2022
Exports
$65.5kWorld Rnk 103 / 149
Flag Rnk 253 / 665
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$3.71MWorld Rnk 103 / 218
Flag Rnk 320 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $65.5k in Other Steel Bars, making it the 103rd largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 253rd most exported product in Venezuela. The main destination of Other Steel Bars exports from Venezuela are: Peru ($34.8k) and Colombia ($30.7k).

The fastest growing export markets for Other Steel Bars of Venezuela between 2021 and 2022 were Peru ($34.8k).

Imports In 2022, Venezuela imported $3.71M in Other Steel Bars, becoming the 103rd largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 320th most imported product in Venezuela. Venezuela imports Other Steel Bars primarily from: Colombia ($2.69M), South Korea ($640k), China ($307k), Spain ($36k), and United States ($27.5k).

The fastest growing import markets in Other Steel Bars for Venezuela between 2021 and 2022 were Colombia ($1.2M), South Korea ($271k), and United States ($27.5k).

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 Other Steel Bars. 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)$65.5k
IMPORTS (2022)$3.71M
NET TRADE (2022)-$3.64M

In 2022, Venezuela exported $65.5k in Other Steel Bars. The main destinations of Venezuela exports on Other Steel Bars were Peru ($34.8k) and Colombia ($30.7k).

In 2022, Venezuela imported $3.71M in Other Steel Bars, mainly from Colombia ($2.69M), South Korea ($640k), China ($307k), Spain ($36k), and United States ($27.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):Peru$34.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Venezuela WERE (2021 - 2022):Colombia-$2.81k (-8.38%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Venezuela's main importing competitors in Other Steel Bars were:

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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