Cambodia (KHM) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Cambodia-Venezuela Trade: In 2022, Cambodia exported $224k to Venezuela. The main products that Cambodia exported to Venezuela were Leather Footwear ($104k), Bicycles, delivery tricycles, other cycles ($71.8k), and Other Synthetic Fabrics ($24.2k). Over the past 6 years the exports of Cambodia to Venezuela have decreased at an annualized rate of 18.7%, from $773k in 2016 to $224k in 2022.

In 2022, Cambodia did not export any services to Venezuela.

Venezuela-Cambodia Trade: In 2022, Venezuela exported $2.74M to Cambodia. The main products that Venezuela exported to Cambodia were Equine and Bovine Hides ($2.65M) and Other Hides and Skins ($94.8k). Over the past 6 years the exports of Venezuela to Cambodia have increased at an annualized rate of 74.2%, from $171k in 2016 to $2.74M in 2022.

In 2022, Venezuela did not export any services to Cambodia.

Comparison: In 2022, Cambodia ranked 92 in the Economic Complexity Index (ECI -0.6), and 69 in total exports ($35.9B). That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cambodia exported $224k to Venezuela. The main products exported from Cambodia to Venezuela were Leather Footwear ($104k), Bicycles, delivery tricycles, other cycles ($71.8k), and Other Synthetic Fabrics ($24.2k). During the last 6 years the exports of Cambodia to Venezuela have decreased at an annualized rate of 18.7%, from $773k in 2016 to $224k in 2022.

In 2017, Venezuela exported $2.74M to Cambodia. The main products exported from Venezuela to Cambodia were Equine and Bovine Hides ($2.65M) and Other Hides and Skins ($94.8k). During the last 5 years the exports of Venezuela to Cambodia have increased at an annualized rate of 74.2%, from $171k in 2022 to $2.74M in 2017.

Exports from Cambodia () to Venezuela () (2022)

Exports from Venezuela () to Cambodia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cambodia
Top DestinationUnited States$13B

Venezuela
Top DestinationChina$703M

This map shows whether countries import more from Cambodia or Venezuela. Each country is colored based on the difference in imports they receive from Cambodia and Venezuela or the difference in the growth in imports.

In 2022, countries that imported more from Cambodia than Venezuela included United States ($13B), Vietnam ($3.67B), and Germany ($2.41B).

In 2022, countries that imported more from Venezuela than Cambodia included Turkey ($597M), Brazil ($361M), and Lebanon ($150M).

Difference in imports from Venezuela () and Cambodia () (2022)

Comparative Advantage Cambodia - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cambodia and Venezuela by product, considering products traded by both, Cambodia and Venezuela.

During 2022, Cambodia had a large net trade with Venezuela in the exports of Footwear and Headwear ($112k), Transportation ($71.8k), and Textiles ($39.7k).

During 2017, Venezuela had a large net trade with Cambodia in the exports of Animal Hides ($2.74M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Cambodia and Venezuela. This means that a dot/product with the flag of Cambodia indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Cambodia.

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Historical Data

Bilateral Trade by Products

Exports from Cambodia () to Venezuela () (2022)

Exports from Venezuela () to Cambodia () (2022)

Market Competitiveness

Difference in imports from Venezuela () and Cambodia () (2022)

Comparative Advantage Cambodia - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cambodia () and Venezuela () (2022)

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