{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:59.635Z",
  "seo": {
    "title": "Venezuela exports to Ukraine: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Venezuela to Ukraine, 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": "UKR",
    "country_name": "Ukraine"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "VEN",
    "importer_iso3": "UKR",
    "all_history_lane_count": 15,
    "current_lane_count": 5,
    "current_product_count": 5,
    "first_observed_last_year": 2000,
    "latest_data_year": 2024,
    "current_trade_usd": 4384724.873281168,
    "attention_trade_usd": 3047236.765228753,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 3864078.2886140253,
    "unrecovered_drawdown_trade_usd": 253908.0396607062,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 4059685.277026548,
    "access_friction_trade_usd": 4384724.873281168,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 2,
    "unrecovered_drawdown_lane_count": 2,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 3,
    "access_friction_lane_count": 5,
    "trade_weighted_volatility_cv": 1.203089414378548,
    "trade_weighted_below_peak_pct": 20.781489846641797,
    "product_concentration_hhi": 5235.509648871458,
    "top1_product_share_pct": 69.4966469572001,
    "top3_product_share_pct": 94.20925948608716,
    "top_product_hs6": "290511",
    "top_product_trade_usd": 3047236.765228753,
    "top_product_description": "Alcohols: saturated monohydric, methanol (methyl alcohol)",
    "top_attention_product_hs6": "290511",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 9630.7763671875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 6.74256830099617,
    "avg_mfn_tariff_pct": 6.74256830099617,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 6.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 200085.537744,
    "buyer_gdp_pc_latest": 4567,
    "buyer_population_latest": 43814.583,
    "buyer_gdp_5y_cagr_pct": 4.388047577338883,
    "buyer_gdp_pc_5y_cagr_pct": 8.285640541163119,
    "buyer_population_5y_cagr_pct": -3.37794288946095,
    "buyer_investment_5y_avg_pct": 22.714000000000002,
    "buyer_savings_5y_avg_pct": 10.852,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 69.4966469572001,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 200085.537744,
    "buyer_gdp_pc_2024": 4567,
    "buyer_population_2024": 43814.583
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 143257.8532254793,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 315676.72302031197,
      "yoy_growth_pct": 120.35561465761715,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 77645.21811447953,
      "yoy_growth_pct": -75.40356559343671,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 3357.33936901564,
      "yoy_growth_pct": -95.67605133896899,
      "cagr_3y_pct": -71.38290129604485
    },
    {
      "year": 1999,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 37348.41498328381,
      "yoy_growth_pct": 1012.4408609974461,
      "cagr_3y_pct": -50.908096481107634
    },
    {
      "year": 2000,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 19089.146176261005,
      "yoy_growth_pct": -48.88900590612797,
      "cagr_3y_pct": -37.35439663727098
    },
    {
      "year": 2001,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 3394408.021501299,
      "yoy_growth_pct": 17681.87452785362,
      "cagr_3y_pct": 903.6668974206791
    },
    {
      "year": 2002,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 914695.2200342625,
      "yoy_growth_pct": -73.05287949355876,
      "cagr_3y_pct": 190.40320915290926
    },
    {
      "year": 2003,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 8237.991698114487,
      "yoy_growth_pct": -99.0993730460507,
      "cagr_3y_pct": -24.43077840180823
    },
    {
      "year": 2004,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 16982.582815325237,
      "yoy_growth_pct": 106.14955000758512,
      "cagr_3y_pct": -82.89670058456466
    },
    {
      "year": 2005,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 19740.978573088818,
      "yoy_growth_pct": 16.24249849248125,
      "cagr_3y_pct": -72.15819274933604
    },
    {
      "year": 2006,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 133576.45175863212,
      "yoy_growth_pct": 576.6455435027189,
      "cagr_3y_pct": 153.10623927267537
    },
    {
      "year": 2007,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 1992435.8010728545,
      "yoy_growth_pct": 1391.607072085666,
      "cagr_3y_pct": 389.54602876016537
    },
    {
      "year": 2008,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 86255.65362521634,
      "yoy_growth_pct": -95.67084402023038,
      "cagr_3y_pct": 63.483137703695824
    },
    {
      "year": 2009,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 164378.6505848288,
      "yoy_growth_pct": 90.57145088605955,
      "cagr_3y_pct": 7.161430567907923
    },
    {
      "year": 2010,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 11196301.814174678,
      "yoy_growth_pct": 6711.287094972679,
      "cagr_3y_pct": 77.78567028052163
    },
    {
