{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:59.638Z",
  "seo": {
    "title": "Venezuela exports to Ecuador: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Venezuela to Ecuador, 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": "VEN",
    "country_name": "Venezuela"
  },
  "importer": {
    "iso3": "ECU",
    "country_name": "Ecuador"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "VEN",
    "importer_iso3": "ECU",
    "all_history_lane_count": 108,
    "current_lane_count": 10,
    "current_product_count": 10,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 30839186.78058473,
    "attention_trade_usd": 1826951.535602942,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 26282225.173297722,
    "unrecovered_drawdown_trade_usd": 6454948.172822998,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 181965.7886283606,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 5,
    "unrecovered_drawdown_lane_count": 8,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 2,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.5175727858249712,
    "trade_weighted_below_peak_pct": 27.91106140187716,
    "product_concentration_hhi": 6380.67948670136,
    "top1_product_share_pct": 78.96181333591666,
    "top3_product_share_pct": 94.91923085997769,
    "top_product_hs6": "030342",
    "top_product_trade_usd": 24351181.1,
    "top_product_description": "Fish: yellowfin tunas (thunnus albacares), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)",
    "top_attention_product_hs6": "210690",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 1757.2994384765625,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.9702000021934509,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 10.501549853858585,
    "avg_mfn_tariff_pct": 11.84533424020202,
    "avg_preferential_tariff_pct": 2.334693549595959,
    "tariff_advantage_pp": 9.51064069060606,
    "buyer_biz_entry_days": 48.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 106165.866,
    "buyer_gdp_pc_latest": 5935,
    "buyer_population_latest": 17888.474,
    "buyer_gdp_5y_cagr_pct": 2.990587628199348,
    "buyer_gdp_pc_5y_cagr_pct": 2.0708328763464845,
    "buyer_population_5y_cagr_pct": 0.9010945888597854,
    "buyer_investment_5y_avg_pct": 25.951999999999998,
    "buyer_savings_5y_avg_pct": 25.912,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 5.924123578878308,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 106165.866,
    "buyer_gdp_pc_2024": 5935,
    "buyer_population_2024": 17888.474
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 236696755.43953446,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 176899125.21613014,
      "yoy_growth_pct": -25.26339244167627,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 301447795.3012669,
      "yoy_growth_pct": 70.40660598686787,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 245731799.00849047,
      "yoy_growth_pct": -18.48280105584912,
      "cagr_3y_pct": 1.2565249055259464
    },
    {
      "year": 1999,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 178511267.70125923,
      "yoy_growth_pct": -27.355243227966863,
      "cagr_3y_pct": 0.30285994772900615
    },
    {
      "year": 2000,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 241784902.44315523,
      "yoy_growth_pct": 35.44517696652358,
      "cagr_3y_pct": -7.087882966608261
    },
    {
      "year": 2001,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 275009496.0885266,
      "yoy_growth_pct": 13.741384722390858,
      "cagr_3y_pct": 3.8234469442601338
    },
    {
      "year": 2002,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 336803155.15432113,
      "yoy_growth_pct": 22.469645573948792,
      "cagr_3y_pct": 23.56728533578827
    },
    {
      "year": 2003,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 337977379.8493593,
      "yoy_growth_pct": 0.34863827047586504,
      "cagr_3y_pct": 11.81141713276439
    },
    {
      "year": 2004,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 507069674.70426893,
      "yoy_growth_pct": 50.03065439772219,
      "cagr_3y_pct": 22.623389356041777
    },
    {
      "year": 2005,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 427840778.2681495,
      "yoy_growth_pct": -15.624854016822631,
      "cagr_3y_pct": 8.301716877596753
    },
    {
      "year": 2006,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 473834117.7046918,
      "yoy_growth_pct": 10.75010652858246,
      "cagr_3y_pct": 11.921339129587327
    },
    {
      "year": 2007,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 1421794266.9499664,
      "yoy_growth_pct": 200.06160675750934,
      "cagr_3y_pct": 41.01209777694896
    },
    {
      "year": 2008,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 2785028119.5720487,
      "yoy_growth_pct": 95.88123150520869,
      "cagr_3y_pct": 86.71640184558642
    },
    {
      "year": 2009,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 1098307375.9722993,
      "yoy_growth_pct": -60.563867622957176,
      "cagr_3y_pct": 32.34245620895162
    },
    {
      "year": 2010,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 695547188.6625744,
      "yoy_growth_pct": -36.670989936052564,
      "cagr_3y_pct": -21.205371252037388
    },
    {
      "year": 2011,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 771377833.9209987,
      "yoy_growth_pct": 10.902300590738424,
      "cagr_3y_pct": -34.81527212494243
    },
    {
      "year": 2012,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 247579977.13520604,
      "yoy_growth_pct": -67.90418829165344,
      "cagr_3y_pct": -39.14019739446014
    },
    {
      "year": 2013,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 67226620.68784241,
      "yoy_growth_pct": -72.84650339428327,
      "cagr_3y_pct": -54.10786873612696
    },
    {
      "year": 2014,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 48997356.08691455,
      "yoy_growth_pct": -27.11614002669115,
      "cagr_3y_pct": -60.10040411804276
    },
