The statistic shows the value of goods exported from Venezuela from 2013 to 2023. In 2023, goods with a value of around 7.78 billion U.S. dollars were exported from Venezuela.

This page displays a table with Venezuela Exports By Category in U.S. dollars, according to the United Nations COMTRADE database on international trade.

Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.

In 2023, exports of crude oil from Venezuela averaged around 550 thousand barrels per day. The country's oil exports have been annually decreasing since 2015 as a result of a combination of poor governance and U.S. sanctions following political turmoil. This is also reflected in Venezuela's crude oil production, which dropped by some 75 percent in the same time span.

Key information about Venezuela Crude Oil: Exports

• Venezuela Crude Oil: Exports was reported at 550.168 Barrel/Day th in Dec 2023
• This records an increase from the previous number of 438.173 Barrel/Day th for Dec 2022
• Venezuela Crude Oil: Exports data is updated yearly, averaging 1,546.840 Barrel/Day th from Dec 1980 to 2023, with 44 observations
• The data reached an all-time high of 2,243.900 Barrel/Day th in 1998 and a record low of 438.173 Barrel/Day th in 2022
• Venezuela Crude Oil: Exports data remains active status in CEIC and is reported by Organization of the Petroleum Exporting Countries
• The data is categorized under World Trend Plus’s Association: Energy Sector – Table RB.OPEC.CO: Crude Oil Exports

Crude oil and refined petroleum products accounted for less than 12 percent of Venezuela's total export value in 2022. The oil industry used to play a primary role in the country's trade market, however because of sanctions and political instability, the role of the oil industry decreased since then. The highest contribution of the period was reported in 2013, at nearly 96 percent.

In 2023, Asia (excl China) was the main region of destination for Venezuelan crude oil exports, with an average of 248 thousand barrels per day. This represented 45 percent of the South American country's oil exports that year. Meanwhile, exports to Latin America amounted to some 28 thousand barrels per day. The United States was once amongst the leading destinations for Venezuelan oil, but exports dropped drastically following sanctions imposed by the U.S. government in 2018.

Venezuela Exports: OP: Subsidiaries data was reported at 371.000 Barrel/Day th in 2016. This records a decrease from the previous number of 475.000 Barrel/Day th for 2015. Venezuela Exports: OP: Subsidiaries data is updated yearly, averaging 508.000 Barrel/Day th from Dec 2006 (Median) to 2016, with 11 observations. The data reached an all-time high of 698.000 Barrel/Day th in 2006 and a record low of 371.000 Barrel/Day th in 2016. Venezuela Exports: OP: Subsidiaries data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB008: Energy Overview: Petroleum Exports. PDVSA is a state owned corporation established in 1975 that controls the nationalized oil industry of Venezuela. Its activities include exploration, production, refining, transport and commerce of hydrocarbons. Th Barrel/Day means the average export volume per day. To calculate the annual figure, multiply the data by 365 days. However, please take note that no products are being exported during Saturdays, Sundays and Public Holiday in Venezuela.

Brazil Exports to Venezuela was US$1.2 Billion during 2024, according to the United Nations COMTRADE database on international trade. Brazil Exports to Venezuela - data, historical chart and statistics - was last updated on March of 2025.

Venezuela Exports: Petroleum Products: Commerchamp data was reported at 8.000 Barrel/Day th in 2015. This records a decrease from the previous number of 9.000 Barrel/Day th for 2014. Venezuela Exports: Petroleum Products: Commerchamp data is updated yearly, averaging 12.000 Barrel/Day th from Dec 2006 (Median) to 2015, with 10 observations. The data reached an all-time high of 16.000 Barrel/Day th in 2006 and a record low of 8.000 Barrel/Day th in 2015. Venezuela Exports: Petroleum Products: Commerchamp data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB008: Energy Overview: Petroleum Exports. PDVSA is a state owned corporation established in 1975 that controls the nationalized oil industry of Venezuela. Its activities include exploration, production, refining, transport and commerce of hydrocarbons. Th Barrel/Day means the average export volume per day. To calculate the annual figure, multiply the data by 365 days. However, please take note that no products are being exported during Saturdays, Sundays and Public Holiday in Venezuela.

The annual change in the volume of exports of goods and services in Venezuela was forecast to continuously decrease between 2024 and 2025 by in total 10.4 percentage points. According to this forecast, in 2025, the annual change will have decreased for the third consecutive year to 0.61 percent. This indicator describes the change in the volume of exports of goods. The nature of goods involved and their prices have been held constant, so that the change (expressed in percent) refers solely to change in their quantity.Find more key insights for the annual change in the volume of exports of goods and services in countries like Colombia, Guyana, and Suriname.

