Industrial property Agricultural products Transport Nonagricultural products Other commercial services Travel Merchandise trade Trade in commercial services
Trade Profiles 2022
Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of MERCHANDISE TRADE
Agricultural Products
Non-Agricultural Products
GDP (million current US$, 2021) 46 501 Rank in world trade, 2021 Exports Imports GDP per capita (US$, 2019-2021) 1 892 Merchandise 128 115 Current account balance (% GDP, 2021) -1.4 excluding intra-EU trade 103 90 Trade per capita (US$, 2019-2021) na Commercial services 142 84 Trade (% GDP, 2019-2021) na excluding intra-EU trade 116 59 Value Million US$ 2021 3 575 7 770 2021 2021 0.02 0.03 Breakdown in economy's total exports Breakdown in economy's total imports Value Value Top exported products (Million US$) 2013 Top imported products (Million US$) 2013 HS4101 Raw hides and skins of bovine 13 HS0202 Meat of bovine animals, frozen 865 HS2203 Beer made from malt 6 HS1005 Maize (corn) 792 HS1801 Cocoa beans, whole or broken 5 HS2304 Solid residues from soya-bean oil 747 HS2208 Alcohol of less than 80% volume 5 HS0402 Milk and cream, concentrated 729 HS1515 Other fixed vegetable fats and oils 5 HS0102 Live bovine animals 634 Share in economy's trade in agricultural products Value Million US$ 2013 2010-2013 2012 2013 Exports 47 -24 -99 9731 Imports 9 544 24 20 4 Value Value Top exported products (Million US$) 2013 Top imported products (Million US$) 2013 HS2709 Petroleum oils, crude 74 851 HS3004 Medicaments in measured doses 2 566 HS2710 Petroleum oils, other than crude 11 010 HS7304 Tubes, pipes, of iron or steel 919 HS2905 Acyclic alcohols, their derivatives 597 HS7308 Structures of iron and steel 757 HS2601 Iron ores and concentrates 262 HS8525 Radio-telephony transmission tools 724 HS7203 Ferrous products 205 HS8413 Pumps for liquids, liquid elevators 655 Share in economy's trade in non-agricultural products Value Million US$ 2013 2010-2013 2012 2013 Exports 87 914 10 4 -7 Imports 34 231 8 22 -28
Merchandise exports, f.o.b. -23 -71 -29 Merchandise imports, c.i.f. Annual percentage change 2010-2021 2020 2021 -14 12 18 Share in world total imports (%) By main commodity group, % (2020) Share in world total exports (%) By main commodity group, % (2020) By main destination, % (2013) By main origin, % (2013) Annual percentage change Annual percentage change 0% 50% 100% HS2709 HS2710 HS2905 HS2601 HS7203 Exports 0% 5% 10% HS3004 HS7304 HS7308 HS8525 HS8413 Imports 0% 5% 10% HS0202 HS1005 HS2304 HS0402 HS0102 Imports 0% 20% 40% HS4101 HS2203 HS1801 HS2208 HS1515 Exports Agricultural products: 0.6 Fuels and mining products: 77.3 Manufactures: 6.9 Other: 15.2 Agricultural products: 28 Fuels and mining products: 14.3 Manufactures: 49.1 Other: 8.6 United States of America: 0.6 European Union: 0.5 China: 0.3 Colombia: 0.3 Brazil: 0.2 Other: 98.1 United States of America: 23.3 China: 17 European Union: 12.9 Brazil: 10 Colombia: 5 Other: 31.8
390 World Trade Organization – Trade Profiles 2022
TRADE
Venezuela, Bolivarian Republic of
Value Million US$ 2018 772 6 884 2018 2018 0.01 0.12 Breakdown in economy's total exports Breakdown in economy's total imports Value FATS sales 2021 Inward (million US$) na Outward (million US$) na Value Million US$ 2021 Exports 239 Imports 1 423 Exports Value Imports Value Share (%) By sea (2021) 161 By sea (2021) 679 47.7 By air (2021) 57 By air (2021) 708 49.8 By other (2013) 0 By other (2021) 5 0.4 Value Million US$ 2019 Exports 308 Imports 1 077 Million US$ Value 2021 Other commercial services Exports 72 Imports 2 422 2016 Goods-related services Exports 4 Imports 32 Residents Total Residents Total Residents Total na na 207 7 773 na 7 773 26 na 26 Non-residents Non-residents Non-residents Other Commercial Services and Goods-related Services 2020 -60 58 Annual percentage change 2010-2021 2021 2010-2016 2015 2016 0 0 -9 Exports of OCS by main item (2021) Patent applications, 2020 Trademark applications, 2020 Industrial design applications, 2020 Transport Annual percentage change 2010-2021 2020 2021 -8 -60 -10 -7 na na na na INDUSTRIAL PROPERTY 0 0 0 -2 -9 -9 By main services item, % (2016) By main destination Share in world total exports (%) Share in world total imports (%) Annual percentage change -27 -15 -8 2010-2018 2017 -4 Commercial services exports Commercial services imports -9 2018
IN COMMERCIAL SERVICES Share (%) 67.2 23.6 0.0 na na -21 na na na 2010-2021 2020 2021 Annual percentage change By main services item, % (2016) By main origin Travel exports (Index 2010=100) na 0 2018 Travel 2019 2010-2019 Transport exports (Index 2010=100) 58 -10 -9 -2 Annual percentage change 0 100 200 2010 2014 2018 2021 Venezuela World 0 100 200 2010 2014 2018 2021 Venezuela World Transport: 47.3 Travel: 38.1 Other commercial services: 14.3 Goods-related services: 0.3 Transport: 29.5 Travel: 20 Other commercial services: 50.2 Goods-related services: 0.4 50.3 36.2 9.0 4.5 Other business services ICTs Financial services Other
391 World Trade Organization – Trade Profiles 2022