Venezuela Trade Summary

2004 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): 39,887
No. Of products: 3,041
No. Of partners: 127
Importsmore »
Imports (in US$ Mil): 14,697
No. Of products: 4,369
No. Of partners: 134

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...20,608,451.15
Petroleum oils, etc, ...12,262,215.44
Ferrous products obt ...595,004.35
Aluminium unwrought, ...419,957.45
Bituminous coal, not ...291,423.29
Imports (US$ Thousands)
Automobiles with rec ...501,338.96
Transmission apparat ...413,255.68
Other medicaments of ...323,989.03
Automobiles with rec ...260,938.12
Oil-cake and other s ...222,248.13

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States24,235 60.76
Unspecified6,600 16.55
Netherlands Antilles1,203 3.02
Colombia1,042 2.61
Italy1,008 2.53
Exporter Trade (US$ Mil) Partner share(%)
United States4,579 31.16
Colombia1,563 10.64
Brazil1,238 8.43
Mexico686 4.67
Spain540 3.68

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials21,268 53.32 866 5.89 9.78
Intermediate goods4,966 12.45 4,009 27.28 9.20
Consumer goods13,036 32.68 4,653 31.66 17.85
Capital goods617 1.55 5,167 35.16 8.89

Trade Indicators

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HH Market concentration index: 0.49
Index of export market penetration: 3.27
World Growth: 10.49
Country Growth: 20.33

Tariffs

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No Of Tariff Agreement: 20
Maximum Rate (%): 35
Simple Average (%): 12.50
Weighted Average (%): 11.87
Duty Free Imports (US$ Thousand): 1,309,123.36
Duty Free Tariff Lines Share (%): 5.38

Development Indicators

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GDP (current US$): 112,453
GNI per capita, Atlas method (current US$): 4,050.00
Trade Balance (% of GDP): 17.03
Trade Balance (current US$ Mil): 19,150.00
Trade in services (% of GDP): 5.00
Trade (% of GDP): 55.37