Trade Trend

In 2024, Venezuela's total import value was $11,633,567,292, ranking 108 globally. Among them: the product with the highest import growth rate is Textiles; worn clothing and other worn articles, with a growth rate of 62514766.67%. The import value of this product in Venezuela accounts for 0.04% of the global share. The product with the largest absolute increase in import value is Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c,......, with a growth rate of 19271.58%. The import value of this product in Venezuela accounts for 0.10% of the global share. In 2024, Venezuela's total export value was $4,763,777,113, ranking 121 globally. Among them: the product with the highest export growth rate is Unused postage, revenue or similar stamps of current or new issue in the country......, with a growth rate of 561251.30%. The export value of this product in Venezuela accounts for 0.03% of the global share. The product with the largest absolute increase in export value is Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated deri......, with a growth rate of 213.16%. The export value of this product in Venezuela accounts for 0.92% of the global share.

In 2024, Venezuela's trade deficit was $6,869,790,179, ranking 51 globally. Compared to 2023, the deficit has increased by $147,972,246. Among them, the product that created the largest trade surplus is Petroleum oils and oils obtained from bituminous minerals; crude, while the product that mainly relied on imports is Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c,.......

In 2024, the largest export trading partner of Venezuela was United States, the three types of products that Venezuela exports the most to this country are Petroleum oils and oils obtained from bituminous minerals; crude、Acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated deri... and Petroleum coke, petroleum bitumen; other residues of petroleum oils or oils obta.... They respectively account for 70.01%,10.78%,21.4% of Venezuela's exports of these three types of products to the world. They also account for 92.23%,1.53%,0.85% of Venezuela's total exports to the United States respectively. In 2024, the largest import trading partner of Venezuela was China，the three types of products that Venezuela imports the most to this country are Individual cross-border e-commerce goods、Motorcycles (including mopeds) and cycles; fitted with an auxiliary motor, with ... and New pneumatic tyres, of rubber. They respectively account for 70.01%,10.78%,21.4% of Venezuela's imports of these three types of products from the world. They also account for 5.16%,3.76%,3.18% of Venezuela's total imports to the China respectively.