{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:20.889Z",
  "seo": {
    "title": "Georgia exports to Venezuela: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Georgia to Venezuela, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "GEO",
    "country_name": "Georgia"
  },
  "importer": {
    "iso3": "VEN",
    "country_name": "Venezuela"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "GEO",
    "importer_iso3": "VEN",
    "all_history_lane_count": 4,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 2001,
    "latest_data_year": 2024,
    "current_trade_usd": 128050.73999999992,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 0,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 128050.73999999992,
    "access_friction_trade_usd": 128050.73999999992,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 0,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 1,
    "access_friction_lane_count": 1,
    "trade_weighted_volatility_cv": 0,
    "trade_weighted_below_peak_pct": 0,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "901839",
    "top_product_trade_usd": 128050.73999999992,
    "top_product_description": "Medical, surgical instruments and appliances: catheters, cannulae and the like",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 10975.0048828125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 14.587421636015327,
    "avg_mfn_tariff_pct": 14.587421636015327,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 230,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 438283.56710399996,
    "buyer_gdp_pc_latest": 14415,
    "buyer_population_latest": 28704.947,
    "buyer_gdp_5y_cagr_pct": 10.410959418571952,
    "buyer_gdp_pc_5y_cagr_pct": 10.821892213210415,
    "buyer_population_5y_cagr_pct": -0.37080470873739335,
    "buyer_investment_5y_avg_pct": 20.625999999999998,
    "buyer_savings_5y_avg_pct": 16.182000000000002,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 438283.56710399996,
    "buyer_gdp_pc_2024": 14415,
    "buyer_population_2024": 28704.947
  },
  "history": [
    {
      "year": 1997,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 1255.1710841637555,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 15095.901985214892,
      "yoy_growth_pct": 1102.6967618738904,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 55824.40659173628,
      "yoy_growth_pct": 269.798417122815,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 490.2033835366326,
      "yoy_growth_pct": -99.12188339569525,
      "cagr_3y_pct": -26.90441835188543
    },
    {
      "year": 2001,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 179632.05668611854,
      "yoy_growth_pct": 36544.39347401909,
      "cagr_3y_pct": 128.30123368794943
    },
    {
      "year": 2003,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 881.5771845193385,
      "yoy_growth_pct": -99.5092317035262,
      "cagr_3y_pct": -74.91126627367002
    },
    {
      "year": 2007,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 1718.9485725836555,
      "yoy_growth_pct": 94.98560112134437,
      "cagr_3y_pct": 51.92486520973547
    },
    {
      "year": 2008,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 1240674.1497373995,
      "yoy_growth_pct": 72076.33904385002,
      "cagr_3y_pct": 90.43990831639928
    },
    {
      "year": 2009,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 36280.946050551254,
      "yoy_growth_pct": -97.07570710180184,
      "cagr_3y_pct": 245.25455766565346
    },
    {
      "year": 2010,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 2551247.2479828596,
      "yoy_growth_pct": 6931.920403696573,
      "cagr_3y_pct": 1040.6784107053245
    },
    {
      "year": 2011,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 254180.5035215126,
      "yoy_growth_pct": -90.03701018305928,
      "cagr_3y_pct": -41.04850352694793
    },
    {
      "year": 2012,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 174497.8313848598,
      "yoy_growth_pct": -31.348852894969916,
      "cagr_3y_pct": 68.79923613543673
    },
    {
      "year": 2013,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 1046350.2503788711,
      "yoy_growth_pct": 499.63510266847766,
      "cagr_3y_pct": -25.70238986223069
    },
    {
      "year": 2014,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 707086.8404966847,
      "yoy_growth_pct": -32.423503483593876,
      "cagr_3y_pct": 40.64042593581681
    },
    {
      "year": 2015,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 609488.7517670882,
      "yoy_growth_pct": -13.802843319929393,
      "cagr_3y_pct": 51.72549172762406
    },
    {
      "year": 2016,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 111175.15134811125,
      "yoy_growth_pct": -81.75927758702986,
      "cagr_3y_pct": -52.636526048033815
    },
    {
      "year": 2017,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 67287.59955703419,
      "yoy_growth_pct": -39.47604411498079,
      "cagr_3y_pct": -54.345096738097155
    },
    {
      "year": 2018,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 89545.95916646818,
      "yoy_growth_pct": 33.07943775073652,
      "cagr_3y_pct": -47.23327998393568
    },
    {
      "year": 2019,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 67594.73272429922,
      "yoy_growth_pct": -24.51392184136537,
      "cagr_3y_pct": -15.283427756293255
    },
    {
      "year": 2021,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 540892,
      "yoy_growth_pct": 700.1984447607084,
      "cagr_3y_pct": 100.32039792736826
    },
    {
      "year": 2022,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 767660,
      "yoy_growth_pct": 41.92482048172279,
      "cagr_3y_pct": 104.66377151326283
    },
    {
      "year": 2024,
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "export_value_usd": 203797.99999999985,
      "yoy_growth_pct": -73.45204908423003,
      "cagr_3y_pct": 44.46490428646555
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "GEO",
      "importer_iso3": "VEN",
      "hs_code": "901839",
      "hs_description": "Medical, surgical instruments and appliances: catheters, cannulae and the like",
      "buyer_imports_latest_usd": 14856976.05232114,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "GEO",
    "importer_iso3": "VEN",
    "distance_km": 10983,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 438283.56710399996,
    "importer_gdp_per_capita_usd": 15268.57259496072,
    "importer_population": 28704.947,
    "importer_biz_entry_days": 230,
    "importer_biz_entry_cost_pct": 211.8,
    "exporter_gdp_million_usd": 18700.241392000004,
    "exporter_gdp_per_capita_usd": 5042.385527731414,
    "avg_applied_tariff_pct": 14.587421636015327,
    "avg_mfn_tariff_pct": 14.587421636015327,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/GEO-VEN/risk",
    "html": "https://www.yugalinks.com/trade/corridor/GEO-VEN/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/GEO-VEN/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/GEO-VEN/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/GEO-VEN/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}