2022
Exports
$7.51kWorld Rnk 99 / 168
Flag Rnk 418 / 665
2022
PRODUCT COMPLEXITY IN String Instruments
0.51Rnk 362 / 1025
2022
Imports
$23.7kWorld Rnk 157 / 209
Flag Rnk 922 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $7.51k in String Instruments, making it the 99th largest exporter of String Instruments in the world. At the same year, String Instruments was the 418th most exported product in Venezuela. The main destination of String Instruments exports from Venezuela are: Germany ($2.35k), France ($2.25k), Panama ($1.22k), Spain ($451), and Chile ($425).

The fastest growing export markets for String Instruments of Venezuela between 2021 and 2022 were Germany ($2.35k), France ($1.46k), and Netherlands ($238).

Imports In 2022, Venezuela imported $23.7k in String Instruments, becoming the 157th largest importer of String Instruments in the world. At the same year, String Instruments was the 922nd most imported product in Venezuela. Venezuela imports String Instruments primarily from: United States ($19.3k), Colombia ($2.15k), China ($1.25k), Guatemala ($450), and Peru ($391).

The fastest growing import markets in String Instruments for Venezuela between N/A and 2022 were United States ($19.3k), Colombia ($2.15k), and China ($1.25k).

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 String Instruments. 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)$7.51k
IMPORTS (2022)$23.7k
NET TRADE (2022)-$16.2k

In 2022, Venezuela exported $7.51k in String Instruments. The main destinations of Venezuela exports on String Instruments were Germany ($2.35k), France ($2.25k), Panama ($1.22k), Spain ($451), and Chile ($425).

In 2022, Venezuela imported $23.7k in String Instruments, mainly from United States ($19.3k), Colombia ($2.15k), China ($1.25k), Guatemala ($450), and Peru ($391).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Germany$2.35k (1%)
France$1.46k (184%)
Netherlands$238 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Venezuela WERE (2021 - 2022):
Switzerland-$29.7k (-100%)
Panama-$23.2k (-95%)
Canada-$2.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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