{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:47:59.645Z", "seo": { "title": "Venezuela exports to the Philippines: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Venezuela to the Philippines, 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": "PHL", "country_name": "Philippines" }, "latestYear": 2024, "risk": { "exporter_iso3": "VEN", "importer_iso3": "PHL", "all_history_lane_count": 27, "current_lane_count": 1, "current_product_count": 1, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 1058111.9999999998, "attention_trade_usd": 1058111.9999999998, "critical_trade_usd": 0, "high_volatility_trade_usd": 0, "unrecovered_drawdown_trade_usd": 1058111.9999999998, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 1058111.9999999998, "access_friction_trade_usd": 1058111.9999999998, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 0, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 1, "access_friction_lane_count": 1, "trade_weighted_volatility_cv": 0.8566484887441016, "trade_weighted_below_peak_pct": 57.46377467030881, "product_concentration_hhi": 10000, "top1_product_share_pct": 100, "top3_product_share_pct": 100, "top_product_hs6": "071331", "top_product_trade_usd": 1058111.9999999998, "top_product_description": "Vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried", "top_attention_product_hs6": "071331", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 17096.8203125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.02969999983906746, "has_reported_fta": 0, "avg_applied_tariff_pct": 19.392619136161613, "avg_mfn_tariff_pct": 19.392619136161613, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 33, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 394086.419343, "buyer_gdp_pc_latest": 3549, "buyer_population_latest": 111046.913, "buyer_gdp_5y_cagr_pct": 4.14271163092057, "buyer_gdp_pc_5y_cagr_pct": 3.220520105972713, "buyer_population_5y_cagr_pct": 0.893418793085976, "buyer_investment_5y_avg_pct": 21.322000000000003, "buyer_savings_5y_avg_pct": 15.036000000000001, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 100, "critical_trade_share_pct": 0, "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 394086.419343, "buyer_gdp_pc_2024": 3549, "buyer_population_2024": 111046.913 }, "history": [ { "year": 1995, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 636275.4852794474, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 430529.1145902402, "yoy_growth_pct": -32.33605182806076, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 2948745.505561427, "yoy_growth_pct": 584.9119851901123, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 100110.97593113375, "yoy_growth_pct": -96.60496384844602, "cagr_3y_pct": -46.01428784628801 }, { "year": 1999, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 1540577.8780841448, "yoy_growth_pct": 1438.8701026587803, "cagr_3y_pct": 52.95383732973535 }, { "year": 2000, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 1736856.3724734038, "yoy_growth_pct": 12.740575934619415, "cagr_3y_pct": -16.174618593319178 }, { "year": 2001, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 2073258.0123320983, "yoy_growth_pct": 19.368420163587572, "cagr_3y_pct": 174.61476618260988 }, { "year": 2002, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 941882.3602102547, "yoy_growth_pct": -54.569939939564925, "cagr_3y_pct": -15.12671690283578 }, { "year": 2003, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 1086432.2236698645, "yoy_growth_pct": 15.346912689536119, "cagr_3y_pct": -14.477659586653868 }, { "year": 2004, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 1088949.7746039133, "yoy_growth_pct": 0.23172646016931253, "cagr_3y_pct": -19.31648087760629 }, { "year": 2005, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 806110.002265177, "yoy_growth_pct": -25.973628805939597, "cagr_3y_pct": -5.056359068143445 }, { "year": 2006, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 380116.7738336924, "yoy_growth_pct": -52.84554555016554, "cagr_3y_pct": -29.535323015927194 }, { "year": 2007, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 1266808.3734214439, "yoy_growth_pct": 233.26821140907984, "cagr_3y_pct": 5.172216155050946 }, { "year": 2008, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 704069.8143445903, "yoy_growth_pct": -44.421758719275594, "cagr_3y_pct": -4.411171650595058 }, { "year": 2009, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 9151076.670582995, "yoy_growth_pct": 1199.7399525076382, "cagr_3y_pct": 188.74760219565437 }, { "year": 2010, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 876082.8113422969, "yoy_growth_pct": -90.42645097534208, "cagr_3y_pct": -11.567600047306836 }, { "year": 2011, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 415120.0620369567, "yoy_growth_pct": -52.61634440688005, "cagr_3y_pct": -16.146859526280764 }, { "year": 2012, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 191893.09110626573, "yoy_growth_pct": -53.77407438111672, "cagr_3y_pct": -72.42414109821821 }, { "year": 2013, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 334168.2033425726, "yoy_growth_pct": 74.14290499782423, "cagr_3y_pct": -27.477407378799633 }, { "year": 2014, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 132455.3096768703, "yoy_growth_pct": -60.362683118272706, "cagr_3y_pct": -31.66678043871023 }, { "year": 2015, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 335416.1353064203, "yoy_growth_pct": 153.2296637444589, "cagr_3y_pct": 20.4596334491564 }, { "year": 2016, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 71050.35879491564, "yoy_growth_pct": -78.81725077715555, "cagr_3y_pct": -40.314745428738 }, { "year": 2017, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 73739.66811029565, "yoy_growth_pct": 3.7850749257194005, "cagr_3y_pct": -17.735852388234697 }, { "year": 2018, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 61409.83436069885, "yoy_growth_pct": -16.720761112125604, "cagr_3y_pct": -43.217044713086786 }, { "year": 2019, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 358469.5986484437, "yoy_growth_pct": 483.7332120828152, "cagr_3y_pct": 71.51233178657345 }, { "year": 2020, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 663830, "yoy_growth_pct": 85.18446264421648, "cagr_3y_pct": 108.02645369895596 }, { "year": 2021, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 473357.42589954095, "yoy_growth_pct": -28.692974722513153, "cagr_3y_pct": 97.5378956093887 }, { "year": 2022, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 766738.303687716, "yoy_growth_pct": 61.97872088531222, "cagr_3y_pct": 28.84422078793607 }, { "year": 2023, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 2602235.2907761047, "yoy_growth_pct": 239.39028195935364, "cagr_3y_pct": 57.675141360548324 }, { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "PHL", "export_value_usd": 1062684.2840796073, "yoy_growth_pct": -59.16263652843372, "cagr_3y_pct": 30.939804380342295 } ], "riskLanes": [ { "exporter_iso3": "VEN", "importer_iso3": "PHL", "hs_code": "071331", "hs_description": "Vegetables, leguminous: beans of the species vigna mungo (l.) hepper or vigna radiata (l.) wilczek, shelled, whether or not skinned or split, dried", "buyer_imports_latest_usd": 35288121.97929811, "current_below_peak_pct": 57.46377467030881, "lane_volatility_cv": 0.8566484887441016, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "VEN", "importer_iso3": "PHL", "distance_km": 17099, "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": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 394086.419343, "importer_gdp_per_capita_usd": 3548.828226706311, "importer_population": 111046.913, "importer_biz_entry_days": 33, "importer_biz_entry_cost_pct": 23.3, "exporter_gdp_million_usd": 438283.56710399996, "exporter_gdp_per_capita_usd": 15268.57259496072, "avg_applied_tariff_pct": 19.392619136161613, "avg_mfn_tariff_pct": 19.392619136161613, "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/VEN-PHL/risk", "html": "https://www.yugalinks.com/trade/corridor/VEN-PHL/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/VEN-PHL/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/VEN-PHL/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/VEN-PHL/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" } }