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Venezuela Trade Summary

2007

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 2007

Overall Exports and Imports for Venezuela 2007

Exports and imports of Venezuela in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was not available.
  • The total value of imports (CIF) was 41,911 million.
  • At the HS6 digit level, not available products were exported to not available countries and 4,355 products were imported from 153 countries.

Venezuela top 5 Export and Import partners 2007

Top five countries to which Venezuela exported in 2007 are below, along with the percent of total exports that went to that country:

Top five countries from which Venezuela imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from Unspecified worth US$ 11,023 million, with a partner share of 26.30 percent.
  2. Venezuela imports from United States worth US$ 8,462 million, with a partner share of 20.19 percent.
  3. Venezuela imports from Colombia worth US$ 3,729 million, with a partner share of 8.90 percent.
  4. Venezuela imports from Brazil worth US$ 3,003 million, with a partner share of 7.17 percent.
  5. Venezuela imports from China worth US$ 2,076 million, with a partner share of 4.95 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 2007

The top five exported HS 6 digit level products to world by Venezuela along with trade value are:

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 1,818,696.17 (US$ Thousands).
  2. Venezuela imported Transmission apparatus, for radioteleph incorpo , worth 1,267,142.50 (US$ Thousands).
  3. Venezuela imported Automobiles with reciprocating piston engine di , worth 670,551.60 (US$ Thousands).
  4. Venezuela imported Gas powered trucks with a GVW not exceeding fiv , worth 624,912.02 (US$ Thousands).
  5. Venezuela imported Other medicaments of mixed or unmixed products, , worth 606,380.05 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Venezuela in 2007 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 11.83 percent.
  • The trade weighted average tariff was 11.10 .
  • The total duty free imports in thousands of US dollars were 6,207,594.48 and duty free tariff line items share was 12.37 percent.

Development Indicators 2007

Key Development Indicators of Venezuela in 2007 are below

  • Venezuela GDP in current US dollar was 230,364 million.
  • GNI per capita, Atlas method (current US$) was 7,550.00 .
  • Venezuela Trade balance: as % of GDP was 6.06.
  • Trade balance in current US$ was 13,965.00 million.
  • Trade as percentage of GDP was 56.20 .
  • Trade in services as percentage of GDP was 5.59 .

Trade Indicators 2007

Trade Indicators for Venezuela in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.41.
  • Index of export market penetration was 3.10.
  • World Growth in percentage was 183.19 and Venezuela Country Growth was 4.05 .