Venezuela recorded a trade surplus of 5680 USD Million in the first quarter of 2019. Balance of Trade in Venezuela averaged 4365.15 USD Million from 1990 until 2019, reaching an all time high of 18496.00 USD Million in the third quarter of 2008 and a record low of -3154.00 USD Million in the fourth quarter of 2008. source: Banco Central De Venezuela



Venezuela Balance of Trade
Venezuela has been recording trade surpluses since 1997 due to shipments of oil (98 percent of total exports). Main imports are: machinery, nuclear reactors, boilers (19 percent of total imports), electrical, electronic equipment (9 percent), pharmaceutical products (7 percent). Main trading partners are: the United States (26 percent of total exports and 23 percent of imports) and China (12 percent of exports and 17 percent of imports). Others include: Brazil, Colombia, Netherlands, Mexico and Argentina.
Actual Previous Highest Lowest Dates Unit Frequency
5680.00 4887.00 18496.00 -3154.00 1990 - 2019 USD Million Quarterly
NSA