Venezuela import

Venezuela Import 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 complexity, the nation is ranked 105th in the globe. According to data on imports, Venezuela ranked 110th out of 226 nations in terms of total imports in 2022. According to Venezuela's import data, Venezuela imported goods worth $10.85 billion in 2022. In today's globalized world, trade plays a vital role in the economic growth of a country. Import data provides valuable insights into a country's trade activities and can be a powerful tool for businesses and government agencies alike. For businesses operating in Venezuela, import data is a valuable resource. It helps them identify potential market opportunities and gauge the demand for specific products. This data can assist businesses in making informed decisions about sourcing suppliers, planning inventory, and developing marketing strategies. Let us now delve into Venezuela's import data, exploring its significance, sources, and the import trends that the data reveals.

 Venezuela Import Data | Venezuela Customs Data

110

The country has been ranked 110th in global imports, showing a significant position in the international trade landscape and import market.

0.01%

With a mere 0.01% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

CHINA

China holds a significant role as the largest import partner of the country in terms of goods imports and import share.

RICE

Rice is the biggest import commodity of the country, playing a vital role in its economy.

import

Top 10 Imports of Venezuela

Venezuela, a South American nation known for its rich oil reserves, has a diverse range ofimports that contribute to its economy. Rice takes the lead as the most significant importcategory. The top 10 imports of Venezuela in 2022, according to its import data are:

  • Rice: 3.71% ($262 million) 
  • Soybean Oil: 3.62% ($255 million) 
  • Refined Petroleum: 3.29% ($232 million) 
  • Broadcasting Equipment: 3.02% ($213 million) 
  • Raw Sugar: 2.84% ($200 million) 
  • Wheat: 2.74% ($193 million) 
  • Corn: 2.63% ($186 million) 
  • Medicaments: 2.2% ($155 million) 
  • Soybean meal: 2.09% ($148 million)
  • Pasta: 1.9% ($134 million) 
  • Partners

    Top 10 Import Partners of Venezuela

    Venezuela's import partners play a crucial role in shaping its international trade landscape. These countries not only supply Venezuela with vital goods, but also contribute to its economic growth and facilitate the exchange of expertise and technology. Venezuela’s top 10 import partners in 2022 include:

    Value In Percentage(%)

  • China: 31% ($2.19 billion) 
  • United States: 22% ($1.55 billion) 
  • Brazil: 15.4% ($1.09 billion) 
  • Colombia: 4.69% ($331 million) 
  • India: 4.42% ($312 million) 
  • Turkey: 4.24% ($299 million) 
  • Canada: 1.89% ($133 million) 
  • Spain: 1.53% ($108 million) 
  • Italy: 1.48% ($104 million) 
  • Peru: 1.23% ($87.1 million) 
  • Sample Data

    The Significance of Venezuela's Import 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 import data refers to the detailed information on goods and services imported into the country. This data provides a comprehensive overview of Venezuela's import activities, including the types of products imported, their quantities, origin countries, and the customs value of these imports. Venezuela's import data offers valuable insights into the country's economic trends and trade patterns. By analyzing import data, economists, policymakers, and businesses can gain a deeper understanding of the country's economic health and make informed decisions regarding investments, trade policies, and market strategies. According to Venezuela's customs data, Venezuela imported goods worth $7.05 billion in 2022. The information we provide you on Venezuelan import data and shipment data is highly helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from organizations, other shipping firms, and Venezuela's customs ports. Venezuelan import data includes many fields, such as HS codes, product descriptions, prices and quantities, port names, and currency values.

    Benefits

    Benefits of Venezuela’s Import Data

  • Expand your firm into the Venezuelan Market.
  • View Venezuela's most recent product demand and price projections.
  • Track and Examine the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Venezuela.
  • Create more ROI and long-term business goals.
  • You’ll receive the name and address of the importer/exporter in our reports.
  • Frequently Asked Questions!!

    Venezuela import data refers to the records and statistics of all the goods and products that are brought into the country from foreign countries.

    Venezuela's import data is important for various reasons, such as tracking the country's trade balance, identifying potential markets for domestic businesses, and monitoring the impact of international trade on the country's economy.

    Venezuela import data is collected by the country's customs department, which keeps a record of all the goods that enter the country, including their origin, value, and quantity.

    Venezuela's import data includes all types of products, including raw materials, machinery, consumer goods, and agricultural products, that are brought into the country from foreign markets.

    According to Venezuela’s import data, the top countries that Venezuela imports from are China, the United States, Brazil, Colombia, and India.

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