Venezuela Trade Summary

2008 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): 83,478
No. Of products: 2,511
No. Of partners: 132
Importsmore »
Imports (in US$ Mil): 47,450
No. Of products: 4,417
No. Of partners: 170

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...61,005,632.80
Petroleum oils, etc, ...16,856,367.20
Ferrous products obt ...658,583.99
Non-agglomerated iro ...509,649.78
Aluminium unwrought, ...467,418.09
Imports (US$ Thousands)
Transmission apparat ...1,884,651.99
Other medicaments of ...986,172.32
Automobiles with rec ...850,006.87
Milk and cream in so ...683,687.71
Fresh or chilled bov ...573,765.09

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified28,795 34.49
United States26,751 32.05
Netherlands Antilles13,198 15.81
Other Asia, nes2,631 3.15
Brazil1,808 2.17
Exporter Trade (US$ Mil) Partner share(%)
United States12,651 26.66
Colombia6,903 14.55
China4,528 9.54
Brazil4,276 9.01
Mexico2,203 4.64

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials61,883 74.13 4,103 8.65 5.95
Intermediate goods3,802 4.55 11,578 24.40 9.90
Consumer goods17,287 20.71 14,317 30.17 12.24
Capital goods506 0.61 17,125 36.09 8.25

Trade Indicators

more »
HH Market concentration index: 0.36
Index of export market penetration: 2.87
World Growth: 7.47
Country Growth: 18.06

Tariffs

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No Of Tariff Agreement: 50
Maximum Rate (%): 40
Simple Average (%): 12.24
Weighted Average (%): 9.62
Duty Free Imports (US$ Thousand): 11,333,446.54
Duty Free Tariff Lines Share (%): 11.77

Development Indicators

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GDP (current US$ Mil): 315,953
GNI per capita, Atlas method (current US$): 9,230.00
Trade Balance (% of GDP): 9.81
Trade Balance (current US$ Mil): 31,009.00
Trade in services (% of GDP): 4.89
Trade (% of GDP): 51.83