Venezuela (VEN) and Bahrain (BHR) Trade | The Observatory of Economic Complexity

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Venezuela-Bahrain Trade: In 2022, Venezuela exported $94.5k to Bahrain. The main products that Venezuela exported to Bahrain were Citrus ($17.4k), Hard Liquor ($16.6k), and Seats ($11.9k). Over the past 5 years the exports of Venezuela to Bahrain have decreased at an annualized rate of 34.6%, from $791k in 2017 to $94.5k in 2022.

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

Bahrain-Venezuela Trade: In 2022, Bahrain exported $115k to Venezuela. The main products that Bahrain exported to Venezuela were Cement Articles ($115k). Over the past 5 years the exports of Bahrain to Venezuela have decreased at an annualized rate of 6.54%, from $161k in 2017 to $115k in 2022.

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

Comparison In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, Bahrain ranked 77 in total exports ($20.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Venezuela exported $94.5k to Bahrain. The main products exported from Venezuela to Bahrain were Citrus ($17.4k), Hard Liquor ($16.6k), and Seats ($11.9k). During the last 5 years the exports of Venezuela to Bahrain have decreased at an annualized rate of 34.6%, from $791k in 2017 to $94.5k in 2022.

In 2017, Bahrain exported $115k to Venezuela. The main products exported from Bahrain to Venezuela were Cement Articles ($115k). During the last 5 years the exports of Bahrain to Venezuela have decreased at an annualized rate of 6.54%, from $161k in 2022 to $115k in 2017.

Exports from Venezuela () to Bahrain () (2022)

Exports from Bahrain () to Venezuela () (2022)

Latest Data

Trade between Venezuela () and Bahrain ()

Bahrain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Bahrain
Top DestinationSaudi Arabia$3.03B

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

In 2022, countries that imported more from Venezuela than Bahrain included China ($703M), Brazil ($361M), and Lebanon ($150M).

In 2022, countries that imported more from Bahrain than Venezuela included Saudi Arabia ($3.03B), United Arab Emirates ($2.07B), and United States ($1.83B).

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

Comparative Advantage Venezuela - Bahrain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Bahrain in the exports of Vegetable Products ($30k), Miscellaneous ($23.2k), and Foodstuffs ($16.7k).

During 2017, Bahrain had a large net trade with Venezuela in the exports of Stone And Glass ($115k).

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

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Historical Data

Bilateral Trade by Products

Exports from Venezuela () to Bahrain () (2022)

Exports from Bahrain () to Venezuela () (2022)

Latest Data

Trade between Venezuela () and Bahrain ()

Bahrain Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Bahrain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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