Venezuela Trade Summary

2012 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): 95,035
No. Of products: 288
No. Of partners: 49
Importsmore »
Imports (in US$ Mil): 59,073
No. Of products: 4,385
No. Of partners: 175

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...68,912,456.25
Petroleum oils, etc, ...24,656,543.75
Methanol (methyl alc ...367,693.28
Ferrous products obt ...304,529.26
Urea250,583.54
Imports (US$ Thousands)
Other medicaments of ...2,097,830.29
Live bovine animals, ...996,120.90
Transmission apparat ...932,805.52
Prefabricated buildi ...831,514.98
Milk and cream in so ...817,684.05

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified71,610 75.35
Other Asia, nes21,959 23.11
United States527 0.55
Netherlands117 0.12
Chile110 0.12
Exporter Trade (US$ Mil) Partner share(%)
United States14,873 25.18
China10,096 17.09
Brazil5,317 9.00
Colombia2,848 4.82
Mexico2,415 4.09

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials68,922 72.52 5,344 9.05 5.76
Intermediate goods1,346 1.42 15,211 25.75 9.35
Consumer goods24,662 25.95 15,039 25.46 10.80
Capital goods106 0.11 20,928 35.43 7.57

Trade Indicators

more »
HH Market concentration index: 0.25
Index of export market penetration: 2.51
World Growth: 0.03
Country Growth: 2.18

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): 8,049,597.43
Duty Free Tariff Lines Share (%): 12.78

Development Indicators

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GDP (current US$ Mil): 381,286
GNI per capita, Atlas method (current US$): 12,480.00
Trade Balance (% of GDP): 1.94
Trade Balance (current US$ Mil): 7,391.00
Trade in services (% of GDP): 5.66
Trade (% of GDP): 50.40