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Venezuela Trade Summary

2013

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 2013

Overall Exports and Imports for Venezuela 2013

Exports and imports of Venezuela in 2013 are below, along with number of countries and products

  • The total value of exports (FoB) was 87,961 million.
  • The total value of imports (CIF) was 44,952 million.
  • At the HS6 digit level, 1,628 products were exported to 80 countries and 4,210 products were imported from 170 countries.

Venezuela top 5 Export and Import partners 2013

Top five countries to which Venezuela exported in 2013 are below, along with the percent of total exports that went to that country:

  1. Venezuela exports to Unspecified worth US$ 57,807 million, with a partner share of 65.72 percent.
  2. Venezuela exports to Other Asia, nes worth US$ 28,056 million, with a partner share of 31.90 percent.
  3. Venezuela exports to United States worth US$ 550 million, with a partner share of 0.63 percent.
  4. Venezuela exports to China worth US$ 254 million, with a partner share of 0.29 percent.
  5. Venezuela exports to Colombia worth US$ 236 million, with a partner share of 0.27 percent.

Top five countries from which Venezuela imported goods in 2013 are below, along with percent of total imports that came from the country :

  1. Venezuela imports from United States worth US$ 10,488 million, with a partner share of 23.33 percent.
  2. Venezuela imports from China worth US$ 7,645 million, with a partner share of 17.01 percent.
  3. Venezuela imports from Brazil worth US$ 4,503 million, with a partner share of 10.02 percent.
  4. Venezuela imports from Colombia worth US$ 2,258 million, with a partner share of 5.02 percent.
  5. Venezuela imports from Mexico worth US$ 2,232 million, with a partner share of 4.97 percent.

Venezuela Top 5 Productsexports imports at HS 6 digit level 2013

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 74,850,619.35 (US$ Thousands).
  2. Venezuela exported Petroleum oils, etc, (excl. crude); preparation , worth 11,010,380.65 (US$ Thousands).
  3. Venezuela exported Methanol (methyl alcohol) , worth 547,421.24 (US$ Thousands).
  4. Venezuela exported Non-agglomerated iron ores and concentrates , worth 241,181.63 (US$ Thousands).
  5. Venezuela exported Ferrous products obtained by direct reduction o , worth 202,688.65 (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 1,829,373.09 (US$ Thousands).
  2. Venezuela imported Frozen boneless bovine meat , worth 863,449.78 (US$ Thousands).
  3. Venezuela imported Oil-cake and other solid residues, of soya-bean , worth 747,184.76 (US$ Thousands).
  4. Venezuela imported Maize (excl. seed) , worth 744,108.79 (US$ Thousands).
  5. Venezuela imported Structures and parts of structures,i or s , worth 709,573.45 (US$ Thousands).

Exports and Imports of Product Groups 2013

Exports and imports of products by stages of processing in 2013 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2013

Tariffs imposed by Venezuela in 2013 are below

  • The maximum rate of tariff in percentage on any product was 40 percent.
  • The simple average tariff across all products was 11.65 percent.
  • The trade weighted average tariff was 8.42 .
  • The total duty free imports in thousands of US dollars were 8,532,281.50 and duty free tariff line items share was 13.54 percent.

Development Indicators 2013

Key Development Indicators of Venezuela in 2013 are below

  • Venezuela GDP in current US dollar was 371,005 million.
  • GNI per capita, Atlas method (current US$) was 11,950.00 .
  • Venezuela Trade balance: as % of GDP was -4.75.
  • Trade balance in current US$ was -17,615.00 million.
  • Trade as percentage of GDP was 54.28 .
  • Trade in services as percentage of GDP was 5.80 .

Trade Indicators 2013

Trade Indicators for Venezuela in 2013 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 2.54.
  • World Growth in percentage was 1.19 and Venezuela Country Growth was -4.27 .