    {
      "year": 2015,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 22838505.939411413,
      "yoy_growth_pct": -53.38828915809446,
      "cagr_3y_pct": -54.81606429621038
    },
    {
      "year": 2016,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 10525778.250905648,
      "yoy_growth_pct": -53.912141718772546,
      "cagr_3y_pct": -46.10220744979436
    },
    {
      "year": 2017,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 18250702.149395697,
      "yoy_growth_pct": 73.39052480822869,
      "cagr_3y_pct": -28.049197226657828
    },
    {
      "year": 2018,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 8456348.972817441,
      "yoy_growth_pct": -53.66562391081791,
      "cagr_3y_pct": -28.19218107278735
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 8552487.203315023,
      "yoy_growth_pct": 1.1368763376087498,
      "cagr_3y_pct": -6.686157728290487
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 11067453.528188605,
      "yoy_growth_pct": 29.406256508618412,
      "cagr_3y_pct": -15.35732569832804
    },
    {
      "year": 2021,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 17011732.62369162,
      "yoy_growth_pct": 53.70954646760468,
      "cagr_3y_pct": 26.23754802408822
    },
    {
      "year": 2022,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 44006207.08923558,
      "yoy_growth_pct": 158.68151153486707,
      "cagr_3y_pct": 72.63963204676334
    },
    {
      "year": 2023,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 39378693.93784609,
      "yoy_growth_pct": -10.515591907309451,
      "cagr_3y_pct": 52.66443225341002
    },
    {
      "year": 2024,
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "export_value_usd": 33349243.990250785,
      "yoy_growth_pct": -15.311452322700115,
      "cagr_3y_pct": 25.154311372183447
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "030342",
      "hs_description": "Fish: yellowfin tunas (thunnus albacares), frozen (excluding fillets, livers, roes and other fish meat of heading no. 0304)",
      "buyer_imports_latest_usd": 59309335.42385728,
      "current_below_peak_pct": 18.552282787294047,
      "lane_volatility_cv": 1.673721232313349,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "030343",
      "hs_description": "Fish: frozen, skipjack tuna (stripe-bellied bonito) (Katsuwonus pelamis), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99",
      "buyer_imports_latest_usd": 62798770.679704346,
      "current_below_peak_pct": 57.68501375461279,
      "lane_volatility_cv": 0.9452458505407454,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 199484128.94043186,
      "current_below_peak_pct": 54.07457330559552,
      "lane_volatility_cv": 1.034326125267997,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 504718314.9725863,
      "current_below_peak_pct": 89.07367587421771,
      "lane_volatility_cv": 0.7747711163689553,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "300420",
      "hs_description": "Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 54749247.61441175,
      "current_below_peak_pct": 79.20563633469726,
      "lane_volatility_cv": 0.6530496976504258,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "380893",
      "hs_description": "Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles",
      "buyer_imports_latest_usd": 68969662.75868098,
      "current_below_peak_pct": 91.69561107065655,
      "lane_volatility_cv": 0.9501309253135645,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "842139",
      "hs_description": "Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines",
      "buyer_imports_latest_usd": 12607054.00250828,
      "current_below_peak_pct": 69.46495011552702,
      "lane_volatility_cv": 0.5333961552410421,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "401290",
      "hs_description": "Rubber: tyres n.e.c. in heading no. 4012",
      "buyer_imports_latest_usd": 13072097.870425519,
      "current_below_peak_pct": 83.56013007345835,
      "lane_volatility_cv": 1.1224664433334408,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "848340",
      "hs_description": "Gears and gearing: (not toothed wheels, chain sprockets and other transmission elements presented separately): ball or roller screws: gear boxes and other speed changers, including torque converters",
      "buyer_imports_latest_usd": 15854886.898238616,
      "current_below_peak_pct": 24.316981442457212,
      "lane_volatility_cv": 1.5510291039859552,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "ECU",
      "hs_code": "481920",
      "hs_description": "Paper and paperboard: folding cartons, boxes and cases, of non-corrugated paper or paperboard",
      "buyer_imports_latest_usd": 10624663.3368568,
      "current_below_peak_pct": 54.39846422227445,
      "lane_volatility_cv": 1.4866739099288397,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "VEN",
    "importer_iso3": "ECU",
    "distance_km": 2010,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "shares_ethnic_language": 1,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 1,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 106165.866,
    "importer_gdp_per_capita_usd": 5934.8754958080835,
    "importer_population": 17888.474,
    "importer_biz_entry_days": 48.5,
    "importer_biz_entry_cost_pct": 33,
    "exporter_gdp_million_usd": 438283.56710399996,
    "exporter_gdp_per_capita_usd": 15268.57259496072,
    "avg_applied_tariff_pct": 10.501549853858585,
    "avg_mfn_tariff_pct": 11.84533424020202,
    "avg_preferential_tariff_pct": 2.334693549595959,
    "tariff_advantage_pp": 9.51064069060606
  },
  "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/VEN-ECU/risk",
    "html": "https://www.yugalinks.com/trade/corridor/VEN-ECU/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/VEN-ECU/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/VEN-ECU/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/VEN-ECU/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"
  }
}