{ "template": "T19", "templateName": "Exporter Regional Trade Playbook", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp" }, "branding": { "brandName": "Yugalinks", "header": "Shared Yugalinks trade navigation", "footer": "Shared Yugalinks trade footer", "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp" }, "seo": { "title": "Venezuela Export Playbook for Middle East | Yugalinks", "description": "Explore Venezuela's export opportunities in Middle East. Compare buyer markets, access conditions, products, and calculated trade potential.", "canonical": "https://www.yugalinks.com/trade/playbook/VEN/region/middle-east", "robots": "index, follow" }, "breadcrumbs": [ { "name": "Home", "url": "https://www.yugalinks.com/" }, { "name": "Trade data", "url": "https://www.yugalinks.com/trade/" }, { "name": "Venezuela in Middle East", "url": "https://www.yugalinks.com/trade/playbook/VEN/region/middle-east" } ], "exporter": { "iso3": "VEN", "country_name": "Venezuela" }, "profile": { "year": 2024, "country_iso3": "VEN", "exports_usd": 13200085503.257254, "imports_usd": 14325240493.82624, "trade_balance_usd": -1125154990.568987, "yoy_exports_growth_pct": 82.11112530683995, "yoy_imports_growth_pct": 36.42892163766183, "exports_cagr_3y_pct": 44.378505179386885, "imports_cagr_3y_pct": 23.02352215844412, "export_partner_hhi": 2516.299220254697, "export_product_hhi": 4955.455899791821, "momentum_score": 70.79133926860403, "risk_score": 37.35877560023259, "gdp_million_usd": 119802.96325778269, "gdp_per_capita_usd": 4217.5910264339145, "population": 28405543, "labor_force": 13647.58, "investment_rate_pct": 20.62, "savings_rate_pct": 16.2, "secondary_education_pct": 71.03, "tertiary_education_pct": 14.49, "total_factor_productivity": 531.08, "trade_openness_pct": 14.390220515210059, "exports_gdp_pct": 6.900995150125605, "num_active_partners": 270, "num_fta_partners": 5, "num_wto_partners": 169, "num_eu_partners": 28, "num_shared_border_partners": 3, "num_shared_language_partners": 24, "avg_partner_distance_km": 9222.366255144032, "avg_partner_gdp_million_usd": 533678518.3258192, "avg_partner_gdp_per_capita_usd": 15.774186170212769, "avg_buyer_biz_entry_days": null, "avg_buyer_biz_entry_cost_pct": null, "pct_partners_with_fta": 1.8518518518518516, "pct_partners_shared_language": 8.88888888888889, "pct_partners_shared_border": 1.1111111111111112, "avg_applied_tariff_pct": 0.13132459018022274, "avg_mfn_tariff_pct": 0.13716341397185977, "avg_preferential_tariff_pct": 0.04698212517883296, "tariff_advantage_pp": 0.09018128879302681, "avg_distance_all_partners_km": 9022.806952651094, "num_border_partners": 75, "num_colonial_partners": 25, "avg_substitution_elasticity": -9.79007230856391, "pct_products_high_elasticity": 69.9105733824303, "pct_products_low_elasticity": 3.787480273540242, "real_market_potential": 200308.2871830689, "foreign_market_potential": 9461.022611337874 }, "region": { "slug": "middle-east", "name": "Middle East" }, "latestYear": 2024, "totals": { "addressable_usd": 102597081606.76, "market_count": 8, "fta_count": 0, "average_distance_km": 11409.742309570312, "average_entry_days": 10.450000000000001 }, "markets": [ { "iso3": "TUR", "country_name": "Turkey", "opportunity_count": 10, "addressable_usd": 58147017761.049995, "trade_value_usd": 73205432302.83398, "tariff_total": 70, "tariff_count": 10, "distance_total": 97326.09375, "distance_count": 10, "fta": 0, "topProduct": "Product not reported", "topProductValue": 23571431908.93, "risk": "Not reported", "average_distance_km": 9732.609375, "entry_days": 7 }, { "iso3": "ARE", "country_name": "United Arab Emirates", "opportunity_count": 2, "addressable_usd": 26323663332.739998, "trade_value_usd": 84915681389.51128, "tariff_total": 7.6, "tariff_count": 2, "distance_total": 25135.49609375, "distance_count": 2, "fta": 0, "topProduct": "Metals: gold, non-monetary, unwrought (but not powder)", "topProductValue": 20177525217.67, "risk": "Not reported", "average_distance_km": 12567.748046875, "entry_days": 3.8 }, { "iso3": "SAU", "country_name": "Saudi Arabia", "opportunity_count": 4, "addressable_usd": 9539682230.9, "trade_value_usd": 15844121796.202143, "tariff_total": 41.6, "tariff_count": 4, "distance_total": 47373.22265625, "distance_count": 4, "fta": 0, "topProduct": "Product not reported", "topProductValue": 5390651735.8, "risk": "Not reported", "average_distance_km": 11843.3056640625, "entry_days": 10.4 }, { "iso3": "KWT", "country_name": "Kuwait", "opportunity_count": 3, "addressable_usd": 3419652510.7400002, "trade_value_usd": 3665902356.4269924, "tariff_total": 58.199999999999996, "tariff_count": 3, "distance_total": 35306.5751953125, "distance_count": 3, "fta": 0, "topProduct": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof", "topProductValue": 1202095916.54, "risk": "Not reported", "average_distance_km": 11768.8583984375, "entry_days": 19.4 }, { "iso3": "ISR", "country_name": "Israel", "opportunity_count": 1, "addressable_usd": 1719416526.38, "trade_value_usd": 3465695765.554412, "tariff_total": 11, "tariff_count": 1, "distance_total": 10472.24609375, "distance_count": 1, "fta": 0, "topProduct": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set", "topProductValue": 1719416526.38, "risk": "Not reported", "average_distance_km": 10472.24609375, "entry_days": 11 }, { "iso3": "BHR", "country_name": "Bahrain", "opportunity_count": 1, "addressable_usd": 1547049209.61, "trade_value_usd": 1400805100.7525978, "tariff_total": 8.3, "tariff_count": 1, "distance_total": 12141.814453125, "distance_count": 1, "fta": 0, "topProduct": "Iron ores and concentrates: non-agglomerated", "topProductValue": 1547049209.61, "risk": "Not reported", "average_distance_km": 12141.814453125, "entry_days": 8.3 }, { "iso3": "LBN", "country_name": "Lebanon", "opportunity_count": 1, "addressable_usd": 1052668231.35, "trade_value_usd": 1469355862.0083516, "tariff_total": 15, "tariff_count": 1, "distance_total": 10485.3125, "distance_count": 1, "fta": 0, "topProduct": "Product not reported", "topProductValue": 