This statistic shows the most important export partner countries for Venezuela in 2023. In 2023, the most important export partner of Venezuela was the United States with a share of 50 percent in exports.
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Venezuela's total Exports in 2013 were valued at US$87.96 Billion, according to the United Nations COMTRADE database on international trade. Venezuela's main export partners were: Other Asia, Other Europe and the United States. The top three export commodities were: Mineral fuels, oils, distillation products; Organic chemicals and Iron and steel. Total Imports were valued at US$44.95 Billion. In 2013, Venezuela had a trade surplus of US$43.01 Billion.
Crude oil and refined petroleum products accounted for less than ** 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 ** percent.
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Venezuela Exports of iron and steel was US$303.42 Million during 2013, according to the United Nations COMTRADE database on international trade. Venezuela Exports of iron and steel - data, historical chart and statistics - was last updated on July of 2025.
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<ul style='margin-top:20px;'>
<li>Venezuela trade to gdp ratio for 2013 was <strong>54.28%</strong>, a <strong>3.87% increase</strong> from 2012.</li>
<li>Venezuela trade to gdp ratio for 2012 was <strong>50.40%</strong>, a <strong>0.77% increase</strong> from 2011.</li>
<li>Venezuela trade to gdp ratio for 2011 was <strong>49.64%</strong>, a <strong>3.5% increase</strong> from 2010.</li>
</ul>Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.
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Venezuela VE: BOP: Current Account: Exports: Goods, Services and Primary Income data was reported at 29.291 USD bn in 2016. This records a decrease from the previous number of 39.718 USD bn for 2015. Venezuela VE: BOP: Current Account: Exports: Goods, Services and Primary Income data is updated yearly, averaging 21.609 USD bn from Dec 1970 (Median) to 2016, with 47 observations. The data reached an all-time high of 105.779 USD bn in 2008 and a record low of 2.833 USD bn in 1970. Venezuela VE: BOP: Current Account: Exports: Goods, Services and Primary Income 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: Balance of Payments: Current Account. Exports of goods, services and primary income is the sum of goods exports, service exports and primary income receipts. Data are in current U.S. dollars.; ; International Monetary Fund, Balance of Payments Statistics Yearbook and data files.; Gap-filled total; Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.
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Exports: FOB: Venezuela data was reported at 69.202 USD mn in Mar 2025. This records an increase from the previous number of 48.426 USD mn for Feb 2025. Exports: FOB: Venezuela data is updated monthly, averaging 102.658 USD mn from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 635.373 USD mn in Dec 2013 and a record low of 15.019 USD mn in Feb 2003. Exports: FOB: Venezuela data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
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.
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Brazil Exports: FOB: Venezuela: Others data was reported at 65.181 USD mn in Mar 2025. This records an increase from the previous number of 38.743 USD mn for Feb 2025. Brazil Exports: FOB: Venezuela: Others data is updated monthly, averaging 83.002 USD mn from Jan 1997 (Median) to Mar 2025, with 339 observations. The data reached an all-time high of 411.815 USD mn in Oct 2007 and a record low of 12.885 USD mn in Feb 2003. Brazil Exports: FOB: Venezuela: Others data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
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Key information about Venezuela Crude Oil: Exports
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Brazil Exports: FOB: Venezuela: Drugs for Human and Veterinary Medicine data was reported at 0.278 USD mn in Mar 2025. This records a decrease from the previous number of 0.440 USD mn for Feb 2025. Brazil Exports: FOB: Venezuela: Drugs for Human and Veterinary Medicine data is updated monthly, averaging 1.819 USD mn from Jan 1997 (Median) to Mar 2025, with 338 observations. The data reached an all-time high of 36.789 USD mn in Sep 2014 and a record low of 0.000 USD mn in Mar 2018. Brazil Exports: FOB: Venezuela: Drugs for Human and Veterinary Medicine data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
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Venezuela Energy Balance: Primary: Total Crude: Other: Exports data was reported at -2,550.857 Metric Ton th in Jan 2025. This records an increase from the previous number of -2,980.429 Metric Ton th for Dec 2024. Venezuela Energy Balance: Primary: Total Crude: Other: Exports data is updated monthly, averaging -2,837.143 Metric Ton th from Jan 2009 (Median) to Jan 2025, with 193 observations. The data reached an all-time high of 0.000 Metric Ton th in Dec 2021 and a record low of -8,832.973 Metric Ton th in Dec 2012. Venezuela Energy Balance: Primary: Total Crude: Other: Exports data remains active status in CEIC and is reported by Joint Organisations Data Initiative. The data is categorized under Global Database’s Venezuela – Table VE.JODI.WDB: Energy Balance: Oil. Refinery feedstocks + additives/oxygenates + other hydrocarbons; Goods having physically crossed the national boundaries excluding transit trade, international marine and aviation bunkers. Exports should exclude international marine and aviation bunkers.
