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Venezuela Trade Summary

1996

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 1996

Overall Exports and Imports for Venezuela 1996

Exports and imports of Venezuela in 1996 are below, along with number of countries and products

  • The total value of exports (FoB) was 23,072 million.
  • The total value of imports (CIF) was 8,902 million.
  • At the HS6 digit level, 3,034 products were exported to 104 countries and 4,536 products were imported from 107 countries.

Venezuela top 5 Export and Import partners 1996

Top five countries to which Venezuela exported in 1996 are below, along with the percent of total exports that went to that country:

  1. Venezuela exports to United States worth US$ 13,961 million, with a partner share of 60.51 percent.
  2. Venezuela exports to Netherlands Antilles worth US$ 1,279 million, with a partner share of 5.54 percent.
  3. Venezuela exports to Colombia worth US$ 1,250 million, with a partner share of 5.42 percent.
  4. Venezuela exports to Brazil worth US$ 747 million, with a partner share of 3.24 percent.
  5. Venezuela exports to Netherlands worth US$ 493 million, with a partner share of 2.14 percent.

Top five countries from which Venezuela imported goods in 1996 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from United States worth US$ 4,002 million, with a partner share of 44.95 percent.
  2. Venezuela imports from Colombia worth US$ 682 million, with a partner share of 7.66 percent.
  3. Venezuela imports from Germany worth US$ 401 million, with a partner share of 4.51 percent.
  4. Venezuela imports from Brazil worth US$ 362 million, with a partner share of 4.07 percent.
  5. Venezuela imports from Mexico worth US$ 357 million, with a partner share of 4.01 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 1996

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 12,615,440.38 (US$ Thousands).
  2. Venezuela exported Petroleum oils, etc, (excl. crude); preparation , worth 5,924,001.28 (US$ Thousands).
  3. Venezuela exported Aluminium unwrought, not alloyed , worth 495,111.30 (US$ Thousands).
  4. Venezuela exported Non-agglomerated iron ores and concentrates , worth 171,694.27 (US$ Thousands).
  5. Venezuela exported Automobiles with reciprocating piston engine di , worth 162,565.57 (US$ Thousands).

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

  1. Venezuela imported Maize (excl. seed) , worth 221,356.37 (US$ Thousands).
  2. Venezuela imported Automobiles with reciprocating piston engine di , worth 206,276.69 (US$ Thousands).
  3. Venezuela imported Automobiles with reciprocating piston engine di , worth 160,895.79 (US$ Thousands).
  4. Venezuela imported Milk and cream in solid forms of >1.5% fat, uns , worth 157,678.62 (US$ Thousands).
  5. Venezuela imported Spelt, common wheat and meslin , worth 134,689.18 (US$ Thousands).

Exports and Imports of Product Groups 1996

Exports and imports of products by stages of processing in 1996 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1996

Tariffs imposed by Venezuela in 1996 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 1996

Key Development Indicators of Venezuela in 1996 are below

  • Venezuela GDP in current US dollar was 70,543 million.
  • GNI per capita, Atlas method (current US$) was 3,080.00 .
  • Venezuela Trade balance: as % of GDP was 14.70.
  • Trade balance in current US$ was 10,367.00 million.
  • Trade as percentage of GDP was 55.97 .
  • Trade in services as percentage of GDP was 9.19 .

Trade Indicators 1996

Trade Indicators for Venezuela in 1996 are below

  • Hirschman Herfindahl market concentration index was 0.39.
  • Index of export market penetration was 2.90.
  • World Growth in percentage was 3.55 and Venezuela Country Growth was 11.37 .