Venezuela Balance of Trade  1990-2017 | Data | Chart | Calendar | Forecast

Venezuela recorded a trade deficit of 782 USD Million in the third quarter of 2015. Balance of Trade in Venezuela averaged 4520.58 USD Million from 1990 until 2015, reaching an all time high of 17732 USD Million in the third quarter of 2008 and a record low of -2015 USD Million in the fourth quarter of 2008.

Venezuela Balance of Trade
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Venezuela Trade Last Previous Highest Lowest Unit
Balance of Trade -782.00 3330.00 17732.00 -2015.00 USD Million [+]
Exports 8483.00 12108.00 30743.00 2995.00 USD Million [+]
Imports 9576.00 8778.00 17841.00 1970.00 USD Million [+]
Current Account -5113.00 -5050.00 15502.00 -6088.00 USD Million [+]
Current Account to GDP 1.40 2.90 17.70 -9.20 percent [+]
External Debt 500.00 296.00 2189.00 0.00 USD Million [+]
Remittances 836.00 803.00 836.00 136.00 USD Million [+]
Gold Reserves 187.46 187.46 372.93 187.46 Tonnes [+]
Crude Oil Production 2189.00 2194.00 3453.00 594.00 BBL/D/1K [+]
Terrorism Index 2.00 2.14 3.12 0.63 [+]
Foreign Direct Investment 12.00 547.00 3061.00 -2040.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Venezuela Balance of Trade Notes

Venezuela has been recording trade surpluses since 1997 due to shipments of oil (96 percent of total exports). Main imports are: electronics, chemicals, agricultural products and livestock and base metals. Main trading partners are: United States (40 percent of total exports and 26 percent of imports) and China (11 percent of exports and 15 percent of imports). Others include: Brazil, India, Cuba and Colombia. This page provides - Venezuela Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Venezuela Balance of Trade - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-782.00 3330.00 17732.00 -2015.00 1990 - 2015 USD Million Quarterly
NSA



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico 616.79 Apr/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17