Venezuela Trade Summary

2006 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): 61,385
No. Of products: 2,109
No. Of partners: 102
Importsmore »
Imports (in US$ Mil): 30,559
No. Of products: 4,345
No. Of partners: 135

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...56,228,508.84
Ferrous products obt ...674,045.44
Aluminium unwrought, ...623,325.62
Aluminium unwrought, ...281,374.87
Petroleum oils, etc, ...208,907.01
Imports (US$ Thousands)
Transmission apparat ...1,299,560.16
Automobiles with rec ...1,104,415.34
Automobiles with rec ...548,400.93
Other medicaments of ...455,324.69
Gas powered trucks w ...380,121.02

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
United States31,269 50.94
Unspecified12,069 19.66
Netherlands Antilles3,517 5.73
Other Asia, nes2,242 3.65
Spain1,914 3.12
Exporter Trade (US$ Mil) Partner share(%)
United States7,393 24.19
Unspecified6,159 20.15
Brazil2,457 8.04
Colombia2,421 7.92
China1,652 5.41

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials56,490 92.02 983 3.22 6.09
Intermediate goods3,945 6.43 5,150 16.85 7.42
Consumer goods528 0.86 8,097 26.50 15.98
Capital goods423 0.69 10,173 33.29 8.36

Trade Indicators

more »
HH Market concentration index: 0.43
Index of export market penetration: 3.24
World Growth: 7.53
Country Growth: 6.95

Tariffs

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No Of Tariff Agreement: 21
Maximum Rate (%): 35
Simple Average (%): 12.32
Weighted Average (%): 10.60
Duty Free Imports (US$ Thousand): 4,941,107.35
Duty Free Tariff Lines Share (%): 10.99

Development Indicators

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GDP (current US$): 183,478
GNI per capita, Atlas method (current US$): 6,040.00
Trade Balance (% of GDP): 14.37
Trade Balance (current US$ Mil): 26,369.00
Trade in services (% of GDP): 4.11
Trade (% of GDP): 58.67