2022
Exports
$14.2MWorld Rnk 36 / 118
Flag Rnk 29 / 665
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$160kWorld Rnk 127 / 195
Flag Rnk 757 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $14.2M in Aluminium Wire, making it the 36th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 29th most exported product in Venezuela. The main destination of Aluminium Wire exports from Venezuela are: Colombia ($5.26M), Turkey ($3.42M), Ecuador ($2.1M), Brazil ($1.9M), and Argentina ($627k).

The fastest growing export markets for Aluminium Wire of Venezuela between 2021 and 2022 were Colombia ($4.89M), Ecuador ($1.45M), and Costa Rica ($423k).

Imports In 2022, Venezuela imported $160k in Aluminium Wire, becoming the 127th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 757th most imported product in Venezuela. Venezuela imports Aluminium Wire primarily from: Brazil ($103k), China ($26k), Spain ($18k), United States ($13.2k), and Peru ($141).

The fastest growing import markets in Aluminium Wire for Venezuela between 2021 and 2022 were Brazil ($27.6k), Spain ($18k), and United States ($13.2k).

Latest Trends

Sep 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 Aluminium Wire. 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)$14.2M
IMPORTS (2022)$160k
NET TRADE (2022)$14M

In 2022, Venezuela exported $14.2M in Aluminium Wire. The main destinations of Venezuela exports on Aluminium Wire were Colombia ($5.26M), Turkey ($3.42M), Ecuador ($2.1M), Brazil ($1.9M), and Argentina ($627k).

In 2022, Venezuela imported $160k in Aluminium Wire, mainly from Brazil ($103k), China ($26k), Spain ($18k), United States ($13.2k), and Peru ($141).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Colombia$4.89M (1.29k%)
Ecuador$1.45M (224%)
Costa Rica$423k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Venezuela WERE (2021 - 2022):
Brazil-$1.46M (-43.5%)
Turkey-$673k (-16.4%)
Italy-$136k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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