Venezuela Trade Summary

2005 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): 55,413
No. Of products: 2,769
No. Of partners: 121
Importsmore »
Imports (in US$ Mil): 21,848
No. Of products: 4,468
No. Of partners: 148

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...33,046,828.44
Petroleum oils, etc, ...15,097,984.06
Ferrous products obt ...767,845.71
Aluminium unwrought, ...483,709.20
Bituminous coal, not ...331,417.51
Imports (US$ Thousands)
Automobiles with rec ...1,038,657.13
Transmission apparat ...893,993.91
Other medicaments of ...412,027.86
Automobiles with rec ...388,784.35
Gas powered trucks w ...294,480.16

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States25,063 45.23
Unspecified15,686 28.31
Other Asia, nes2,612 4.71
Netherlands Antilles1,970 3.56
Colombia1,030 1.86
Exporter Trade (US$ Mil) Partner share(%)
United States6,897 31.57
Colombia2,409 11.03
Brazil1,989 9.10
Mexico1,515 6.93
Panama848 3.88

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials33,595 60.63 894 4.09 9.58
Intermediate goods5,358 9.67 4,888 22.37 9.88
Consumer goods15,801 28.51 7,381 33.78 19.15
Capital goods628 1.13 8,681 39.73 9.28

Trade Indicators

more »
HH Market concentration index: 0.47
Index of export market penetration: 3.40
World Growth: 6.13
Country Growth: 16.83

Tariffs

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No Of Tariff Agreement: 20
Maximum Rate (%): 35
Simple Average (%): 12.66
Weighted Average (%): 12.77
Duty Free Imports (US$ Thousand): 1,311,080.52
Duty Free Tariff Lines Share (%): 3.46

Development Indicators

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GDP (current US$): 145,510
GNI per capita, Atlas method (current US$): 4,910.00
Trade Balance (% of GDP): 19.19
Trade Balance (current US$ Mil): 27,923.00
Trade in services (% of GDP): 4.60
Trade (% of GDP): 60.13