Loading..

Venezuela Trade Summary

2011

Venezuela exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2011

Overall Exports and Imports for Venezuela 2011

Exports and imports of Venezuela in 2011 are below, along with number of countries and products

  • The total value of exports (FoB) was 91,094 million.
  • The total value of imports (CIF) was 48,726 million.
  • At the HS6 digit level, 1,719 products were exported to 112 countries and 4,346 products were imported from 176 countries.

Venezuela top 5 Export and Import partners 2011

Top five countries to which Venezuela exported in 2011 are below, along with the percent of total exports that went to that country:

  1. Venezuela exports to Unspecified worth US$ 75,462 million, with a partner share of 82.84 percent.
  2. Venezuela exports to Other Asia, nes worth US$ 12,671 million, with a partner share of 13.91 percent.
  3. Venezuela exports to China worth US$ 492 million, with a partner share of 0.54 percent.
  4. Venezuela exports to United States worth US$ 478 million, with a partner share of 0.53 percent.
  5. Venezuela exports to Colombia worth US$ 406 million, with a partner share of 0.45 percent.

Top five countries from which Venezuela imported goods in 2011 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from United States worth US$ 12,779 million, with a partner share of 26.23 percent.
  2. Venezuela imports from China worth US$ 6,497 million, with a partner share of 13.33 percent.
  3. Venezuela imports from Brazil worth US$ 4,606 million, with a partner share of 9.45 percent.
  4. Venezuela imports from Mexico worth US$ 1,821 million, with a partner share of 3.74 percent.
  5. Venezuela imports from Panama worth US$ 1,778 million, with a partner share of 3.65 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 2011

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 60,913,163.70 (US$ Thousands).
  2. Venezuela exported Ferrous products obtained by direct reduction o , worth 447,613.89 (US$ Thousands).
  3. Venezuela exported Non-agglomerated iron ores and concentrates , worth 420,894.49 (US$ Thousands).
  4. Venezuela exported Bituminous coal, not agglomerated , worth 225,672.73 (US$ Thousands).
  5. Venezuela exported Flat rlld prod, i/nas, in coil, hr,=>600mm w, l , worth 158,229.52 (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 1,696,998.27 (US$ Thousands).
  2. Venezuela imported Transmission apparatus, for radioteleph incorpo , worth 955,270.15 (US$ Thousands).
  3. Venezuela imported Warships, lifeboats, hospital ships and vessels , worth 706,604.50 (US$ Thousands).
  4. Venezuela imported Milk and cream in solid forms of >1.5% fat, uns , worth 651,350.35 (US$ Thousands).
  5. Venezuela imported Live bovine animals, other than pure-bred breed , worth 603,151.49 (US$ Thousands).

Exports and Imports of Product Groups 2011

Exports and imports of products by stages of processing in 2011 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2011

Tariffs imposed by Venezuela in 2011 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 8.59 .
  • The total duty free imports in thousands of US dollars were 7,090,394.45 and duty free tariff line items share was 12.22 percent.

Development Indicators 2011

Key Development Indicators of Venezuela in 2011 are below

  • Venezuela GDP in current US dollar was 316,482 million.
  • GNI per capita, Atlas method (current US$) was 11,890.00 .
  • Venezuela Trade balance: as % of GDP was 10.25.
  • Trade balance in current US$ was 32,433.00 million.
  • Trade as percentage of GDP was 49.64 .
  • Trade in services as percentage of GDP was 5.94 .

Trade Indicators 2011

Trade Indicators for Venezuela in 2011 are below

  • Hirschman Herfindahl market concentration index was 0.31.
  • Index of export market penetration was 2.61.
  • World Growth in percentage was 9.23 and Venezuela Country Growth was 14.52 .