{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:23.533Z",
  "seo": {
    "title": "Luxembourg exports to Venezuela: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Luxembourg 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": "LUX",
    "country_name": "Luxembourg"
  },
  "importer": {
    "iso3": "VEN",
    "country_name": "Venezuela"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "LUX",
    "importer_iso3": "VEN",
    "all_history_lane_count": 6,
    "current_lane_count": 2,
    "current_product_count": 2,
    "first_observed_last_year": 2001,
    "latest_data_year": 2024,
    "current_trade_usd": 119303.25399999999,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 119303.25399999999,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 119303.25399999999,
    "access_friction_trade_usd": 119303.25399999999,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 2,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 2,
    "access_friction_lane_count": 2,
    "trade_weighted_volatility_cv": 1.4270156486262962,
    "trade_weighted_below_peak_pct": 9.966133329803693,
    "product_concentration_hhi": 5241.480188542757,
    "top1_product_share_pct": 60.988179752414794,
    "top3_product_share_pct": 100,
    "top_product_hs6": "848180",
    "top_product_trade_usd": 72760.88299999999,
    "top_product_description": "Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 7904.3857421875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 14.111404231818181,
    "avg_mfn_tariff_pct": 14.111404231818181,
    "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": [
      "high_volatility",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 438283.56710399996,
    "buyer_gdp_pc_2024": 14415,
    "buyer_population_2024": 28704.947
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 682388.383329503,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 752684.6478990106,
      "yoy_growth_pct": 10.301503701824277,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1244660.4339074818,
      "yoy_growth_pct": 65.36280331766255,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1856462.4419989923,
      "yoy_growth_pct": 49.15413002812517,
      "cagr_3y_pct": 39.59981652264837
    },
    {
      "year": 2003,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1696337.4879630413,
      "yoy_growth_pct": -8.625273014601497,
      "cagr_3y_pct": 31.109169759051024
    },
    {
      "year": 2004,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1164764.6595069098,
      "yoy_growth_pct": -31.33650185933479,
      "cagr_3y_pct": -2.1871829402961285
    },
    {
      "year": 2005,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1225399.5650459041,
      "yoy_growth_pct": 5.205764533125823,
      "cagr_3y_pct": -12.930940875805863
    },
    {
      "year": 2006,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1023501.1182729817,
      "yoy_growth_pct": -16.47613174771767,
      "cagr_3y_pct": -15.499615088314922
    },
    {
      "year": 2007,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1689150.3797555387,
      "yoy_growth_pct": 65.0364957691252,
      "cagr_3y_pct": 13.190516942801045
    },
    {
      "year": 2008,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 7288682.402155525,
      "yoy_growth_pct": 331.49991199779237,
      "cagr_3y_pct": 81.1856374502661
    },
    {
      "year": 2009,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 3653994.1597684016,
      "yoy_growth_pct": -49.8675623637026,
      "cagr_3y_pct": 52.836297809429844
    },
    {
      "year": 2010,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 3207207.6056655827,
      "yoy_growth_pct": -12.22734724160417,
      "cagr_3y_pct": 23.828207425619663
    },
    {
      "year": 2011,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 2282648.5485898242,
      "yoy_growth_pct": -28.827540052053703,
      "cagr_3y_pct": -32.090582116469754
    },
    {
      "year": 2012,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 6427808.298407038,
      "yoy_growth_pct": 181.5943042295325,
      "cagr_3y_pct": 20.716051694629336
    },
    {
      "year": 2013,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1012042.0643126902,
      "yoy_growth_pct": -84.25525439886722,
      "cagr_3y_pct": -31.919328570882342
    },
    {
      "year": 2014,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1215645.0425089053,
      "yoy_growth_pct": 20.118035146541892,
      "cagr_3y_pct": -18.943239185685844
    },
    {
      "year": 2015,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 1016006.0812243427,
      "yoy_growth_pct": -16.422471552430995,
      "cagr_3y_pct": -45.931482257436265
    },
    {
      "year": 2016,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 727176.1044158501,
      "yoy_growth_pct": -28.42797716923473,
      "cagr_3y_pct": -10.433209575894331
    },
    {
      "year": 2017,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 262697.288389775,
      "yoy_growth_pct": -63.874323318035444,
      "cagr_3y_pct": -39.991016692066594
    },
    {
      "year": 2018,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 81424.15445901128,
      "yoy_growth_pct": -69.00456987656499,
      "cagr_3y_pct": -56.88593388967136
    },
    {
      "year": 2019,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 476756.90396997734,
      "yoy_growth_pct": 485.5226954920061,
      "cagr_3y_pct": -13.126804392464875
    },
    {
      "year": 2020,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 107400.495,
      "yoy_growth_pct": -77.47269224511047,
      "cagr_3y_pct": -25.780692530955275
    },
    {
      "year": 2021,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 801531.66,
      "yoy_growth_pct": 646.301644140467,
      "cagr_3y_pct": 114.31659860029325
    },
    {
      "year": 2022,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 3247211.2410000004,
      "yoy_growth_pct": 305.12576147023316,
      "cagr_3y_pct": 89.55613732717542
    },
    {
      "year": 2023,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 173175.52899999995,
      "yoy_growth_pct": -94.66694599927938,
      "cagr_3y_pct": 17.262751380691356
    },
    {
      "year": 2024,
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "export_value_usd": 740718.819,
      "yoy_growth_pct": 327.72718713623806,
      "cagr_3y_pct": -2.595826464819828
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "hs_code": "848180",
      "hs_description": "Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves",
      "buyer_imports_latest_usd": 26708072.259874143,
      "current_below_peak_pct": 16.341089978848057,
      "lane_volatility_cv": 1.6358579450243436,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LUX",
      "importer_iso3": "VEN",
      "hs_code": "853710",
      "hs_description": "Boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts",
      "buyer_imports_latest_usd": 38472375.96182674,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1005271271526125,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "LUX",
    "importer_iso3": "VEN",
    "distance_km": 7904,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "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": 86710.803337,
    "exporter_gdp_per_capita_usd": 135682.79427449263,
    "avg_applied_tariff_pct": 14.111404231818181,
    "avg_mfn_tariff_pct": 14.111404231818181,
    "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/LUX-VEN/risk",
    "html": "https://www.yugalinks.com/trade/corridor/LUX-VEN/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/LUX-VEN/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/LUX-VEN/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/LUX-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"
  }
}