Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Venezuela, Bolivarian Republic of Venezuela, Bolivarian Republic of GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
47 255 2 476 -3.5 na na
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
109 85 150 124
Imports
112 87 93 67
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 4 980 6 590
2010-2020 -23 -16
2020 0.03
Share in world total imports (%)
Share in world total exports (%)
2019 -50 -50
2020 -71 12 2020 0.04
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 0.2
Fuels and mining products: 93.9
Agricultural products: 22.9
Fuels and mining products: 17.5
Manufactures: 2.2
Other: 3.7
Manufactures: 53
Other: 6.6
By main destination, % (2013)
United States of America: 0.6 China: 0.3 Brazil: 0.2
By main origin, % (2013)
European Union: 0.5 Colombia: 0.3 Other: 98.1
United States of America: 23.3 European Union: 12.9 Colombia: 5
China: 17 Brazil: 10 Other: 31.8
Agricultural Products Value
Top exported products (Million US$) HS4101 HS2203 HS1801 HS2208 HS1515
2013 . 13 6 5 5 5
Raw hides and skins of bovine Beer made from malt Cocoa beans, whole or broken Alcohol of less than 80% volume Other fixed vegetable fats and oils
Value
Top imported products (Million US$) HS0202 HS1005 HS2304 HS0402 HS0102
2013
Meat of bovine animals, frozen Maize (corn) Solid residues from soya-bean oil Milk and cream, concentrated Live bovine animals
865 792 747 729 634
Share in economy's trade in agricultural products Exports 0%
20%
Imports 40%
0%
HS4101
HS0202
HS2203
HS1005
HS1801
HS2304
HS2208
HS0402
HS1515
HS0102
5%
10%
Million US$ Exports Imports
Value
2013 47 9 544
Annual percentage change
2010-2013 -24 24
2012 -99 20
2013 9731 4
Non-Agricultural Products Value
Top exported products (Million US$) HS2709 HS2710 HS2905 HS2601 HS7203
2013
Petroleum oils, crude Petroleum oils, other than crude Acyclic alcohols, their derivatives Iron ores and concentrates Ferrous products
74 851 11 010 597 262 205
Value
Top imported products (Million US$) HS3004 HS7304 HS7308 HS8525 HS8413
2013
Medicaments in measured doses Tubes, pipes, of iron or steel Structures of iron and steel Radio-telephony transmission tools Pumps for liquids, liquid elevators
2 566 919 757 724 655
Share in economy's trade in non-agricultural products Exports 0%
390
50%
Imports 100%
0%
HS2709
HS3004
HS2710
HS7304
HS2905
HS7308
HS2601
HS8525
HS7203
HS8413
5%
10%
Million US$ Exports Imports
Value
2013 87 914 34 231
Annual percentage change
2010-2013 10 8
2012 4 22
2013 -7 -28
World Trade Organization – Trade Profiles 2021
Venezuela, Bolivarian Republic of TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2018
2010-2018
772 6 884 2018 0.01
Share in world total exports (%) Breakdown in economy's total exports
-9 -8
2017
2018
-27 -21
-15 -4 2018 0.12
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2016)
By main services item, % (2016)
Transport: 47.3 Other commercial services: 14.3
Travel: 38.1 Goods-related services: 0.3
Transport: 29.5 Other commercial services: 50.2
By main destination
Travel: 20 Goods-related services: 0.4
By main origin
Value
FATS sales Inward (million US$) Outward (million US$)
Annual percentage change
2020 na na
2010-2020 na na
2019 na na
2020 na na
Transport Venezuela
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020
Transport exports (Index 2010=100)
2016 588 2 674
Exports By sea (2016) By air (2016) By other (2013)
Value 395 139 0
2010-2016 1 -8
Share (%)
Annual percentage change 2015 2 -24
Imports By sea (2016) By air (2016) By other (2016)
67.2 23.6 0.0
2016 -18 -32
Value
Share (%)
1 276 1 331 10
47.7 49.8 0.4
Travel Venezuela
200
World
Value
Million US$ Exports Imports
100 0
2010
2013
2016
2016 473 1 812
2010-2016 -9 -2
Annual percentage change 2015 -31 -13
2016 -18 -14
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2016) 9.0
4.5
36.2
2016
2010-2016
Other commercial services Exports 177 Imports 4 550
Other business services ICTs 50.3
Value
Financial services
-3 -7
2016
Goods-related services Exports Imports
Other
Annual percentage change
2010-2016
4 32
0 0
2015
2016
-14 -18
-24 -37
2015
2016
0 0
0 0
INDUSTRIAL PROPERTY Patent applications, 2017 Residents
96
Non-residents
338
Trademark applications, 2017 Total
434
World Trade Organization – Trade Profiles 2021
Residents
18 414
Non-residents
4 025
Industrial design applications Total
22 439
Residents
na
Non-residents
na
Total
na
391