Venezuela Trade Summary

2013 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): 87,961
No. Of products: 1,628
No. Of partners: 80
Importsmore »
Imports (in US$ Mil): 44,952
No. Of products: 4,210
No. Of partners: 170

Top 5 Products exports imports at HS 6 digit level

Exports (US$ Thousands)  
Petroleum oils and o ...74,850,619.35
Petroleum oils, etc, ...11,010,380.65
Methanol (methyl alc ...547,421.24
Non-agglomerated iro ...241,181.63
Ferrous products obt ...202,688.65
Imports (US$ Thousands)
Other medicaments of ...1,829,373.09
Frozen boneless bovi ...863,449.78
Oil-cake and other s ...747,184.76
Maize (excl. seed)744,108.79
Structures and parts ...709,573.45

Top 5 Export and Import partners

Market Trade (US$ Mil) Partner share(%)
Unspecified57,807 65.72
Other Asia, nes28,056 31.90
United States550 0.63
China254 0.29
Colombia236 0.27
Exporter Trade (US$ Mil) Partner share(%)
United States10,488 23.33
China7,645 17.01
Brazil4,503 10.02
Colombia2,258 5.02
Mexico2,232 4.97

Exports and Imports of Product Groups

Product Categories Exports Imports
Export(US$ Mil) Product share(%) Import(US$ Mil) Prod share(%) Weighted Average (%)
Raw materials75,181 85.47 3,973 8.84 5.42
Intermediate goods1,495 1.70 12,247 27.25 9.15
Consumer goods11,094 12.61 11,469 25.51 10.56
Capital goods174 0.20 13,621 30.30 7.47

Trade Indicators

more »
HH Market concentration index: 0.24
Index of export market penetration: 2.54
World Growth: 1.19
Country Growth: -4.27

Tariffs

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No Of Tariff Agreement: 53
Maximum Rate (%): 40
Simple Average (%): 11.65
Weighted Average (%): 8.42
Duty Free Imports (US$ Thousand): 8,532,281.50
Duty Free Tariff Lines Share (%): 13.54

Development Indicators

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GDP (current US$): 371,005
GNI per capita, Atlas method (current US$): 11,950.00
Trade Balance (% of GDP): -4.75
Trade Balance (current US$ Mil): -17,615.00
Trade in services (% of GDP): 5.80
Trade (% of GDP): 54.28