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Venezuela Trade Summary

2009

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 2009

Overall Exports and Imports for Venezuela 2009

Exports and imports of Venezuela in 2009 are below, along with number of countries and products

  • The total value of exports (FoB) was 56,583 million.
  • The total value of imports (CIF) was 38,677 million.
  • At the HS6 digit level, 1,791 products were exported to 121 countries and 4,402 products were imported from 175 countries.

Venezuela top 5 Export and Import partners 2009

Top five countries to which Venezuela exported in 2009 are below, along with the percent of total exports that went to that country:

  1. Venezuela exports to Unspecified worth US$ 51,638 million, with a partner share of 91.26 percent.
  2. Venezuela exports to Other Asia, nes worth US$ 2,573 million, with a partner share of 4.55 percent.
  3. Venezuela exports to United States worth US$ 491 million, with a partner share of 0.87 percent.
  4. Venezuela exports to Colombia worth US$ 424 million, with a partner share of 0.75 percent.
  5. Venezuela exports to China worth US$ 304 million, with a partner share of 0.54 percent.

Top five countries from which Venezuela imported goods in 2009 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from United States worth US$ 10,545 million, with a partner share of 27.27 percent.
  2. Venezuela imports from Colombia worth US$ 4,418 million, with a partner share of 11.42 percent.
  3. Venezuela imports from China worth US$ 4,034 million, with a partner share of 10.43 percent.
  4. Venezuela imports from Brazil worth US$ 3,396 million, with a partner share of 8.78 percent.
  5. Venezuela imports from Mexico worth US$ 1,461 million, with a partner share of 3.78 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 2009

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

  1. Venezuela exported Petroleum oils and oils obtained from bituminou , worth 35,844,021.27 (US$ Thousands).
  2. Venezuela exported Petroleum oils, etc, (excl. crude); preparation , worth 18,356,978.73 (US$ Thousands).
  3. Venezuela exported Ferrous products obtained by direct reduction o , worth 293,533.49 (US$ Thousands).
  4. Venezuela exported Aluminium unwrought, not alloyed , worth 262,149.61 (US$ Thousands).
  5. Venezuela exported Non-agglomerated iron ores and concentrates , worth 163,878.47 (US$ Thousands).

The top five imported HS 6 digit level products from world by Venezuela along with trade value are

  1. Venezuela imported Other medicaments of mixed or unmixed products, , worth 1,325,473.88 (US$ Thousands).
  2. Venezuela imported Transmission apparatus, for radioteleph incorpo , worth 1,158,186.26 (US$ Thousands).
  3. Venezuela imported Live bovine animals, other than pure-bred breed , worth 595,846.39 (US$ Thousands).
  4. Venezuela imported Naphthalene , worth 541,486.90 (US$ Thousands).
  5. Venezuela imported Aromatic hydrocarbon mixtures which >=65% disti , worth 494,636.89 (US$ Thousands).

Exports and Imports of Product Groups 2009

Exports and imports of products by stages of processing in 2009 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2009

Tariffs imposed by Venezuela in 2009 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 12.21 percent.
  • The trade weighted average tariff was 9.09 .
  • The total duty free imports in thousands of US dollars were 8,217,967.61 and duty free tariff line items share was 12.28 percent.

Development Indicators 2009

Key Development Indicators of Venezuela in 2009 are below

  • Venezuela GDP in current US dollar was 329,788 million.
  • GNI per capita, Atlas method (current US$) was 10,270.00 .
  • Venezuela Trade balance: as % of GDP was -2.38.
  • Trade balance in current US$ was -7,842.00 million.
  • Trade as percentage of GDP was 38.52 .
  • Trade in services as percentage of GDP was 4.70 .

Trade Indicators 2009

Trade Indicators for Venezuela in 2009 are below

  • Hirschman Herfindahl market concentration index was 0.32.
  • Index of export market penetration was 2.79.
  • World Growth in percentage was -12.22 and Venezuela Country Growth was -24.18 .