1052668231.35, "risk": "Not reported", "average_distance_km": 10485.3125, "entry_days": 15 }, { "iso3": "QAT", "country_name": "Qatar", "opportunity_count": 1, "addressable_usd": 847931803.99, "trade_value_usd": 2217166855.6465745, "tariff_total": 8.7, "tariff_count": 1, "distance_total": 12266.0439453125, "distance_count": 1, "fta": 0, "topProduct": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof", "topProductValue": 847931803.99, "risk": "Not reported", "average_distance_km": 12266.0439453125, "entry_days": 8.7 } ], "opportunities": [ { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "271019", "hs_description": "", "hs_chapter": "", "hs_heading": "", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": null, "buyer_imports_latest_usd": 23893438601.14917, "buyer_imports_avg_usd": 12004912401.411587, "buyer_imports_peak_usd": 30882398437.102665, "buyer_cagr_full_pct": 16.6741, "buyer_yoy_avg_pct": 25.023, "buyer_yoy_latest_pct": -3.9152, "buyer_trend_consistency_pct": 62.069, "buyer_imports_proj_3y_usd": 37949147458.04, "buyer_imports_proj_5y_usd": 51659587739.63, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 24507955.20945749, "exports_avg_usd": 8494651.621258017, "exports_peak_usd": 47401594.00261271, "share_latest_pct": 0.08464379526296643, "share_avg_pct": 0.18356250378557462, "share_peak_pct": 0.8394841424065642, "share_change_1y_pp": -0.025199065421222022, "share_trend_pp_per_yr": -0.058065, "cagr_full_pct": 14.9597, "yoy_avg_pct": 588.0236, "yoy_latest_pct": -1.3187, "trend_consistency_pct": 53.8462, "exports_proj_3y_usd": 37234357.98, "exports_proj_5y_usd": 49207926.4, "your_share_gap_pp": 62.1132, "addressable_proj_3y_usd": 23571431908.93, "addressable_proj_5y_usd": 32087425842.56, "peer_best_share_pct": 62.19784919729988, "peer_top_exporter": "RUS", "num_suppliers_latest": 104, "buyer_herfindahl_index": 3976.3, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.5883775091059515, "lane_max_drawdown_pct": 96.42168397898845, "signal_flag": "Growing", "lane_data_years": 14, "lane_last_year": 2012, "rank": 21, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "ARE", "hs_code": "710812", "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)", "hs_chapter": "71", "hs_heading": "7108", "price_range_label": "Medium price range", "trade_type_label": "Two-way horizontal trade", "substitution_elasticity": -8.5809689, "buyer_imports_latest_usd": 80031157896.70036, "buyer_imports_avg_usd": 17187113940.582947, "buyer_imports_peak_usd": 80031157896.70036, "buyer_cagr_full_pct": 43.6605, "buyer_yoy_avg_pct": 134.2551, "buyer_yoy_latest_pct": 38.0848, "buyer_trend_consistency_pct": 86.2069, "buyer_imports_proj_3y_usd": 156310855266.99, "buyer_imports_proj_5y_usd": 244235711354.68, "buyer_gdp_mn_latest": 358868.765175, "buyer_gdp_pc_latest": 36285, "buyer_population_latest": 9991.083, "buyer_investment_rate": 26.35, "buyer_savings_rate": 61.51, "buyer_edu_secondary": 74.48, "buyer_gdp_mn_2030_proj": 415110.49, "buyer_gdp_pc_2030_proj": 40333.53, "buyer_gdp_pc_growth_pct": 11.16, "buyer_gdp_mn_growth_pct": 15.67, "buyer_pop_growth_pct": 4.06, "exports_latest_usd": 44631768.84958319, "exports_avg_usd": 243480381.47593963, "exports_peak_usd": 1202206074.469396, "share_latest_pct": 0.05576799089573504, "share_avg_pct": 1.1144882350040008, "share_peak_pct": 5.756865529894794, "share_change_1y_pp": 0.05401405407201408, "share_trend_pp_per_yr": -0.065461, "cagr_full_pct": -10.5609, "yoy_avg_pct": 1319.0421, "yoy_latest_pct": 4290.5309, "trend_consistency_pct": 60, "exports_proj_3y_usd": 31931989.15, "exports_proj_5y_usd": 25543508.88, "your_share_gap_pp": 12.9086, "addressable_proj_3y_usd": 20177525217.67, "addressable_proj_5y_usd": 31527383152.6, "peer_best_share_pct": 12.964356574331918, "peer_top_exporter": "GIN", "num_suppliers_latest": 111, "buyer_herfindahl_index": 520.02, "distance_km": 12567.748046875, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 3.8, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.7700580117999511, "lane_max_drawdown_pct": 99.9942157181151, "signal_flag": "Declining", "lane_data_years": 6, "lane_last_year": 2024, "rank": 25, "importer_name": "United Arab Emirates" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "710812", "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)", "hs_chapter": "71", "hs_heading": "7108", "price_range_label": "Medium price range", "trade_type_label": "Two-way horizontal trade", "substitution_elasticity": -8.5809689, "buyer_imports_latest_usd": 20048457150.815643, "buyer_imports_avg_usd": 6479590454.389144, "buyer_imports_peak_usd": 29332732399.337437, "buyer_cagr_full_pct": 32.0762, "buyer_yoy_avg_pct": 193.4238, "buyer_yoy_latest_pct": -31.6516, "buyer_trend_consistency_pct": 62.069, "buyer_imports_proj_3y_usd": 39157142872.69, "buyer_imports_proj_5y_usd": 61183035738.57, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 6812725, "exports_avg_usd": 226495208.05919173, "exports_peak_usd": 898555308.33066, "share_latest_pct": 0.02322567467377804, "share_avg_pct": 2.3168352821415144, "share_peak_pct": 9.234228973357455, "share_change_1y_pp": 0.015842956212183224, "share_trend_pp_per_yr": -3.070334, "cagr_full_pct": -62.3335, "yoy_avg_pct": 556.593, "yoy_latest_pct": 1710.6958, "trend_consistency_pct": 66.6667, "exports_proj_3y_usd": 2874118.36, "exports_proj_5y_usd": 1616691.58, "your_share_gap_pp": 45.4301, "addressable_proj_3y_usd": 17789120473.02, "addressable_proj_5y_usd": 27795500739.09, "peer_best_share_pct": 45.45330347901426, "peer_top_exporter": "ARE", "num_suppliers_latest": 64, "buyer_herfindahl_index": 4054.87, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.7131628426850363, "lane_max_drawdown_pct": 99.97367441893516, "signal_flag": "Declining", "lane_data_years": 4, "lane_last_year": 2023, "rank": 32, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "ARE", "hs_code": "847130", "hs_description": "Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display", "hs_chapter": "84", "hs_heading": "8471", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -10.458858, "buyer_imports_latest_usd": 