Merchandise exports to economies in the Arab World in Venezuela
Venezuela: Merchandise exports to economies in the Arab World was 0.5% in 2023. ◆ Volatile
Merchandise exports to economies in the Arab World in Venezuela, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
The most recent figure for merchandise exports to economies in the arab world in Venezuela is 0.5%, measured in 2023.
That represents a change of down 65.9% on the previous year and up 1,935.1% over ten years.
Over the whole period, merchandise exports to economies in the arab world in Venezuela peaked at 6.6% in 2018 and was at its lowest, 0.0%, in 1994.
That places Venezuela 161st out of 205 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to economies in the Arab World in Venezuela, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1960 | 0.1% | — |
| 1961 | 0.0% | -84.7% |
| 1962 | 0.0% | +112.3% |
| 1963 | 0.1% | +81.7% |
| 1964 | 0.1% | -20.7% |
| 1966 | 0.0% | -72.6% |
| 1967 | 0.0% | +220.7% |
| 1969 | 0.1% | +190.3% |
| 1970 | 0.0% | -63.4% |
| 1978 | 0.3% | +490.9% |
| 1979 | 0.0% | -95.4% |
| 1980 | 0.0% | +153.4% |
| 1981 | 0.0% | -33.7% |
| 1982 | 0.1% | +414.2% |
| 1983 | 0.2% | +40.8% |
| 1984 | 0.2% | +40.0% |
| 1985 | 0.2% | -4.7% |
| 1986 | 0.1% | -52.6% |
| 1988 | 0.1% | +40.1% |
| 1989 | 0.4% | +170.3% |
| 1990 | 0.1% | -75.9% |
| 1991 | 0.2% | +162.0% |
| 1992 | 0.2% | -37.3% |
| 1993 | 0.2% | +10.5% |
| 1994 | 0.0% | -98.8% |
| 1995 | 0.1% | +4395.1% |
| 1996 | 0.1% | +31.2% |
| 1997 | 0.1% | -44.0% |
| 1998 | 0.0% | -41.7% |
| 2000 | 0.0% | -66.9% |
| 2001 | 0.1% | +382.1% |
| 2002 | 0.2% | +193.3% |
| 2003 | 0.1% | -18.7% |
| 2004 | 0.1% | -26.2% |
| 2005 | 0.2% | +87.7% |
| 2006 | 0.2% | -13.6% |
| 2007 | 0.1% | -33.1% |
| 2008 | 0.3% | +134.5% |
| 2009 | 0.2% | -15.5% |
| 2010 | 0.1% | -66.7% |
| 2011 | 0.1% | +39.1% |
| 2012 | 0.1% | -27.7% |
| 2013 | 0.0% | -65.4% |
| 2014 | 0.1% | +168.1% |
| 2015 | 0.0% | -83.3% |
| 2016 | 0.1% | +757.4% |
| 2017 | 5.0% | +4872.1% |
| 2018 | 6.6% | +33.0% |
| 2019 | 1.0% | -84.3% |
| 2020 | 0.4% | -56.9% |
| 2021 | 1.1% | +141.3% |
| 2022 | 1.6% | +44.7% |
| 2023 | 0.5% | -65.9% |
Venezuela compared with similar countries
- Venezuela's 0.5% is below the median for lower middle income countries, which is 1.9%, 27% of the median. (47 countries reporting)
- Venezuela's 0.5% is below the median for Latin America & Caribbean, which is 0.9%, 59% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to economies in the Arab World in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +4872.1% | 0.1% | 5.0% |
| 1995 | +4395.1% | 0.0% | 0.1% |
| 2016 | +757.4% | 0.0% | 0.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.1% | 0.0% | 0.1% | 8 |
| 1970s | 0.1% | 0.0% | 0.3% | 3 |
| 1980s | 0.2% | 0.0% | 0.4% | 9 |
| 1990s | 0.1% | 0.0% | 0.2% | 9 |
| 2000s | 0.1% | 0.0% | 0.3% | 10 |
| 2010s | 1.3% | 0.0% | 6.6% | 10 |
| 2020s | 0.9% | 0.4% | 1.6% | 4 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to economies in the arab world in Venezuela?
- Merchandise exports to economies in the arab world in Venezuela was 0.5% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to economies in the arab world recorded in Venezuela?
- The highest recorded value was 6.6% in 2018.
- What is the lowest merchandise exports to economies in the arab world recorded in Venezuela?
- The lowest recorded value was 0.0% in 1994.
- How does Venezuela rank for merchandise exports to economies in the arab world?
- Venezuela ranks 161st out of 205 countries with data for 2023.
- Is merchandise exports to economies in the arab world rising or falling in Venezuela?
- Over the last ten years it is up 1,935.1%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to economies in the Arab World (% of total merchandise exports). Statizoid updates them automatically from the source API.
Download this data
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About this data
Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.