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Venezuela Trade

Latest trade data available from various sources.

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

Year
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.

TRADE SUMMARY FOR Venezuela

Overall Exports and Imports for Venezuela 2013

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

Top 5 Products exports 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:

  • Venezuela exported Petroleum oils and oils obtained from bituminou , worth 74,850,619.35 (US$ Thousands).
  • Venezuela exported Petroleum oils, etc, (excl. crude); preparation , worth 11,010,380.65 (US$ Thousands).
  • Venezuela exported Methanol (methyl alcohol) , worth 547,421.24 (US$ Thousands).
  • Venezuela exported Non-agglomerated iron ores and concentrates , worth 241,181.63 (US$ Thousands).
  • 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

  • Venezuela imported Other medicaments of mixed or unmixed products, , worth 1,829,373.09 (US$ Thousands).
  • Venezuela imported Frozen boneless bovine meat , worth 863,449.78 (US$ Thousands).
  • Venezuela imported Oil-cake and other solid residues, of soya-bean , worth 747,184.76 (US$ Thousands).
  • Venezuela imported Maize (excl. seed) , worth 744,108.79 (US$ Thousands).
  • Venezuela imported Structures and parts of structures,i or s , worth 709,573.45 (US$ Thousands).

Venezuela top 5 Export and Import partners 2013

The top five countries to which Venezuela exported 2013 along with the partner share in percentage are:

  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.

The top five countries to which Venezuela imported goods 2013 along with the share in percentage are

  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 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.


Tariff and Trade Barriers

Tariffs 2013

Tariffs imposed by Venezuela in 2013 are below.

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

Overall Trade Restrictiveness Index (OTRI) 2009

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year 2009 is 0.14.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year 2009 is 0.21.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is 39.
  • No Of NTM Affected Products (HS 6 Digit) is 3,973.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Venezuela World Development Indicators (WDI) 2022

Key Development Indicators of Venezuela in 2022 are below

WDI

Venezuela Doing Business 2019

  • The ease of doing business rank for Venezuela is 188.
  • The trade across border rank is 188.
Doing Business

Venezuela Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

VenezuelaLogistics Performance Index (LPI) 2016

  • The LPI score for Venezuela in 2016 is 2.39.
  • The LPI rank is 122.
LPI

Venezuela Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Venezuela is 35.
SPRD