4884523492.81091, "buyer_imports_avg_usd": 1814627281.9220474, "buyer_imports_peak_usd": 4884523492.81091, "buyer_cagr_full_pct": 16.1807, "buyer_yoy_avg_pct": 21.2933, "buyer_yoy_latest_pct": 5.1437, "buyer_trend_consistency_pct": 79.3103, "buyer_imports_proj_3y_usd": 7659924092.23, "buyer_imports_proj_5y_usd": 10339335819.7, "buyer_gdp_mn_latest": 358868.765175, "buyer_gdp_pc_latest": 36285, "buyer_population_latest": 9991.083, "buyer_investment_rate": 26.35, "buyer_savings_rate": 61.51, "buyer_edu_secondary": 74.48, "buyer_gdp_mn_2030_proj": 415110.49, "buyer_gdp_pc_2030_proj": 40333.53, "buyer_gdp_pc_growth_pct": 11.16, "buyer_gdp_mn_growth_pct": 15.67, "buyer_pop_growth_pct": 4.06, "exports_latest_usd": 1295.0274909409493, "exports_avg_usd": 546.6982998072733, "exports_peak_usd": 1295.0274909409493, "share_latest_pct": 0.00004933020926637544, "share_avg_pct": 0.00010960847273910779, "share_peak_pct": 0.00043133525269743956, "share_change_1y_pp": 0.000008692512942878897, "share_trend_pp_per_yr": -0.000096, "cagr_full_pct": 6.2824, "yoy_avg_pct": 777.1421, "yoy_latest_pct": 50.491, "trend_consistency_pct": 75, "exports_proj_3y_usd": 1554.76, "exports_proj_5y_usd": 1756.24, "your_share_gap_pp": 80.2376, "addressable_proj_3y_usd": 6146138115.07, "addressable_proj_5y_usd": 8296033381.12, "peer_best_share_pct": 80.23763446903672, "peer_top_exporter": "CHN", "num_suppliers_latest": 103, "buyer_herfindahl_index": 6492.62, "distance_km": 12567.748046875, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 3.8, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 0.8945806567337694, "lane_max_drawdown_pct": 99.40827410001981, "signal_flag": "Growing", "lane_data_years": 5, "lane_last_year": 2017, "rank": 110, "importer_name": "United Arab Emirates" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "270112", "hs_description": "Coal: bituminous, whether or not pulverised, but not agglomerated", "hs_chapter": "27", "hs_heading": "2701", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -35.083916, "buyer_imports_latest_usd": 7215473216.682051, "buyer_imports_avg_usd": 3301436948.821763, "buyer_imports_peak_usd": 12489914613.759924, "buyer_cagr_full_pct": 11.8432, "buyer_yoy_avg_pct": 18.8338, "buyer_yoy_latest_pct": -9.8628, "buyer_trend_consistency_pct": 58.6207, "buyer_imports_proj_3y_usd": 10094704503.99, "buyer_imports_proj_5y_usd": 12627367062.8, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 409714.7428511593, "exports_avg_usd": 3825113.9313410246, "exports_peak_usd": 20226243.267128013, "share_latest_pct": 0.013089772556718933, "share_avg_pct": 0.2602895034103298, "share_peak_pct": 0.7515290775202296, "share_change_1y_pp": -0.012110170706581441, "share_trend_pp_per_yr": -0.023748, "cagr_full_pct": -5.5536, "yoy_avg_pct": 3494.538, "yoy_latest_pct": -58.9646, "trend_consistency_pct": 50, "exports_proj_3y_usd": 345174.29, "exports_proj_5y_usd": 307899.99, "your_share_gap_pp": 54.7076, "addressable_proj_3y_usd": 5522572183.35, "addressable_proj_5y_usd": 6908131492.35, "peer_best_share_pct": 54.72070584164047, "peer_top_exporter": "RUS", "num_suppliers_latest": 61, "buyer_herfindahl_index": 3325.34, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.4012987235340206, "lane_max_drawdown_pct": 99.13840695196068, "signal_flag": "Slowing", "lane_data_years": 15, "lane_last_year": 2016, "rank": 136, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "SAU", "hs_code": "271012", "hs_description": "", "hs_chapter": "", "hs_heading": "", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": null, "buyer_imports_latest_usd": 10459940913.55807, "buyer_imports_avg_usd": 2333120725.531959, "buyer_imports_peak_usd": 12051228180.695526, "buyer_cagr_full_pct": 23.687, "buyer_yoy_avg_pct": 49.1014, "buyer_yoy_latest_pct": -13.2044, "buyer_trend_consistency_pct": 62.069, "buyer_imports_proj_3y_usd": 19792555930.15, "buyer_imports_proj_5y_usd": 30279612560.53, "buyer_gdp_mn_latest": 833541.2365690001, "buyer_gdp_pc_latest": 23586, "buyer_population_latest": 35340.679, "buyer_investment_rate": 26.29, "buyer_savings_rate": 44.2, "buyer_edu_secondary": 77.08, "buyer_gdp_mn_2030_proj": 921490.46, "buyer_gdp_pc_2030_proj": 24399.9, "buyer_gdp_pc_growth_pct": 3.45, "buyer_gdp_mn_growth_pct": 10.55, "buyer_pop_growth_pct": 6.86, "exports_latest_usd": 40642177.62735629, "exports_avg_usd": 15306920.302103082, "exports_peak_usd": 40642177.62735629, "share_latest_pct": 1.1648829217970482, "share_avg_pct": 4.823538412496926, "share_peak_pct": 9.782666065495679, "share_change_1y_pp": -2.358183328401001, "share_trend_pp_per_yr": -4.308892, "cagr_full_pct": 13.6306, "yoy_avg_pct": 622.3965, "yoy_latest_pct": 1199.3598, "trend_consistency_pct": 100, "exports_proj_3y_usd": 59629749.58, "exports_proj_5y_usd": 76993429.15, "your_share_gap_pp": 27.2358, "addressable_proj_3y_usd": 5390651735.8, "addressable_proj_5y_usd": 8246880624.45, "peer_best_share_pct": 28.400636377910075, "peer_top_exporter": "EGY", "num_suppliers_latest": 42, "buyer_herfindahl_index": 1712.73, "distance_km": 11843.3056640625, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 10.4, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.170658289035209, "lane_max_drawdown_pct": 0, "signal_flag": "Accelerating", "lane_data_years": 3, "lane_last_year": 2018, "rank": 142, "importer_name": "Saudi Arabia" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "270900", "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude", "hs_chapter": "27", "hs_heading": "2709", "price_range_label": "Unclassified", "trade_type_label": "Two-way trade", "substitution_elasticity": -12.554918, "buyer_imports_latest_usd": 7047800067.053809, "buyer_imports_avg_usd": 4230996083.295375, "buyer_imports_peak_usd": 12038681551.788235, "buyer_cagr_full_pct": 3.3302, "buyer_yoy_avg_pct": 12.6596, "buyer_yoy_latest_pct": -8.5591, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 7775621068.87, "buyer_imports_proj_5y_usd": 