):
Peru-$200k (-49.5%)
Dominican Republic-$101k (-100%)
Panama-$19.3k (-64.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Malt Extract were:
In 2022, Venezuela's main importing competitors in Malt Extract were:

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Trade Value of Malt Extract by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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