Venezuela Trade Summary

1997 Data

Venezuela exports, imports, tariff by year.

Country / 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

Overall Exports and Imports

Exportsmore »
Exports (in US$ Mil): 22,890
No. Of products: 2,953
No. Of partners: 105
Importsmore »
Imports (in US$ Mil): 13,159
No. Of products: 4,625
No. Of partners: 116

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...12,176,776.19
Petroleum oils, etc, ...5,773,058.56
Aluminium unwrought, ...422,085.09
Non-agglomerated iro ...168,133.58
Automobiles with rec ...162,906.82
Imports (US$ Thousands)
Automobiles with rec ...449,326.21
Automobiles with rec ...336,259.97
Automobiles with rec ...241,277.89
Transmission apparat ...219,795.68
Gas powered trucks w ...204,722.51

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States13,041 56.97
Colombia1,340 5.85
Netherlands Antilles1,093 4.78
Brazil969 4.23
Unspecified788 3.44
Exporter Trade (US$ Mil) Partner share(%)
United States5,982 45.46
Colombia863 6.56
Brazil628 4.77
Japan592 4.50
Germany544 4.13

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials12,837 56.08 837 6.36 10.80
Intermediate goods2,917 12.74 3,602 27.37 10.80
Consumer goods6,847 29.91 3,583 27.23 20.53
Capital goods287 1.25 4,895 37.20 10.17

Trade Indicators

more »
HH Market concentration index: 0.38
Index of export market penetration: 3.08
World Growth: 3.05
Country Growth: 3.58

Tariffs

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No Of Tariff Agreement: 1
Maximum Rate (%): 35
Simple Average (%): 12.82
Weighted Average (%): 13.40
Duty Free Imports (US$ Thousand): 234,391.12
Duty Free Tariff Lines Share (%): 0.41

Development Indicators

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GDP (current US$ Mil): 85,844
GNI per capita, Atlas method (current US$): 3,350.00
Trade Balance (% of GDP): 7.27
Trade Balance (current US$ Mil): 6,243.00
Trade in services (% of GDP): 6.12
Trade (% of GDP): 51.25