2022
Exports | Imports
$13.3k | $241MWorld Rnk 154 / 171
Flag Rnk 374 / 665
World Rnk 43 / 224
Flag Rnk 5 / 1063
2022
ECONOMIC COMPLEXITY of Venezuela
-0.9Rnk 99 / 124
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.82Rnk 980 / 1025

About

Exports In 2022, Venezuela exported $13.3k in Raw Sugar, making it the 154th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 374th most exported product in Venezuela. The main destination of Raw Sugar exports from Venezuela are: Estonia ($13.3k).

The fastest growing export markets for Raw Sugar of Venezuela between 2021 and 2022 were Estonia ($13.3k).

Imports In 2022, Venezuela imported $241M in Raw Sugar, becoming the 43rd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 5th most imported product in Venezuela. Venezuela imports Raw Sugar primarily from: Brazil ($217M), Guatemala ($13.1M), Nicaragua ($6.43M), Colombia ($3.72M), and Suriname ($181k).

The fastest growing import markets in Raw Sugar for Venezuela between 2021 and 2022 were Brazil ($19.1M), Guatemala ($12.2M), and Nicaragua ($6.33M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Raw Sugar from Venezuela to the United States.

Latest Trends

Feb 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 Raw Sugar. 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)$13.3k
IMPORTS (2022)$241M
NET TRADE (2022)-$241M

In 2022, Venezuela exported $13.3k in Raw Sugar. The main destinations of Venezuela exports on Raw Sugar were Estonia ($13.3k).

In 2022, Venezuela imported $241M in Raw Sugar, mainly from Brazil ($217M), Guatemala ($13.1M), Nicaragua ($6.43M), Colombia ($3.72M), and Suriname ($181k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Venezuela WERE (2021 - 2022):Estonia$13.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Venezuela WERE (2021 - 2022):United States-$8.16M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Venezuela's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Venezuela's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

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