In 2019, José Terminal, located in northeastern Venezuela, was by far the most important crude oil loading point in the country, accounting for nearly 90 percent of oil export loadings. Amuay Bay's lightering zone trailed in second, with a five percent share of barrels loaded. That year, Venezuela's crude oil production averaged 920 thousand barrels per day.
The United States was Venezuela's most important export trading partner of printed reading books in 2017, with an export value of 129 thousand U.S. dollars. Peru followed, with a value of 104 thousand dollars.
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Brazil Exports: FOB: Venezuela: Tire data was reported at 0.109 USD mn in Feb 2025. This records an increase from the previous number of 0.101 USD mn for Jan 2025. Brazil Exports: FOB: Venezuela: Tire data is updated monthly, averaging 1.448 USD mn from Jan 1997 (Median) to Feb 2025, with 333 observations. The data reached an all-time high of 30.920 USD mn in Nov 2015 and a record low of 0.001 USD mn in May 2023. Brazil Exports: FOB: Venezuela: Tire data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
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Brazil Exports: FOB: Venezuela: Frozen, Fresh Chicken data was reported at 0.000 USD mn in Jul 2024. This records a decrease from the previous number of 0.135 USD mn for Mar 2024. Brazil Exports: FOB: Venezuela: Frozen, Fresh Chicken data is updated monthly, averaging 11.505 USD mn from Oct 1997 (Median) to Jul 2024, with 220 observations. The data reached an all-time high of 66.264 USD mn in Aug 2008 and a record low of 0.000 USD mn in Jun 2018. Brazil Exports: FOB: Venezuela: Frozen, Fresh Chicken data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
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Statistics illustrates monthly exports of polyacetals in primary forms in Venezuela from January 2019 to June 2025.
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Brazil Exports: FOB: Venezuela: Preparations for Beverage Production data was reported at 2.689 USD mn in Mar 2025. This records a decrease from the previous number of 5.144 USD mn for Feb 2025. Brazil Exports: FOB: Venezuela: Preparations for Beverage Production data is updated monthly, averaging 3.005 USD mn from Feb 1997 (Median) to Mar 2025, with 329 observations. The data reached an all-time high of 30.606 USD mn in Oct 2013 and a record low of 0.000 USD mn in Dec 2016. Brazil Exports: FOB: Venezuela: Preparations for Beverage Production data remains active status in CEIC and is reported by Special Secretariat for Foreign Trade and International Affairs. The data is categorized under Brazil Premium Database’s Foreign Trade – Table BR.JAC001: Exports: Principal Commodities.
Spain was the leading country of destination for car exports from Venezuela in 2020, with exports amounting to 123,200 U.S. dollars. That same year, Venezuelan exports of cars into the United States totaled some 92,700 U.S. dollars.
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This statistic shows the most important export partner countries for Venezuela in 2023. In 2023, the most important export partner of Venezuela was the United States with a share of 50 percent in exports.