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Venezuela Trade Summary

1995

Venezuela exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR VENEZUELA 1995

Overall Exports and Imports for Venezuela 1995

Exports and imports of Venezuela in 1995 are below, along with number of countries and products

  • The total value of exports (FoB) was 19,093 million.
  • The total value of imports (CIF) was 10,791 million.
  • At the HS6 digit level, 2,902 products were exported to 92 countries and 4,617 products were imported from 112 countries.

Venezuela top 5 Export and Import partners 1995

Top five countries to which Venezuela exported in 1995 are below, along with the percent of total exports that went to that country:

  1. Venezuela exports to United States worth US$ 9,646 million, with a partner share of 50.52 percent.
  2. Venezuela exports to Brazil worth US$ 1,684 million, with a partner share of 8.82 percent.
  3. Venezuela exports to Colombia worth US$ 1,423 million, with a partner share of 7.45 percent.
  4. Venezuela exports to Netherlands Antilles worth US$ 927 million, with a partner share of 4.86 percent.
  5. Venezuela exports to United Kingdom worth US$ 532 million, with a partner share of 2.79 percent.

Top five countries from which Venezuela imported goods in 1995 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from United States worth US$ 4,594 million, with a partner share of 42.58 percent.
  2. Venezuela imports from Colombia worth US$ 819 million, with a partner share of 7.59 percent.
  3. Venezuela imports from Germany worth US$ 521 million, with a partner share of 4.83 percent.
  4. Venezuela imports from Japan worth US$ 474 million, with a partner share of 4.39 percent.
  5. Venezuela imports from Canada worth US$ 457 million, with a partner share of 4.24 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 1995

The top five exported HS 6 digit level products to world by Venezuela along with trade value are:

  1. Venezuela exported Petroleum oils and oils obtained from bituminou , worth US$ 8,576,340.99 million.
  2. Venezuela exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 5,862,905.86 million.
  3. Venezuela exported Aluminium unwrought, not alloyed , worth US$ 683,564.48 million.
  4. Venezuela exported Non-agglomerated iron ores and concentrates , worth US$ 178,829.42 million.
  5. Venezuela exported Automobiles with reciprocating piston engine di , worth US$ 166,192.21 million.

The top five imported HS 6 digit level products from world by Venezuela along with trade value are

  1. Venezuela imported Automobiles with reciprocating piston engine di , worth US$ 282,645.09 million.
  2. Venezuela imported Automobiles with reciprocating piston engine di , worth US$ 243,111.31 million.
  3. Venezuela imported Maize (excl. seed) , worth US$ 143,191.04 million.
  4. Venezuela imported Spelt, common wheat and meslin , worth US$ 129,325.55 million.
  5. Venezuela imported Raw cane sugar, in solid form , worth US$ 123,857.74 million.

Exports and Imports of Product Groups 1995

Exports and imports of products by stages of processing in 1995 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1995

Tariffs imposed by Venezuela in 1995 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 12.80 percent.
  • The trade weighted average tariff was 11.49 .
  • The total duty free imports in thousands of US dollars were 1,041,573.35 and duty free tariff line items share was 6.82 percent.

Development Indicators 1995

Key Development Indicators of Venezuela in 1995 are below

  • Venezuela GDP in current US dollar was 77,389 million.
  • GNI per capita, Atlas method (current US$) was 3,020.00 .
  • Venezuela Trade balance: as % of GDP was 5.12.
  • Trade balance in current US$ was 3,962.00 million.
  • Trade as percentage of GDP was 47.34 .
  • Trade in services as percentage of GDP was 8.51 .

Trade Indicators 1995

Trade Indicators for Venezuela in 1995 are below

  • Hirschman Herfindahl market concentration index was 0.35.
  • Index of export market penetration was 2.77.
  • World Growth in percentage was 11.51 and Venezuela Country Growth was 10.13 .