Uzbekistan (UZB) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Uzbekistan-Venezuela Trade: In 2022, Uzbekistan exported $44.8k to Venezuela. The main products that Uzbekistan exported to Venezuela were Carbonates ($44.8k). Over the past 9 years the exports of Uzbekistan to Venezuela have decreased at an annualized rate of 21.7%, from $404k in 2013 to $44.8k in 2022.

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

Venezuela-Uzbekistan Trade: In 2022, Venezuela exported $243 to Uzbekistan. The main products that Venezuela exported to Uzbekistan were Hair Products ($208) and Other toys ($35). Over the past 9 years the exports of Venezuela to Uzbekistan have increased at an annualized rate of 0.096%, from $240 in 2013 to $243 in 2022.

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

Comparison: In 2022, Uzbekistan ranked 79 in the Economic Complexity Index (ECI -0.28), and 83 in total exports ($16.9B). 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, Uzbekistan exported $44.8k to Venezuela. The main products exported from Uzbekistan to Venezuela were Carbonates ($44.8k). During the last 9 years the exports of Uzbekistan to Venezuela have decreased at an annualized rate of 21.7%, from $404k in 2013 to $44.8k in 2022.

In 2017, Venezuela exported $243 to Uzbekistan. The main products exported from Venezuela to Uzbekistan were Hair Products ($208) and Other toys ($35). During the last 5 years the exports of Venezuela to Uzbekistan have increased at an annualized rate of 0.096%, from $240 in 2022 to $243 in 2017.

Exports from Uzbekistan () to Venezuela () (2022)

Exports from Venezuela () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Venezuela ()

Uzbekistan Exports

Date

May 2021

Mar 2019

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uzbekistan
Top DestinationSwitzerland$4.29B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Uzbekistan than Venezuela included Switzerland ($4.29B), Russia ($2.6B), and China ($1.98B).

In 2022, countries that imported more from Venezuela than Uzbekistan included Spain ($518M), United States ($438M), and Brazil ($361M).

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

Comparative Advantage Uzbekistan - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uzbekistan had a large net trade with Venezuela in the exports of Chemical Products ($44.8k).

During 2017, Venezuela had a large net trade with Uzbekistan in the exports of Chemical Products ($208) and Miscellaneous ($35).

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 Uzbekistan and Venezuela. This means that a dot/product with the flag of Uzbekistan indicates it has a comparative advantage over Venezuela. Similarly, a dot/product with the flag of Venezuela indicates it has a comparative advantage over Uzbekistan.

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Historical Data

Bilateral Trade by Products

Exports from Uzbekistan () to Venezuela () (2022)

Exports from Venezuela () to Uzbekistan () (2022)

Latest Data

Trade between Uzbekistan () and Venezuela ()

Uzbekistan Exports

Market Competitiveness

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

Comparative Advantage Uzbekistan - Venezuela

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

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Economic Complexity

Competitive Landscape

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

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