Venezuela Trade Summary

2011 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): 91,094
No. Of products: 1,719
No. Of partners: 112
Importsmore »
Imports (in US$ Mil): 48,726
No. Of products: 4,346
No. Of partners: 176

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...60,913,163.70
Ferrous products obt ...447,613.89
Non-agglomerated iro ...420,894.49
Bituminous coal, not ...225,672.73
Flat rlld prod, i/na ...158,229.52
Imports (US$ Thousands)
Other medicaments of ...1,696,998.27
Transmission apparat ...955,270.15
Warships, lifeboats, ...706,604.50
Milk and cream in so ...651,350.35
Live bovine animals, ...603,151.49

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified75,462 82.84
Other Asia, nes12,671 13.91
China492 0.54
United States478 0.53
Colombia406 0.45
Exporter Trade (US$ Mil) Partner share(%)
United States12,779 26.23
China6,497 13.33
Brazil4,606 9.45
Mexico1,821 3.74
Panama1,778 3.65

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials61,771 67.81 3,733 7.66 6.13
Intermediate goods1,864 2.05 12,561 25.78 9.12
Consumer goods128 0.14 12,523 25.70 10.90
Capital goods113 0.12 17,751 36.43 7.60

Trade Indicators

more »
HH Market concentration index: 0.31
Index of export market penetration: 2.60
World Growth: 9.30
Country Growth: 14.08

Tariffs

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No Of Tariff Agreement: 51
Maximum Rate (%): 40
Simple Average (%): 11.83
Weighted Average (%): 8.59
Duty Free Imports (US$ Thousand): 7,090,394.45
Duty Free Tariff Lines Share (%): 12.22

Development Indicators

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GDP (current US$ Mil): 316,482
GNI per capita, Atlas method (current US$): 11,740.00
Trade Balance (% of GDP): 10.25
Trade Balance (current US$ Mil): 32,433.00
Trade in services (% of GDP): 5.94
Trade (% of GDP): 49.64