South Korea-Venezuela In 2022, South Korea exported $41.2M to Venezuela. The main products that South Korea exported to Venezuela are Coated Flat-Rolled Iron ($4.81M), Cleaning Products ($2.89M), and Centrifuges ($2.82M). During the last 27 years the exports of South Korea to Venezuela have decreased at an annualized rate of 4.13%, from $129M in 1995 to $41.2M in 2022.
In 2022, South Korea did not export any services to Venezuela.
Venezuela-South Korea In 2022, Venezuela exported $12.4M to South Korea. The main products that Venezuela exported to South Korea were Scrap Copper ($4.06M), Non-fillet Frozen Fish ($2.53M), and Scrap Iron ($2.37M). During the last 27 years the exports of Venezuela to South Korea have decreased at an annualized rate of 5.45%, from $56.5M in 1995 to $12.4M in 2022.
In 2022, Venezuela did not export any services to South Korea.
Comparison In 2022, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). That same year, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).