Venezuela Trade Summary

1998 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): 17,054
No. Of products: 2,798
No. Of partners: 100
Importsmore »
Imports (in US$ Mil): 14,250
No. Of products: 4,634
No. Of partners: 122

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...7,788,052.99
Petroleum oils, etc, ...4,110,971.14
Aluminium unwrought, ...380,024.90
Gold in unwrought fo ...256,506.74
Non-agglomerated iro ...197,010.96
Imports (US$ Thousands)
Automobiles with rec ...473,128.38
Transmission apparat ...312,300.35
Machinery, plant or ...303,442.82
Automobiles with rec ...287,166.88
Automobiles with rec ...214,716.94

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States8,775 51.46
Colombia1,432 8.40
Netherlands Antilles1,034 6.06
Brazil661 3.88
Cuba433 2.54
Exporter Trade (US$ Mil) Partner share(%)
United States6,199 43.50
Colombia794 5.57
Germany686 4.81
Japan660 4.63
Brazil620 4.35

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials8,419 49.37 791 5.55 10.97
Intermediate goods3,054 17.91 3,583 25.14 11.11
Consumer goods5,189 30.43 4,001 28.08 20.98
Capital goods391 2.29 5,691 39.94 10.30

Trade Indicators

more »
HH Market concentration index: 0.35
Index of export market penetration: 3.03
World Growth: -0.47
Country Growth: -14.34

Tariffs

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No Of Tariff Agreement: 2
Maximum Rate (%): 111.75
Simple Average (%): 13
Weighted Average (%): 13.69
Duty Free Imports (US$ Thousand): 238,875.32
Duty Free Tariff Lines Share (%): 0.48

Development Indicators

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GDP (current US$): 91,331
GNI per capita, Atlas method (current US$): 3,340.00
Trade Balance (% of GDP): -1.76
Trade Balance (current US$ Mil): -1,606.00
Trade in services (% of GDP): 6.17
Trade (% of GDP): 43.60