2023
Exports
$14.5MWorld Rnk 54 / 177
Flag Rnk 30 / 650
2023
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.38Rnk 1016 / 1025
2023
Imports
$2.89MWorld Rnk 97 / 213
Flag Rnk 335 / 1041
2023
ECONOMIC COMPLEXITY of Venezuela
-0.82Rnk 100 / 132

About

Exports In 2023, Venezuela exported $14.5M in Other Oily Seeds, making it the 54th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 30th most exported product in Venezuela. The main destination of Other Oily Seeds exports from Venezuela are: Jordan ($8.56M), Bolivia ($2.58M), Guatemala ($966k), Turkey ($905k), and Colombia ($452k).

The fastest growing export markets for Other Oily Seeds of Venezuela between 2022 and 2023 were Jordan ($8.56M), Bolivia ($2.13M), and Turkey ($905k).

Imports In 2023, Venezuela imported $2.89M in Other Oily Seeds, becoming the 97th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 335th most imported product in Venezuela. Venezuela imports Other Oily Seeds primarily from: Costa Rica ($1.11M), Canada ($672k), Peru ($290k), Germany ($233k), and Bolivia ($138k).

The fastest growing import markets in Other Oily Seeds for Venezuela between 2022 and 2023 were Peru ($231k), Bolivia ($138k), and Indonesia ($135k).

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 Other Oily Seeds. 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)$14.5M
IMPORTS (2023)$2.89M
NET TRADE (2023)$11.6M

In 2023, Venezuela exported $14.5M in Other Oily Seeds. The main destinations of Venezuela exports on Other Oily Seeds were Jordan ($8.56M), Bolivia ($2.58M), Guatemala ($966k), Turkey ($905k), and Colombia ($452k).

In 2023, Venezuela imported $2.89M in Other Oily Seeds, mainly from Costa Rica ($1.11M), Canada ($672k), Peru ($290k), Germany ($233k), and Bolivia ($138k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Venezuela WERE (2022 - 2023):
Jordan$8.56M (1%)
Bolivia$2.13M (468%)
Turkey$905k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Venezuela WERE (2022 - 2023):
Guatemala-$1.55M (-61.6%)
Israel-$413k (-90.6%)
Colombia-$155k (-25.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Venezuela's main exporting competitors in Other Oily Seeds were:
Sudan $709M
India $576M
China $411M
In 2023, Venezuela's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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