8302128086.69, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 4681433.043847773, "exports_avg_usd": 11806468.156687383, "exports_peak_usd": 34515272.813071944, "share_latest_pct": 0.12895153517562044, "share_avg_pct": 0.26877182216086415, "share_peak_pct": 0.6354868292493726, "share_change_1y_pp": -0.5065352940737522, "share_trend_pp_per_yr": 0.03236, "cagr_full_pct": 19.1366, "yoy_avg_pct": 492.9075, "yoy_latest_pct": -86.4366, "trend_consistency_pct": 66.6667, "exports_proj_3y_usd": 7916155, "exports_proj_5y_usd": 11235815.63, "your_share_gap_pp": 51.5488, "addressable_proj_3y_usd": 4008236047.6, "addressable_proj_5y_usd": 4279643873.35, "peer_best_share_pct": 51.677709018351045, "peer_top_exporter": "RUS", "num_suppliers_latest": 13, "buyer_herfindahl_index": 3157.19, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.1296948478632782, "lane_max_drawdown_pct": 86.43663322842178, "signal_flag": "Growing", "lane_data_years": 4, "lane_last_year": 2010, "rank": 201, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "720449", "hs_description": "Ferrous waste and scrap: n.e.s. in heading no. 7204", "hs_chapter": "72", "hs_heading": "7204", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -22.737358, "buyer_imports_latest_usd": 6759135504.141641, "buyer_imports_avg_usd": 4146679130.900238, "buyer_imports_peak_usd": 9346451220.638287, "buyer_cagr_full_pct": 7.532, "buyer_yoy_avg_pct": 13.2608, "buyer_yoy_latest_pct": 5.0749, "buyer_trend_consistency_pct": 55.1724, "buyer_imports_proj_3y_usd": 8404343341.06, "buyer_imports_proj_5y_usd": 9718044312.39, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 197318934.99999988, "exports_avg_usd": 188268236.07721907, "exports_peak_usd": 435545600, "share_latest_pct": 2.919292487613146, "share_avg_pct": 2.5024906120269006, "share_peak_pct": 5.580654068005323, "share_change_1y_pp": -0.9181315639736236, "share_trend_pp_per_yr": 0.452545, "cagr_full_pct": 58.5675, "yoy_avg_pct": 204.7298, "yoy_latest_pct": -20.065, "trend_consistency_pct": 50, "exports_proj_3y_usd": 385388544.92, "exports_proj_5y_usd": 602169601.44, "your_share_gap_pp": 21.2209, "addressable_proj_3y_usd": 1783475313.67, "addressable_proj_5y_usd": 2062254173.22, "peer_best_share_pct": 24.140168899912783, "peer_top_exporter": "USA", "num_suppliers_latest": 45, "buyer_herfindahl_index": 1035.51, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 0.8605901047829785, "lane_max_drawdown_pct": 54.696147774194046, "signal_flag": "Growing", "lane_data_years": 7, "lane_last_year": 2024, "rank": 444, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "ISR", "hs_code": "710239", "hs_description": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set", "hs_chapter": "71", "hs_heading": "7102", "price_range_label": "Unclassified", "trade_type_label": "Two-way trade", "substitution_elasticity": -10.452269, "buyer_imports_latest_usd": 3465695765.554412, "buyer_imports_avg_usd": 4537706251.802649, "buyer_imports_peak_usd": 7894889222.961622, "buyer_cagr_full_pct": 5.4925, "buyer_yoy_avg_pct": 8.7039, "buyer_yoy_latest_pct": -30.9563, "buyer_trend_consistency_pct": 65.5172, "buyer_imports_proj_3y_usd": 4068696720.41, "buyer_imports_proj_5y_usd": 4527918219.54, "buyer_gdp_mn_latest": 481591.266133, "buyer_gdp_pc_latest": 51430, "buyer_population_latest": 9364, "buyer_investment_rate": 21.38, "buyer_savings_rate": 22.2, "buyer_edu_secondary": 93.5, "buyer_gdp_mn_2030_proj": 577285.72, "buyer_gdp_pc_2030_proj": 56752.81, "buyer_gdp_pc_growth_pct": 10.35, "buyer_gdp_mn_growth_pct": 19.87, "buyer_pop_growth_pct": 8.63, "exports_latest_usd": 376954.17845801124, "exports_avg_usd": 2883901.483347076, "exports_peak_usd": 8104790.353063704, "share_latest_pct": 0.005109927188665074, "share_avg_pct": 0.06020289373308952, "share_peak_pct": 0.16752386772749248, "share_change_1y_pp": 0.004850199720798484, "share_trend_pp_per_yr": -0.000262, "cagr_full_pct": 5.1168, "yoy_avg_pct": 545.6547, "yoy_latest_pct": 1738.3349, "trend_consistency_pct": 57.1429, "exports_proj_3y_usd": 437829.26, "exports_proj_5y_usd": 483781.13, "your_share_gap_pp": 42.2596, "addressable_proj_3y_usd": 1719416526.38, "addressable_proj_5y_usd": 1913481871.9, "peer_best_share_pct": 42.264748443697734, "peer_top_exporter": "USA", "num_suppliers_latest": 39, "buyer_herfindahl_index": 2409.4, "distance_km": 10472.24609375, "shares_official_language": 0, "common_spoken_language_score": 0.02969999983906746, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 11, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.0464245459098993, "lane_max_drawdown_pct": 99.7469990588724, "signal_flag": "Growing", "lane_data_years": 8, "lane_last_year": 2013, "rank": 459, "importer_name": "Israel" }, { "exporter_iso3": "VEN", "importer_iso3": "SAU", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "hs_chapter": "85", "hs_heading": "8517", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": -3.6319895, "buyer_imports_latest_usd": 2443949083.1272726, "buyer_imports_avg_usd": 766489301.5480245, "buyer_imports_peak_usd": 2443949083.1272726, "buyer_cagr_full_pct": 14.5527, "buyer_yoy_avg_pct": 17.713, "buyer_yoy_latest_pct": 4.7895, "buyer_trend_consistency_pct": 75.8621, "buyer_imports_proj_3y_usd": 3673738335.04, "buyer_imports_proj_5y_usd": 4820797965.79, "buyer_gdp_mn_latest": 833541.2365690001, "buyer_gdp_pc_latest": 23586, "buyer_population_latest": 35340.679, "buyer_investment_rate": 26.29, "buyer_savings_rate": 44.2, "buyer_edu_secondary": 77.08, "buyer_gdp_mn_2030_proj": 921490.46, "buyer_gdp_pc_2030_proj": 24399.9, "buyer_gdp_pc_growth_pct": 3.45, "buyer_gdp_mn_growth_pct": 10.55, "buyer_pop_growth_pct": 6.86, "exports_latest_usd": 663.409757427558, "exports_avg_usd": 20998.982860408927, "exports_peak_usd": 102306.54129644866, "share_latest_pct": 0.00002714499094959294, "share_avg_pct": 0.00158935765083552, "share_peak_pct": 0.005947513559465781, "share_change_1y_pp": -0.005920368568516188, "share_trend_pp_per_yr": -0.000178, "cagr_full_pct": 1.7391, "yoy_avg_pct": 6948.4997, "yoy_latest_pct": -99.3515, "trend_consistency_pct": 