2022
Exports | Imports
$26.1k | $826kWorld Rnk 142 / 194
Flag Rnk 327 / 665
World Rnk 141 / 223
Flag Rnk 562 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.9Rnk 99 / 124
2022
PRODUCT COMPLEXITY IN Spices
-1.64Rnk 961 / 1025

About

Exports In 2022, Venezuela exported $26.1k in Spices, making it the 142nd largest exporter of Spices in the world. At the same year, Spices was the 327th most exported product in Venezuela. The main destination of Spices exports from Venezuela are: United States ($22.8k), United Kingdom ($3.05k), Norway ($109), Rwanda ($54), and Slovenia ($53).

The fastest growing export markets for Spices of Venezuela between 2021 and 2022 were United States ($22.8k), United Kingdom ($3.05k), and Norway ($109).

Imports In 2022, Venezuela imported $826k in Spices, becoming the 141st largest importer of Spices in the world. At the same year, Spices was the 562nd most imported product in Venezuela. Venezuela imports Spices primarily from: India ($209k), United States ($201k), Lebanon ($177k), Turkey ($94.1k), and Germany ($60.7k).

The fastest growing import markets in Spices for Venezuela between 2021 and 2022 were Lebanon ($101k), India ($85.4k), and Turkey ($31.7k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Spices from Venezuela to the United States.

Latest Trends

Feb 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 Spices. 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)$26.1k
IMPORTS (2022)$826k
NET TRADE (2022)-$800k

In 2022, Venezuela exported $26.1k in Spices. The main destinations of Venezuela exports on Spices were United States ($22.8k), United Kingdom ($3.05k), Norway ($109), Rwanda ($54), and Slovenia ($53).

In 2022, Venezuela imported $826k in Spices, mainly from India ($209k), United States ($201k), Lebanon ($177k), Turkey ($94.1k), and Germany ($60.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
United States$22.8k (1%)
United Kingdom$3.05k (1%)
Norway$109 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Venezuela WERE (2021 - 2022):
Trinidad and Tobago-$645 (-100%)
Canada-$475 (-93.7%)
Spain-$73 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

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