Venezuela VE: Exports: fob: Emerging and Developing Economies: Middle East data was reported at 4.019 USD bn in Jun 2018. This records an increase from the previous number of 3.753 USD bn for Mar 2018. Venezuela VE: Exports: fob: Emerging and Developing Economies: Middle East data is updated quarterly, averaging 4.362 USD mn from Mar 1960 (Median) to Jun 2018, with 153 observations. The data reached an all-time high of 4.019 USD bn in Jun 2018 and a record low of 0.030 USD mn in Mar 1994. Venezuela VE: Exports: fob: Emerging and Developing Economies: Middle East data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Venezuela – Table VE.IMF.DOT: Exports: fob: by Country: Quarterly.

Italy Exports to Venezuela was US$193.72 Million during 2024, according to the United Nations COMTRADE database on international trade. Italy Exports to Venezuela - data, historical chart and statistics - was last updated on March of 2025.

This statistic shows the most important export partner countries for Venezuela in 2022. In 2022, the most important export partner of Venezuela was China with a share of 16 percent in exports.

Chevron is poised to elevate Venezuelan oil exports to a seven-year high, driven by improved U.S.-Venezuela relations and infrastructure upgrades. This move marks a significant economic boost for Venezuela amidst changing diplomatic ties.

Venezuela VE: High-Technology Exports data was reported at 18.093 USD mn in 2013. This records an increase from the previous number of 0.015 USD mn for 2012. Venezuela VE: High-Technology Exports data is updated yearly, averaging 73.688 USD mn from Dec 1990 (Median) to 2013, with 23 observations. The data reached an all-time high of 145.232 USD mn in 2010 and a record low of 0.015 USD mn in 2012. Venezuela VE: High-Technology Exports data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Technology. High-technology exports are products with high R&D intensity, such as in aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery. Data are in current U.S. dollars.; ; United Nations, Comtrade database through the WITS platform.; Sum;

Venezuela Exports of articles of apparel, knit or crocheted to United States was US$1.08 Thousand during 2013, according to the United Nations COMTRADE database on international trade. Venezuela Exports of articles of apparel, knit or crocheted to United States - data, historical chart and statistics - was last updated on March of 2025.

In 2018, Venezuelan exports in the petroleum sector amounted to more than 29.8 billion U.S. dollars, down from 31.5 billion dollars a year earlier. In the period of consideration, Venezuela's petroleum industry exports peaked in 2012, at nearly 94 billion dollars.

Venezuela VE: Exports: % of Commercial Service Exports: Services: Computer, Communication & Other Services data was reported at 13.124 % in 2016. This records a decrease from the previous number of 14.286 % for 2015. Venezuela VE: Exports: % of Commercial Service Exports: Services: Computer, Communication & Other Services data is updated yearly, averaging 11.166 % from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 23.280 % in 2000 and a record low of 0.671 % in 1972. Venezuela VE: Exports: % of Commercial Service Exports: Services: Computer, Communication & Other Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Venezuela – Table VE.World Bank: Exports. Computer, communications and other services (% of commercial service exports) include such activities as international telecommunications, and postal and courier services; computer data; news-related service transactions between residents and nonresidents; construction services; royalties and license fees; miscellaneous business, professional, and technical services; and personal, cultural, and recreational services.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Weighted Average;

Venezuela Exports: Petroleum Products: CVP data was reported at 361.000 Barrel/Day th in 2015. This records a decrease from the previous number of 386.000 Barrel/Day th for 2014. Venezuela Exports: Petroleum Products: CVP data is updated yearly, averaging 361.000 Barrel/Day th from Dec 2006 (Median) to 2015, with 10 observations. The data reached an all-time high of 389.000 Barrel/Day th in 2011 and a record low of 0.000 Barrel/Day th in 2007. Venezuela Exports: Petroleum Products: CVP data remains active status in CEIC and is reported by Petroleos de Venezuela S.A.. The data is categorized under Global Database’s Venezuela – Table VE.RB008: Energy Overview: Petroleum Exports. PDVSA is a state owned corporation established in 1975 that controls the nationalized oil industry of Venezuela. Its activities include exploration, production, refining, transport and commerce of hydrocarbons. Th Barrel/Day means the average export volume per day. To calculate the annual figure, multiply the data by 365 days. However, please take note that no products are being exported during Saturdays, Sundays and Public Holiday in Venezuela.