Venezuela

-0.8

Econ Complexity 96th of 214
1980
2016

$26.6B

Exports 62nd of 221
1980
2016

$15.1B

Imports 82nd of 221
1980
2016
Looking for commercial partners in Venezuela? List your company on Macro Market.
Looking for commercial partners in Venezuela? List your company on Macro Market.

Venezuela is the 62nd largest export economy in the world. In 2016, Venezuela exported $26.6B and imported $15.1B, resulting in a positive trade balance of $11.5B.

The top exports of Venezuela are Crude Petroleum ($18.2B), Refined Petroleum ($3.11B), Gold ($2.92B), Acyclic Alcohols ($305M) and Iron Ore ($301M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.77B), Packaged Medicaments ($716M), Corn ($414M), Soybean Meal ($326M) and Ethers ($258M).

The top export destinations of Venezuela are the United States ($10.3B), China ($4.9B), India ($4.47B), Switzerland ($2.92B) and Singapore ($1.03B). The top import origins are the United States ($5.06B), China ($2.52B), Brazil ($1.28B), Argentina ($706M) and Colombia ($613M).

Venezuela borders Brazil, Colombia and Guyana by land and Trinidad and Tobago by sea.

Economic Complexity of Venezuela

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