50, "exports_proj_3y_usd": 698.63, "exports_proj_5y_usd": 723.14, "your_share_gap_pp": 45.0897, "addressable_proj_3y_usd": 1656477751.36, "addressable_proj_5y_usd": 2173683546.8, "peer_best_share_pct": 45.089731426795275, "peer_top_exporter": "CHN", "num_suppliers_latest": 83, "buyer_herfindahl_index": 2366.86, "distance_km": 11843.3056640625, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 10.4, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.9360445295532427, "lane_max_drawdown_pct": 99.35154707702881, "signal_flag": "Stable", "lane_data_years": 5, "lane_last_year": 2024, "rank": 471, "importer_name": "Saudi Arabia" }, { "exporter_iso3": "VEN", "importer_iso3": "BHR", "hs_code": "260111", "hs_description": "Iron ores and concentrates: non-agglomerated", "hs_chapter": "26", "hs_heading": "2601", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": null, "buyer_imports_latest_usd": 1400805100.7525978, "buyer_imports_avg_usd": 471480654.8891088, "buyer_imports_peak_usd": 2076599308.908712, "buyer_cagr_full_pct": 12.391, "buyer_yoy_avg_pct": 37.7399, "buyer_yoy_latest_pct": -0.787, "buyer_trend_consistency_pct": 48.2759, "buyer_imports_proj_3y_usd": 1988713396.72, "buyer_imports_proj_5y_usd": 2512089968.27, "buyer_gdp_mn_latest": 38868.663032, "buyer_gdp_pc_latest": 22232, "buyer_population_latest": 1748.295, "buyer_investment_rate": 27.14, "buyer_savings_rate": 45.17, "buyer_edu_secondary": 65.46, "buyer_gdp_mn_2030_proj": 42759.33, "buyer_gdp_pc_2030_proj": 22323.22, "buyer_gdp_pc_growth_pct": 0.41, "buyer_gdp_mn_growth_pct": 10.01, "buyer_pop_growth_pct": 9.56, "exports_latest_usd": 115729.8482258898, "exports_avg_usd": 2067255.2521742706, "exports_peak_usd": 6396964.5033856295, "share_latest_pct": 0.05110985847308763, "share_avg_pct": 0.35941678044803593, "share_peak_pct": 0.9535102369984977, "share_change_1y_pp": -0.008804612491372883, "share_trend_pp_per_yr": -0.049441, "cagr_full_pct": -6.0742, "yoy_avg_pct": 569.8862, "yoy_latest_pct": -31.1916, "trend_consistency_pct": 20, "exports_proj_3y_usd": 95895.76, "exports_proj_5y_usd": 84599.68, "your_share_gap_pp": 77.7915, "addressable_proj_3y_usd": 1547049209.61, "addressable_proj_5y_usd": 1954191492, "peer_best_share_pct": 77.84257101945038, "peer_top_exporter": "BRA", "num_suppliers_latest": 4, "buyer_herfindahl_index": 6297.26, "distance_km": 12141.814453125, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 8.3, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.2832069766046952, "lane_max_drawdown_pct": 98.19086305442778, "signal_flag": "Slowing", "lane_data_years": 6, "lane_last_year": 2016, "rank": 501, "importer_name": "Bahrain" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "291736", "hs_description": "Acids: aromatic polycarboxylic acids: terephthalic acid and its salts", "hs_chapter": "29", "hs_heading": "2917", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -38.694557, "buyer_imports_latest_usd": 1575310027.8680716, "buyer_imports_avg_usd": 408092120.0882883, "buyer_imports_peak_usd": 1585421171.702597, "buyer_cagr_full_pct": 18.4567, "buyer_yoy_avg_pct": 24.964, "buyer_yoy_latest_pct": 5.4453, "buyer_trend_consistency_pct": 75.8621, "buyer_imports_proj_3y_usd": 2618456027.92, "buyer_imports_proj_5y_usd": 3674216841.41, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 267705.07243045885, "exports_avg_usd": 1571620.3152566352, "exports_peak_usd": 3043916.5455422453, "share_latest_pct": 0.01699380234332378, "share_avg_pct": 0.11759473023078856, "share_peak_pct": 0.2636696460557001, "share_change_1y_pp": -0.019009931604021195, "share_trend_pp_per_yr": -0.082225, "cagr_full_pct": -55.5292, "yoy_avg_pct": -49.3658, "yoy_latest_pct": -50.2297, "trend_consistency_pct": 0, "exports_proj_3y_usd": 112938.08, "exports_proj_5y_usd": 63527.67, "your_share_gap_pp": 52.9653, "addressable_proj_3y_usd": 1386873395.03, "addressable_proj_5y_usd": 1946060399.95, "peer_best_share_pct": 52.982305430453124, "peer_top_exporter": "KOR", "num_suppliers_latest": 25, "buyer_herfindahl_index": 4109.55, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 0.7585767673166053, "lane_max_drawdown_pct": 91.20524270540507, "signal_flag": "Declining", "lane_data_years": 4, "lane_last_year": 2024, "rank": 550, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "SAU", "hs_code": "720310", "hs_description": "Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms", "hs_chapter": "72", "hs_heading": "7203", "price_range_label": "Low price range", "trade_type_label": "One-way trade", "substitution_elasticity": null, "buyer_imports_latest_usd": 886898983.528281, "buyer_imports_avg_usd": 236254402.44252917, "buyer_imports_peak_usd": 1041203480.8402107, "buyer_cagr_full_pct": 34.3029, "buyer_yoy_avg_pct": 33380.0352, "buyer_yoy_latest_pct": 75.0064, "buyer_trend_consistency_pct": 55.1724, "buyer_imports_proj_3y_usd": 1732224577.2, "buyer_imports_proj_5y_usd": 2706600901.88, "buyer_gdp_mn_latest": 833541.2365690001, "buyer_gdp_pc_latest": 23586, "buyer_population_latest": 35340.679, "buyer_investment_rate": 26.29, "buyer_savings_rate": 44.2, "buyer_edu_secondary": 77.08, "buyer_gdp_mn_2030_proj": 921490.46, "buyer_gdp_pc_2030_proj": 24399.9, "buyer_gdp_pc_growth_pct": 3.45, "buyer_gdp_mn_growth_pct": 10.55, "buyer_pop_growth_pct": 6.86, "exports_latest_usd": 1736660.6360306824, "exports_avg_usd": 5623994.769244009, "exports_peak_usd": 17816532.64194994, "share_latest_pct": 0.3953436676302844, "share_avg_pct": 16.165603811842768, "share_peak_pct": 99.12078159522405, "share_change_1y_pp": -0.09330701748094572, "share_trend_pp_per_yr": -8.97504, "cagr_full_pct": -14.9298, "yoy_avg_pct": 49.8864, "yoy_latest_pct": 116.8193, "trend_consistency_pct": 45.4545, "exports_proj_3y_usd": 1069172.49, "exports_proj_5y_usd": 773754.14, "your_share_gap_pp": 77.2861, "addressable_proj_3y_usd": 1338768749.18, "addressable_proj_5y_usd": 2091826170.59, "peer_best_share_pct": 77.68143963913357, "peer_top_exporter": "OMN", "num_suppliers_latest": 21, "buyer_herfindahl_index": 6179.87, "distance_km": 