2022
Exports
$21.2MWorld Rnk 120 / 226
Flag Rnk 19 / 91
2022
PRODUCT COMPLEXITY IN Plastics & articles thereof
1.72Rnk 19 / 1025
2022
Imports
$634MWorld Rnk 92 / 226
Flag Rnk 4 / 96
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $21.2M in Plastics & articles thereof, making it the 120th largest exporter of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 19th most exported product in Venezuela. The main destination of Plastics & articles thereof exports from Venezuela are: United States ($14.8M), Colombia ($1.87M), Brazil ($1.78M), Costa Rica ($826k), and Dominican Republic ($517k).

The fastest growing export markets for Plastics & articles thereof of Venezuela between 2021 and 2022 were United States ($12.7M), Brazil ($533k), and Spain ($213k).

Imports In 2022, Venezuela imported $634M in Plastics & articles thereof, becoming the 92nd largest importer of Plastics & articles thereof in the world. At the same year, Plastics & articles thereof was the 4th most imported product in Venezuela. Venezuela imports Plastics & articles thereof primarily from: China ($215M), United States ($185M), Colombia ($110M), Brazil ($36.3M), and Peru ($11M).

The fastest growing import markets in Plastics & articles thereof for Venezuela between 2021 and 2022 were China ($112M), United States ($88.2M), and Colombia ($39.6M).

COMPANIES In 2023, leading companies such as General Motors (1) were at the forefront of shipping Plastics & articles thereof from Venezuela to the United States.

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 Plastics & articles thereof. 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)$21.2M
IMPORTS (2022)$634M
NET TRADE (2022)-$613M

In 2022, Venezuela exported $21.2M in Plastics & articles thereof. The main destinations of Venezuela exports on Plastics & articles thereof were United States ($14.8M), Colombia ($1.87M), Brazil ($1.78M), Costa Rica ($826k), and Dominican Republic ($517k).

In 2022, Venezuela imported $634M in Plastics & articles thereof, mainly from China ($215M), United States ($185M), Colombia ($110M), Brazil ($36.3M), and Peru ($11M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Plastics & articles thereof EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$12.7M (614%)
Brazil$533k (42.7%)
Spain$213k (674%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Plastics & articles thereof BY Venezuela WERE (2021 - 2022):
Colombia-$805k (-30%)
Costa Rica-$689k (-45.5%)
Panama-$85.8k (-44.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Plastics & articles thereof were:
In 2022, Venezuela's main importing competitors in Plastics & articles thereof were:

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Trade Value of Plastics & articles thereof by Exporters

Potential Exports

Potential Exports

Flow
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N/A
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Plastics & articles thereof’s highest export potential is N/A. With an export gap of N/A.   Plastics & articles thereof’s highest import potential is N/A with an import gap of N/A.

See methodology.

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