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Venezuela Trade Summary

2001

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 2001

Overall Exports and Imports for Venezuela 2001

Exports and imports of Venezuela in 2001 are below, along with number of countries and products

  • The total value of exports (FoB) was 25,304 million.
  • The total value of imports (CIF) was 16,436 million.
  • At the HS6 digit level, 2,690 products were exported to 117 countries and 4,662 products were imported from 138 countries.

Venezuela top 5 Export and Import partners 2001

Top five countries to which Venezuela exported in 2001 are below, along with the percent of total exports that went to that country:

  1. Venezuela exports to United States worth US$ 14,280 million, with a partner share of 56.43 percent.
  2. Venezuela exports to Netherlands Antilles worth US$ 1,544 million, with a partner share of 6.10 percent.
  3. Venezuela exports to Unspecified worth US$ 1,207 million, with a partner share of 4.77 percent.
  4. Venezuela exports to Colombia worth US$ 731 million, with a partner share of 2.89 percent.
  5. Venezuela exports to Dominican Republic worth US$ 715 million, with a partner share of 2.83 percent.

Top five countries from which Venezuela imported goods in 2001 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from United States worth US$ 5,572 million, with a partner share of 33.90 percent.
  2. Venezuela imports from Colombia worth US$ 1,432 million, with a partner share of 8.71 percent.
  3. Venezuela imports from Brazil worth US$ 975 million, with a partner share of 5.93 percent.
  4. Venezuela imports from Mexico worth US$ 774 million, with a partner share of 4.71 percent.
  5. Venezuela imports from Japan worth US$ 749 million, with a partner share of 4.56 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 2001

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 14,755,862.74 (US$ Thousands).
  2. Venezuela exported Petroleum oils, etc, (excl. crude); preparation , worth 5,979,993.91 (US$ Thousands).
  3. Venezuela exported Aluminium unwrought, not alloyed , worth 395,110.26 (US$ Thousands).
  4. Venezuela exported Bituminous coal, not agglomerated , worth 253,036.35 (US$ Thousands).
  5. Venezuela exported Ferrous products obtained by direct reduction o , worth 228,639.37 (US$ Thousands).

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 732,786.78 (US$ Thousands).
  2. Venezuela imported Automobiles with reciprocating piston engine di , worth 411,216.04 (US$ Thousands).
  3. Venezuela imported Automobiles with reciprocating piston engine di , worth 355,836.37 (US$ Thousands).
  4. Venezuela imported Petroleum oils, etc, (excl. crude); preparation , worth 309,458.92 (US$ Thousands).
  5. Venezuela imported Transmission apparatus, for radioteleph incorpo , worth 294,945.78 (US$ Thousands).

Exports and Imports of Product Groups 2001

Exports and imports of products by stages of processing in 2001 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2001

Tariffs imposed by Venezuela in 2001 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 13.38 percent.
  • The trade weighted average tariff was 14.46 .
  • The total duty free imports in thousands of US dollars were 253,564.63 and duty free tariff line items share was 0.49 percent.

Development Indicators 2001

Key Development Indicators of Venezuela in 2001 are below

  • Venezuela GDP in current US dollar was 122,911 million.
  • GNI per capita, Atlas method (current US$) was 4,560.00 .
  • Venezuela Trade balance: as % of GDP was 3.33.
  • Trade balance in current US$ was 4,093.00 million.
  • Trade as percentage of GDP was 42.14 .
  • Trade in services as percentage of GDP was 4.94 .

Trade Indicators 2001

Trade Indicators for Venezuela in 2001 are below

  • Hirschman Herfindahl market concentration index was 0.35.
  • Index of export market penetration was 3.20.
  • World Growth in percentage was -1.72 and Venezuela Country Growth was -6.46 .