11843.3056640625, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 10.4, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 0.9942496894356995, "lane_max_drawdown_pct": 97.01435456021589, "signal_flag": "Declining", "lane_data_years": 12, "lane_last_year": 2018, "rank": 566, "importer_name": "Saudi Arabia" }, { "exporter_iso3": "VEN", "importer_iso3": "KWT", "hs_code": "711319", "hs_description": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof", "hs_chapter": "71", "hs_heading": "7113", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": -3.8260093, "buyer_imports_latest_usd": 1336360469.983789, "buyer_imports_avg_usd": 456301114.90194756, "buyer_imports_peak_usd": 1336360469.983789, "buyer_cagr_full_pct": 8.8221, "buyer_yoy_avg_pct": 12.4243, "buyer_yoy_latest_pct": 8.1966, "buyer_trend_consistency_pct": 75.8621, "buyer_imports_proj_3y_usd": 1722165436.45, "buyer_imports_proj_5y_usd": 2039431083.61, "buyer_gdp_mn_latest": 105960.22568799999, "buyer_gdp_pc_latest": 24812, "buyer_population_latest": 4328.553, "buyer_investment_rate": 20.17, "buyer_savings_rate": 61.05, "buyer_edu_secondary": 57.04, "buyer_gdp_mn_2030_proj": 105824.55, "buyer_gdp_pc_2030_proj": 23350.34, "buyer_gdp_pc_growth_pct": -5.89, "buyer_gdp_mn_growth_pct": -0.13, "buyer_pop_growth_pct": 6.12, "exports_latest_usd": 34.401781801707564, "exports_avg_usd": 35.56080893062426, "exports_peak_usd": 82.40643053801374, "share_latest_pct": 0.000012698011770813856, "share_avg_pct": 0.000026161488920640033, "share_peak_pct": 0.00007314966750385795, "share_change_1y_pp": -0.00006045165573304409, "share_trend_pp_per_yr": -0.000001, "cagr_full_pct": 3.6212, "yoy_avg_pct": 83.6186, "yoy_latest_pct": -58.2535, "trend_consistency_pct": 25, "exports_proj_3y_usd": 38.28, "exports_proj_5y_usd": 41.1, "your_share_gap_pp": 69.8014, "addressable_proj_3y_usd": 1202095916.54, "addressable_proj_5y_usd": 1423551841.07, "peer_best_share_pct": 69.8014319519639, "peer_top_exporter": "ARE", "num_suppliers_latest": 44, "buyer_herfindahl_index": 5019.51, "distance_km": 11768.8583984375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 19.4, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 0.6828333940694993, "lane_max_drawdown_pct": 58.25352272012538, "signal_flag": "Growing", "lane_data_years": 5, "lane_last_year": 2005, "rank": 639, "importer_name": "Kuwait" }, { "exporter_iso3": "VEN", "importer_iso3": "KWT", "hs_code": "851712", "hs_description": "Telephones for cellular networks or for other wireless networks", "hs_chapter": "85", "hs_heading": "8517", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": -8.9039278, "buyer_imports_latest_usd": 1260339151.2306283, "buyer_imports_avg_usd": 454673658.00522, "buyer_imports_peak_usd": 1260339151.2306283, "buyer_cagr_full_pct": 13.7973, "buyer_yoy_avg_pct": 19.6004, "buyer_yoy_latest_pct": 23.989, "buyer_trend_consistency_pct": 65.5172, "buyer_imports_proj_3y_usd": 1857303641.51, "buyer_imports_proj_5y_usd": 2405174359.86, "buyer_gdp_mn_latest": 105960.22568799999, "buyer_gdp_pc_latest": 24812, "buyer_population_latest": 4328.553, "buyer_investment_rate": 20.17, "buyer_savings_rate": 61.05, "buyer_edu_secondary": 57.04, "buyer_gdp_mn_2030_proj": 105824.55, "buyer_gdp_pc_2030_proj": 23350.34, "buyer_gdp_pc_growth_pct": -5.89, "buyer_gdp_mn_growth_pct": -0.13, "buyer_pop_growth_pct": 6.12, "exports_latest_usd": 4263.47693803559, "exports_avg_usd": 1127.0574464735032, "exports_peak_usd": 4263.47693803559, "share_latest_pct": 0.00304996157024659, "share_avg_pct": 0.0017972350487375115, "share_peak_pct": 0.00304996157024659, "share_change_1y_pp": 0.002610784827042223, "share_trend_pp_per_yr": 0.000288, "cagr_full_pct": 38.921, "yoy_avg_pct": 196.138, "yoy_latest_pct": 1298.3452, "trend_consistency_pct": 57.1429, "exports_proj_3y_usd": 8327.1, "exports_proj_5y_usd": 13011.1, "your_share_gap_pp": 63.5597, "addressable_proj_3y_usd": 1180495848.14, "addressable_proj_5y_usd": 1528720604.66, "peer_best_share_pct": 63.56270826196828, "peer_top_exporter": "ARE", "num_suppliers_latest": 45, "buyer_herfindahl_index": 5120.63, "distance_km": 11768.8583984375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 19.4, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.0817332666023216, "lane_max_drawdown_pct": 74.15182814234372, "signal_flag": "Accelerating", "lane_data_years": 8, "lane_last_year": 2003, "rank": 654, "importer_name": "Kuwait" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "hs_chapter": "85", "hs_heading": "8517", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": -3.6319895, "buyer_imports_latest_usd": 1477563909.12743, "buyer_imports_avg_usd": 585062630.3019376, "buyer_imports_peak_usd": 1575241554.4411905, "buyer_cagr_full_pct": 12.3321, "buyer_yoy_avg_pct": 22.9071, "buyer_yoy_latest_pct": -6.2008, "buyer_trend_consistency_pct": 72.4138, "buyer_imports_proj_3y_usd": 2094390624.08, "buyer_imports_proj_5y_usd": 2642806048.01, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 529.0671045495711, "exports_avg_usd": 787.4933483078669, "exports_peak_usd": 2457.436699732186, "share_latest_pct": 0.000035806715451110996, "share_avg_pct": 0.00011625022023867611, "share_peak_pct": 0.0003503175371600649, "share_change_1y_pp": -0.0003145108217089539, "share_trend_pp_per_yr": -0.000012, "cagr_full_pct": 2.1428, "yoy_avg_pct": 347.6032, "yoy_latest_pct": -78.4708, "trend_consistency_pct": 50, "exports_proj_3y_usd": 563.81, "exports_proj_5y_usd": 588.23, "your_share_gap_pp": 56.0441, "addressable_proj_3y_usd": 1173782152.66, "addressable_proj_5y_usd": 1481136582.85, "peer_best_share_pct": 56.044125155013816, "peer_top_exporter": "CHN", "num_suppliers_latest": 93, "buyer_herfindahl_index": 3305.64, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.0717561372447724, "lane_max_drawdown_pct": 78.47077385117471, "signal_flag": "Stable", "lane_data_years": 5, "lane_last_year": 2024, "rank": 658, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "SAU", "hs_code": "843143", "hs_description": "Boring or sinking machinery: