Venezuela Trade

Latest trade data available from various sources.

Please note: The data from various sources are not from the same year.

Country / Region
For viewing trade, tariff data for country or region by year 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.



Overall Exports and Imports

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

Trade Indicator

HH Market concentration index0.23
Index of export market penetration2.54
World Growth1.18
Country Growth-4.22

Service Indicators 2021

Service imports (BoP, current US$)...
Service exports (BoP, current US$)...
Imports of goods and services (% of GDP)...
Exports of goods and services (% of GDP)...

Venezuela 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

Venezuela 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

Top 5 Products exports imports at HS 6 digit level

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
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

Tariff and Trade Barriers for Venezuela

Tariffs 2013

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

Overall Trade Restrictiveness Index (OTRI) 2009

Overall Trade Restrictiveness Index - MFN Tariff (2009)0.21
Overall Trade Restrictiveness Index - Applied Tariff (2009)0.14

Services Service Policy Restrictive Database (SPRD)

Services Trade Restrictions Index - Over All35

Non-Tariff Measures (NTM) 2014

No Of NTM Measures (2014)39
No Of NTM Affected Products (HS 6 Digit) (2014)3,973

Temporary Trade Barriers Database (TTDB)

Temporary Trade Barriers in Effect - Simple Average...
Temporary Trade Barriers in Effect - Weighted Average...

World Development Indicators (WDI)

2021 WDI »
GDP (current US$ Mil)...
GNI per capita, Atlas method (current US$)...
Trade Balance (current US$ Mil)...
Trade Balance (% of GDP)...

Doing Business

2019 Doing Business »
Ease of Doing Business Rank188
Trading Across Borders Rank188

Country Policy and Institutional Assessment (CPIA)

CPIA Trade Ratings...

Logistics Performance Index (LPI)

2016 LPI »
LPI Score2.39
LPI Rank122