Trade route overview

Venezuela exports to Norway
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

VEN-NOR2024 reported exports4 product typesHigh attention review level
Latest reported exports$62.3M2024 route total
Highest-priority products0Need the closest review
Products needing review1High-attention product types
Exports needing review99.7%Share of route exports
Overall review levelHigh attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Venezuela reported $62.3M in goods exports to Norway. 1 product types are marked for closer review, covering 99.7% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Venezuela to Norway in the latest available year.

$62.3M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

99.7% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

4 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Venezuela to Norway. Bar lengths are relative to the highest year shown.

Latest annual total$62.8M2024 annual history
Highest year$62.8M2024 annual history
Latest below highest0%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$62.3M
Still below the previous high
$0.0
Buyer demand is falling
$0.0
Product mix is concentrated
$62.2M
Tariffs and access rules
$62.3M
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1.6Higher means bigger yearly swings
Below highest year0%Compared with the route's best year
Product concentration (HHI)9,9350-10,000 scale; higher means fewer products dominate
Largest product share99.7%Share from the biggest product

Largest product

Aluminium: unwrought, alloys

Product code HS6 760120 makes up 99.7% of exports from Venezuela to Norway. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$62.1M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types4 shown - 2024 values
Top product types for Venezuela exports to Norway
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Aluminium: unwrought, alloysHS6 760120 - six-digit product code$120.2M0%1.6High attention
2Cases and containers: n.e.c. in heading 4202, with outer surface of sheeting of plastics or of textile materialsHS6 420292 - six-digit product code$96.6M0%1.6Watch
3Plastics: tableware and kitchenwareHS6 392410 - six-digit product code$52.5M30.3%1Watch
4Paper and paperboard: self-adhesive, in rolls or sheets, other than goods of heading no. 4803, 4809, 4810 or 4818HS6 481141 - six-digit product code$20.1M0%0Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Venezuela. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets8,313 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff2.4%Average tax applied to imports
Buyer economy size$482.4B2024 gross domestic product
Buyer GDP per person$89.2KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemNoReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time4 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Venezuela export to Norway?

Venezuela reported $62.3M in goods exports to Norway in 2024.

What does "exports needing review" mean?

99.7% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.