parts of the machinery of item no. 8430.41 or 8430.41", "hs_chapter": "84", "hs_heading": "8431", "price_range_label": "Unclassified", "trade_type_label": "One-way trade", "substitution_elasticity": -3.3205943, "buyer_imports_latest_usd": 2053332815.988521, "buyer_imports_avg_usd": 467778952.69398713, "buyer_imports_peak_usd": 2053332815.988521, "buyer_cagr_full_pct": 10.6578, "buyer_yoy_avg_pct": 17.7413, "buyer_yoy_latest_pct": 119.6783, "buyer_trend_consistency_pct": 65.5172, "buyer_imports_proj_3y_usd": 2782313241.68, "buyer_imports_proj_5y_usd": 3406986968.5, "buyer_gdp_mn_latest": 833541.2365690001, "buyer_gdp_pc_latest": 23586, "buyer_population_latest": 35340.679, "buyer_investment_rate": 26.29, "buyer_savings_rate": 44.2, "buyer_edu_secondary": 77.08, "buyer_gdp_mn_2030_proj": 921490.46, "buyer_gdp_pc_2030_proj": 24399.9, "buyer_gdp_pc_growth_pct": 3.45, "buyer_gdp_mn_growth_pct": 10.55, "buyer_pop_growth_pct": 6.86, "exports_latest_usd": 141838.50405025456, "exports_avg_usd": 20323.28564243987, "exports_peak_usd": 141838.50405025456, "share_latest_pct": 0.024796105583742192, "share_avg_pct": 0.0064208225400987015, "share_peak_pct": 0.024796105583742192, "share_change_1y_pp": 0.024713194323932538, "share_trend_pp_per_yr": 0.001302, "cagr_full_pct": 9.6906, "yoy_avg_pct": 2334.7693, "yoy_latest_pct": 22124.5798, "trend_consistency_pct": 36.3636, "exports_proj_3y_usd": 187198.45, "exports_proj_5y_usd": 225237.65, "your_share_gap_pp": 41.4685, "addressable_proj_3y_usd": 1153783994.56, "addressable_proj_5y_usd": 1412826915.04, "peer_best_share_pct": 41.493311486073125, "peer_top_exporter": "ARE", "num_suppliers_latest": 87, "buyer_herfindahl_index": 2646.74, "distance_km": 11843.3056640625, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 10.4, "shared_legal_system": 0, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.8691046799436382, "lane_max_drawdown_pct": 98.27267481571995, "signal_flag": "Growing", "lane_data_years": 12, "lane_last_year": 2022, "rank": 668, "importer_name": "Saudi Arabia" }, { "exporter_iso3": "VEN", "importer_iso3": "TUR", "hs_code": "271012", "hs_description": "", "hs_chapter": "", "hs_heading": "", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": null, "buyer_imports_latest_usd": 1471050928.5140486, "buyer_imports_avg_usd": 1453076637.3905628, "buyer_imports_peak_usd": 3866427972.0220695, "buyer_cagr_full_pct": 11.7161, "buyer_yoy_avg_pct": 31.9334, "buyer_yoy_latest_pct": 15.7001, "buyer_trend_consistency_pct": 62.069, "buyer_imports_proj_3y_usd": 2051042277.57, "buyer_imports_proj_5y_usd": 2559799098.43, "buyer_gdp_mn_latest": 815271.751724, "buyer_gdp_pc_latest": 9587, "buyer_population_latest": 85042.732, "buyer_investment_rate": 27.54, "buyer_savings_rate": 23.29, "buyer_edu_secondary": 65.14, "buyer_gdp_mn_2030_proj": 987896.81, "buyer_gdp_pc_2030_proj": 11246.73, "buyer_gdp_pc_growth_pct": 17.31, "buyer_gdp_mn_growth_pct": 21.17, "buyer_pop_growth_pct": 3.29, "exports_latest_usd": 18613734.26330106, "exports_avg_usd": 4556368.933843085, "exports_peak_usd": 25204256.8244789, "share_latest_pct": 0.7948561528440128, "share_avg_pct": 0.37924249442353836, "share_peak_pct": 1.186284541981868, "share_change_1y_pp": 0.5108420827069167, "share_trend_pp_per_yr": -0.035584, "cagr_full_pct": 21.2628, "yoy_avg_pct": 11358.5914, "yoy_latest_pct": 124.2218, "trend_consistency_pct": 54.5455, "exports_proj_3y_usd": 33190707.48, "exports_proj_5y_usd": 48805845.77, "your_share_gap_pp": 52.3681, "addressable_proj_3y_usd": 1074091913.39, "addressable_proj_5y_usd": 1340518204.62, "peer_best_share_pct": 53.162958221746514, "peer_top_exporter": "RUS", "num_suppliers_latest": 51, "buyer_herfindahl_index": 3332.97, "distance_km": 9732.609375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 7, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.7951350948345317, "lane_max_drawdown_pct": 99.95071099845319, "signal_flag": "Accelerating", "lane_data_years": 12, "lane_last_year": 2012, "rank": 728, "importer_name": "Turkey" }, { "exporter_iso3": "VEN", "importer_iso3": "LBN", "hs_code": "271012", "hs_description": "", "hs_chapter": "", "hs_heading": "", "price_range_label": null, "trade_type_label": null, "substitution_elasticity": null, "buyer_imports_latest_usd": 1469355862.0083516, "buyer_imports_avg_usd": 1011234279.3199164, "buyer_imports_peak_usd": 1970752245.5210438, "buyer_cagr_full_pct": 7.7347, "buyer_yoy_avg_pct": 12.3271, "buyer_yoy_latest_pct": -7.1807, "buyer_trend_consistency_pct": 65.5172, "buyer_imports_proj_3y_usd": 1837359505.01, "buyer_imports_proj_5y_usd": 2132581188.78, "buyer_gdp_mn_latest": 18076.62484, "buyer_gdp_pc_latest": 2670, "buyer_population_latest": 6769.151, "buyer_investment_rate": 23.71, "buyer_savings_rate": -1.58, "buyer_edu_secondary": 66.5, "buyer_gdp_mn_2030_proj": 16293.14, "buyer_gdp_pc_2030_proj": 2519.42, "buyer_gdp_pc_growth_pct": -5.64, "buyer_gdp_mn_growth_pct": -9.87, "buyer_pop_growth_pct": -4.48, "exports_latest_usd": 240.1516307840623, "exports_avg_usd": 814931.8978399261, "exports_peak_usd": 2600220.1929493165, "share_latest_pct": 0.00010794227756560454, "share_avg_pct": 0.6324679405198627, "share_peak_pct": 2.163396967312266, "share_change_1y_pp": -2.1632890250347003, "share_trend_pp_per_yr": -0.070114, "cagr_full_pct": -76.7884, "yoy_avg_pct": 214.5208, "yoy_latest_pct": -99.9908, "trend_consistency_pct": 33.3333, "exports_proj_3y_usd": 101.31, "exports_proj_5y_usd": 56.99, "your_share_gap_pp": 57.2924, "addressable_proj_3y_usd": 1052668231.35, "addressable_proj_5y_usd": 1221807959.78, "peer_best_share_pct": 57.29255552704888, "peer_top_exporter": "GRC", "num_suppliers_latest": 26, "buyer_herfindahl_index": 3875.5, "distance_km": 10485.3125, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 0, "buyer_biz_entry_days": 15, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 1.2757436870318082, "lane_max_drawdown_pct": 99.99076418099378, "signal_flag": "Declining", "lane_data_years": 4, "lane_last_year": 2000, "rank": 