Exports of goods and services (% of GDP) - Venezuela, RB | Data
Exports of goods and services (% of GDP) - Venezuela, RB. World Bank national accounts data, and OECD National Accounts data files. License : CC BY-4.0. Line Bar Map. Label.
IMF Data
Regular. IMF Data. Regular
Venezuela (VEN) Exports, Imports, and Trade Partners | OEC
During the last five reported years the exports of Venezuela have changed by -$30.1B from $34.4B in 2015 to $4.26B in 2025. The most recent exports are led by Crude Petroleum ($2.62B), Iron Reductions ($276M), Acyclic Alcohols ($208M), Refined Petroleum ($181M), and Crustaceans ($136M).
The U.S. is trying to mend ties with Venezuela. One big
Sanctions relief would help Venezuela rebuild its oil industry and allow its crude to start flowing to global markets again, including to the U.S., which used to be Venezuela's No. 1 buyer.
Venezuela GDP - 2025 Data - 2025 Forecast - 1960-2025
The Gross Domestic Product (GDP) in Venezuela was worth 111.81 billion US dollars in 2025, according to official data from the World Bank. The GDP value of Venezuela represents 0.05 percent of the world economy. GDP in Venezuela averaged 107.51 USD Billion from 1960 until 2025, reaching an all time high of 393.19 USD Billion in 2010 and a record low of 7.78 USD Billion in 1960. This page
- What are the top exports of Venezuela in 2023?
- In 2023, the top exports of Venezuela were Crude Petroleum ($4.05B), Petroleum Coke ($552M), Scrap Iron ($421M), Acyclic alcohol derivatives (halogenated, sulphonated, nitrated) ($418M), and Nitrogenous Fertilizers ($280M). The top destinations were United States ($3.81B), China ($739M), Spain ($670M), Brazil ($468M), and Turkey ($364M).
- How much does Venezuela export a year?
- Year over year, the value of Venezuela’s exported goods accelerated by 50.7% compared to $4.94 billion for 2022. A federal republic on South America’s northern coast, Venezuela is bordered by Guyana to its east, Brazil to its south and Colombia to its west. Historically, Venezuela is highly dependent on its petroleum oil exports.
- Does Venezuela have a competitive advantage under mineral fuels & oil product category?
- Venezuela has highly positive net exports particularly in the international trade of petroleum oil residues and crude oil. In turn, these cashflows indicate Venezuela’s strong competitive advantages under the mineral fuels including oil product category.
- Is Venezuela vulnerable to lower oil prices?
- Historically, Venezuela is highly dependent on its petroleum oil exports. That concentrated percentage shows Venezuela’s vulnerability to a lower oil prices. Given Venezuela’s population of 26.5 million people, the estimated $7.44 billion in 2023 Venezuelan exports translates to about $280 per person.
- Which export products grew the most in Venezuela?
- Venezuela’s top 10 export product categories accounted for 94.1% of the overall value of its global shipments. In second place for improving export sales was the fertilizers category via a 36.3% advance. Venezuela’s shipments of fish posted the third-fastest gain in value, up by 11.1%.
- What are net exports in Venezuela?
- In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services. Venezuela has highly positive net exports particularly in the international trade of petroleum oil residues and crude oil.
