Venezuela export

Venezuela Export Data

The Bolivarian Republic of Venezuela is another name for Venezuela. Venezuela is a country on South America's northern coast. Its borders are shared by Brazil, Colombia, the Atlantic Ocean, and the Caribbean Sea. In terms of land area, Venezuela ranks sixth among the countries in South America. Venezuela has achieved the 33rd rank in the world concerning area, encompassing over 916,445 km^2. Data on trade with Venezuela for 2022 showed that, out of 226 nations, Venezuela was the world's 77th largest exporter of products. According to Venezuela's export data, Venezuela exported goods worth a total value of $28.68 billion in 2022. Venezuela, a country blessed with abundant natural resources, has traditionally relied heavily on its exports to drive its economy. In recent years, the country has faced numerous challenges, including political instability, economic crises, and international sanctions. However, despite the obstacles, Venezuela continues to trade globally, contributing to both its domestic and international markets. Let us now delve into the latest Venezuela export data and explore the major export trends and prospects for 2022.

 Venezuela Export Data | Venezuela Trade Data

77

The country has been ranked 77th in global exports, showing a significant position in the international trade landscape.

0.1%

With a mere 0.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

CHINA

China holds a significant role as the largest export partner of the country in terms of goods exports.

SCRAP IRON

Scrap iron is the major and biggest export commodity of the country, playing a vital role in its economy.

export

Top 10 Exports of Venezuela

Venezuela, known for its rich oil reserves, boasts an array of exports that contribute significantly to its economy. Topping the list of the country's top 10 exports is scrap iron, aproduct that accounts for a substantial portion of Venezuela's revenue. The top 10 exports of Venezuela in 2022, according to its export data are:

  • Scrap Iron: 17.8% ($570 million) 
  • Acyclic Alcohols: 15.2% ($487 million) 
  • Iron Ore: 10.7% ($342 million) 
  • Crustaceans: 5.8% ($186 million) 
  • Iron Reductions: 5.79% ($185 million) 
  • Bovine: 3.58% ($115 million) 
  • Raw Aluminum: 3.26% ($105 million) 
  • Gold: 3.26% ($104 million) 
  • Scrap copper: 3.05% ($97.8 million) 
  • Hard Liquor: 2.97% ($95.2 million) 
  • Partners

    Top 10 Export Partners of Venezuela

    When it comes to export partners, the country has forged strong trade relationships with several nations. These connections have played a crucial role in facilitating the growth ofVenezuela's international trade and strengthening its position in the global market. Venezuela’stop 10 export partners in 2022 include:

    Value In Percentage(%)

  • China: 26.3% ($843 million) 
  • Turkey: 14.1% ($452 million) 
  • United States: 9.62% ($308 million) 
  • Netherlands: 5.34% ($171 million) 
  • Brazil: 5.23% ($168 million) 
  • Italy: 4.52% ($145 million) 
  • Lebanon: 4.37% ($140 million) 
  • Guatemala: 3.44% ($110 million) 
  • India: 2.67% ($85.5 million) 
  • Egypt: 2.23%($71.4 million) 
  • Sample Data

    Understanding Venezuela's export data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see that in this report, we also include the importers’/exporter's names and address details. In this comprehensive customs database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Venezuela remains a significant player in the global export market as of 2022. The country's primary export commodities include petroleum and petroleum products, minerals, chemicals, and agricultural products. The oil sector, in particular, accounts for a substantial portion of Venezuela's export revenue. According to Venezuela's export data, the country exported a total goods of $3.2 billion in 2022. You may find a range of fields in Venezuela's trade and export data, including quantity, price, product description, total value of the currency, and more. It contains all relevant information about HS codes, exporter names, destination countries, etc. For dealers and marketers, this custom export data is crucial information that helps them make informed decisions. Consolidated statistics and shipment data make up Venezuela's export data. It is based on trade data from Venezuela. This data's unique quality makes it a very practical and helpful section of the report that may provide traders and marketers with all the information they need.

    Benefits

    Benefits of Venezuela’s Export Data

  • Produce enhanced sales from the Venezuelan export market.
  • Determine the recent demand for goods in Venezuela.
  • Monitor competitors and outrank them in position.
  • Build your marketing plan based on export data.
  • Make a major impact on Venezuela's export market.
  • Establish goals for the future and maximize earnings.
  • You’ll receive the name and address of the importer/exporter in our reports.
  • Frequently Asked Questions!!

    According to recent export data, Venezuela's exports reached $3.2 billion in 2022.

    The main exports of Venezuela include Scrap Iron, Acrylic alcohol, Iron Ore, Crustaceans, and Iron Reductions.

    Venezuela's export data has been steadily declining in recent years due to economic and political turmoil.

    The main trading partners of Venezuela in 2022 include China, the United States, Turkey, and Brazil.

    Oil production plays a significant role in Venezuela's export data, as it is the country's main export and source of revenue. Any changes in oil prices or production levels can greatly impact the overall export data.

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