752, "importer_name": "Lebanon" }, { "exporter_iso3": "VEN", "importer_iso3": "KWT", "hs_code": "710812", "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)", "hs_chapter": "71", "hs_heading": "7108", "price_range_label": "Medium price range", "trade_type_label": "Two-way horizontal trade", "substitution_elasticity": -8.5809689, "buyer_imports_latest_usd": 1069202735.212575, "buyer_imports_avg_usd": 344430523.4128593, "buyer_imports_peak_usd": 1090999334.156974, "buyer_cagr_full_pct": 10.1842, "buyer_yoy_avg_pct": 24.5393, "buyer_yoy_latest_pct": 27.3173, "buyer_trend_consistency_pct": 51.7241, "buyer_imports_proj_3y_usd": 1430268435.38, "buyer_imports_proj_5y_usd": 1736424412.95, "buyer_gdp_mn_latest": 105960.22568799999, "buyer_gdp_pc_latest": 24812, "buyer_population_latest": 4328.553, "buyer_investment_rate": 20.17, "buyer_savings_rate": 61.05, "buyer_edu_secondary": 57.04, "buyer_gdp_mn_2030_proj": 105824.55, "buyer_gdp_pc_2030_proj": 23350.34, "buyer_gdp_pc_growth_pct": -5.89, "buyer_gdp_mn_growth_pct": -0.13, "buyer_pop_growth_pct": 6.12, "exports_latest_usd": 8.575216282050707, "exports_avg_usd": 10.401697661503164, "exports_peak_usd": 25.361754590841525, "share_latest_pct": 0.000008249525246911135, "share_avg_pct": 0.00001565169626541084, "share_peak_pct": 0.000040278178626865404, "share_change_1y_pp": -0.000032028653379954266, "share_trend_pp_per_yr": -0.000001, "cagr_full_pct": 4.8572, "yoy_avg_pct": 390.5879, "yoy_latest_pct": -66.1884, "trend_consistency_pct": 33.3333, "exports_proj_3y_usd": 9.89, "exports_proj_5y_usd": 10.87, "your_share_gap_pp": 72.5081, "addressable_proj_3y_usd": 1037060746.06, "addressable_proj_5y_usd": 1259048688.08, "peer_best_share_pct": 72.50812773311553, "peer_top_exporter": "ARE", "num_suppliers_latest": 8, "buyer_herfindahl_index": 5996.78, "distance_km": 11768.8583984375, "shares_official_language": 0, "common_spoken_language_score": 0, "has_wto_reported_fta": 0, "buyer_is_eu_member": 0, "buyer_is_wto_member": 1, "buyer_biz_entry_days": 19.4, "shared_legal_system": 1, "shared_religion": 0, "shares_land_border": 0, "lane_volatility_cv": 0.8620974802514807, "lane_max_drawdown_pct": 69.28482780465262, "signal_flag": "Growing", "lane_data_years": 4, "lane_last_year": 2005, "rank": 768, "importer_name": "Kuwait" } ], "sectors": [ { "hs2": "71", "sector_name": "HS2 sector 71", "opportunity_count": 6, "addressable_usd": 42773150683.659996, "market_size_usd": 108168040873.91336, "growth": 111.9638, "growthCount": 6, "average_growth_pct": 18.660633333333333 }, { "hs2": "00", "sector_name": "HS2 sector 00", "opportunity_count": 4, "addressable_usd": 31088843789.469997, "market_size_usd": 37293786305.22964, "growth": 59.81190000000001, "growthCount": 4, "average_growth_pct": 14.952975000000002 }, { "hs2": "27", "sector_name": "HS2 sector 27", "opportunity_count": 3, "addressable_usd": 10514088578.730001, "market_size_usd": 15606943275.909588, "growth": 20.299599999999998, "growthCount": 3, "average_growth_pct": 6.766533333333332 }, { "hs2": "84", "sector_name": "HS2 sector 84", "opportunity_count": 2, "addressable_usd": 7299922109.629999, "market_size_usd": 6937856308.799431, "growth": 26.838500000000003, "growthCount": 2, "average_growth_pct": 13.419250000000002 }, { "hs2": "85", "sector_name": "HS2 sector 85", "opportunity_count": 3, "addressable_usd": 4010755752.16, "market_size_usd": 5181852143.485331, "growth": 40.682100000000005, "growthCount": 3, "average_growth_pct": 13.560700000000002 }, { "hs2": "72", "sector_name": "HS2 sector 72", "opportunity_count": 2, "addressable_usd": 3122244062.8500004, "market_size_usd": 7646034487.669922, "growth": 41.834900000000005, "growthCount": 2, "average_growth_pct": 20.917450000000002 }, { "hs2": "26", "sector_name": "HS2 sector 26", "opportunity_count": 1, "addressable_usd": 1547049209.61, "market_size_usd": 1400805100.7525978, "growth": 12.391, "growthCount": 1, "average_growth_pct": 12.391 }, { "hs2": "29", "sector_name": "HS2 sector 29", "opportunity_count": 1, "addressable_usd": 1386873395.03, "market_size_usd": 1575310027.8680716, "growth": 18.4567, "growthCount": 1, "average_growth_pct": 18.4567 }, { "hs2": "76", "sector_name": "HS2 sector 76", "opportunity_count": 1, "addressable_usd": 854154025.62, "market_size_usd": 2373532905.3083725, "growth": 12.2941, "growthCount": 1, "average_growth_pct": 12.2941 } ], "sections": [ "overview", "markets", "opportunities", "sectors", "faq", "data-source" ], "methodology": { "summary": "Reported trade observations and calculated indicators are shown separately. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.", "url": "https://www.yugalinks.com/methodology" }, "faq": [ { "question": "Should Venezuela focus on Middle East?", "answer": "Use the market ranking as a starting point, then check product fit, buyer requirements, route costs, tariffs, standards, and competitive conditions." }, { "question": "What does calculated opportunity mean?", "answer": "It is a screening indicator built from demand and exporter-position signals. It is not a confirmed order, sales forecast, or guarantee of market entry." }, { "question": "How should exporters use this page?", "answer": "Prioritize one market and product combination, then validate buyers, compliance, logistics, pricing, and continuity before making a commercial decision." } ], "links": { "home": "https://www.yugalinks.com/", "trade": "https://www.yugalinks.com/trade/", "workspace": "https://www.yugalinks.com/app/countries", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "json": "https://www.yugalinks.com/trade/playbook/VEN/region/middle-east/index.json", "markdown": "https://www.yugalinks.com/trade/playbook/VEN/region/middle-east/index.md", "jsonLd": "https://www.yugalinks.com/trade/playbook/VEN/region/middle-east/index.ld.json" }, "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 2026-08-30)", "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": "2026-08-30", "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": "2026-08-30" } ] }, "generatedAt": "2026-08-30T12:37:39.022Z" }