      "year": 2011,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 8777.965846408404,
      "yoy_growth_pct": -99.92159941744964,
      "cagr_3y_pct": -53.31234022443254
    },
    {
      "year": 2012,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 44888.963959250934,
      "yoy_growth_pct": 411.38230365316036,
      "cagr_3y_pct": -35.12190982370221
    },
    {
      "year": 2013,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 162857.0625035064,
      "yoy_growth_pct": 262.79978003355995,
      "cagr_3y_pct": -75.58946300591214
    },
    {
      "year": 2014,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 466525.4389667166,
      "yoy_growth_pct": 186.46313017998347,
      "cagr_3y_pct": 275.9763099515005
    },
    {
      "year": 2015,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 381828.12754070194,
      "yoy_growth_pct": -18.154918114134656,
      "cagr_3y_pct": 104.13122662626053
    },
    {
      "year": 2016,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 11594.276639471416,
      "yoy_growth_pct": -96.96348283345483,
      "cagr_3y_pct": -58.55434376703812
    },
    {
      "year": 2017,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 87689.9907459106,
      "yoy_growth_pct": 656.3213598628469,
      "cagr_3y_pct": -42.71711297861046
    },
    {
      "year": 2018,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 146619.95146726898,
      "yoy_growth_pct": 67.20260798306283,
      "cagr_3y_pct": -27.315514955415786
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 469670.1866830246,
      "yoy_growth_pct": 220.33170246129322,
      "cagr_3y_pct": 243.43913234857814
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 670460.2180815564,
      "yoy_growth_pct": 42.75128315394709,
      "cagr_3y_pct": 97.0036759710424
    },
    {
      "year": 2021,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 598139.0950265737,
      "yoy_growth_pct": -10.786788105328771,
      "cagr_3y_pct": 59.78513452224172
    },
    {
      "year": 2022,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 1969063.3172154163,
      "yoy_growth_pct": 229.1982305767751,
      "cagr_3y_pct": 61.245979990118784
    },
    {
      "year": 2023,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 8318168.077054003,
      "yoy_growth_pct": 322.44289476771513,
      "cagr_3y_pct": 131.50030053883185
    },
    {
      "year": 2024,
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "export_value_usd": 6675038.55600836,
      "yoy_growth_pct": -19.753502283492928,
      "cagr_3y_pct": 123.46895412902468
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "hs_code": "290511",
      "hs_description": "Alcohols: saturated monohydric, methanol (methyl alcohol)",
      "buyer_imports_latest_usd": 23978214.102223665,
      "current_below_peak_pct": 24.146299649430258,
      "lane_volatility_cv": 1.3091524787720306,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "hs_code": "030617",
      "hs_description": "Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water",
      "buyer_imports_latest_usd": 25977499.854159538,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.122667863667159,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "hs_code": "220840",
      "hs_description": "Rum and other spirits obtained by distilling fermented sugar-cane products",
      "buyer_imports_latest_usd": 10424012.165121146,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8813918792427095,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "hs_code": "271311",
      "hs_description": "Petroleum coke: (not calcined), obtained from bituminous minerals",
      "buyer_imports_latest_usd": 20269385.62177899,
      "current_below_peak_pct": 69.24710179868877,
      "lane_volatility_cv": 0.5296028061425744,
      "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",
        "long_distance_without_fta",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "VEN",
      "importer_iso3": "UKR",
      "hs_code": "760511",
      "hs_description": "Aluminium: (not alloyed), wire, maximum cross-sectional dimension exceeds 7mm",
      "buyer_imports_latest_usd": 30777447.02747336,
      "current_below_peak_pct": 68.54775812338265,
      "lane_volatility_cv": 0.5176851759721484,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "VEN",
    "importer_iso3": "UKR",
    "distance_km": 9636,
    "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": 200085.537744,
    "importer_gdp_per_capita_usd": 4566.642520459455,
    "importer_population": 43814.583,
    "importer_biz_entry_days": 6.5,
    "importer_biz_entry_cost_pct": 0.5,
    "exporter_gdp_million_usd": 438283.56710399996,
    "exporter_gdp_per_capita_usd": 15268.57259496072,
    "avg_applied_tariff_pct": 6.74256830099617,
    "avg_mfn_tariff_pct": 6.74256830099617,
    "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-UKR/risk",
    "html": "https://www.yugalinks.com/trade/corridor/VEN-UKR/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/VEN-UKR/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/VEN-UKR/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/VEN-UKR/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"
  }
}