2022
Exports
$153kWorld Rnk 120 / 166
Flag Rnk 187 / 665
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$20.9MWorld Rnk 100 / 224
Flag Rnk 89 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.87Rnk 107 / 133

About

Exports In 2022, Venezuela exported $153k in Concentrated Milk, making it the 120th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 187th most exported product in Venezuela. The main destination of Concentrated Milk exports from Venezuela are: Ecuador ($79.8k), United States ($62.9k), and Chile ($10.5k).

The fastest growing export markets for Concentrated Milk of Venezuela between 2021 and 2022 were Ecuador ($79.8k) and United States ($62.9k).

Imports In 2022, Venezuela imported $20.9M in Concentrated Milk, becoming the 100th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 89th most imported product in Venezuela. Venezuela imports Concentrated Milk primarily from: Colombia ($5.14M), Argentina ($5.11M), Uruguay ($3.99M), Brazil ($2.66M), and United States ($1.26M).

The fastest growing import markets in Concentrated Milk for Venezuela between 2021 and 2022 were Argentina ($5.11M), Uruguay ($2.92M), and Peru ($369k).

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 Concentrated Milk. 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)$153k
IMPORTS (2022)$20.9M
NET TRADE (2022)-$20.8M

In 2022, Venezuela exported $153k in Concentrated Milk. The main destinations of Venezuela exports on Concentrated Milk were Ecuador ($79.8k), United States ($62.9k), and Chile ($10.5k).

In 2022, Venezuela imported $20.9M in Concentrated Milk, mainly from Colombia ($5.14M), Argentina ($5.11M), Uruguay ($3.99M), Brazil ($2.66M), and United States ($1.26M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):
Ecuador$79.8k (1%)
United States$62.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Venezuela WERE (2021 - 2022):Chile-$8.13k (-43.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Concentrated Milk were:
In 2022, Venezuela's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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