Venezuela vs USA: 2023 Trade Comparison

Side-by-side stats from CEPII BACI. Bold values mark the larger figure.

VenezuelaMetricUSA
$7.63BTotal exports$1.90T
$9.98BTotal imports$2.98T
$-2.36BTrade balance$-1.08T
$17.61BTotal trade volume$4.87T
#114Global export rank#2
#117Global import rank#1

Direct trade between Venezuela and USA

VenezuelaUSA
$3.81B
USAVenezuela
$2.43B

Venezuela top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$4.05B
  • (not calcined), obtained from bituminous minerals$523.06M
  • saturated monohydric, methanol (methyl alcohol)$417.79M
  • n.e.c. in heading no. 7204$404.77M
  • nitrogenous, urea, whether or not in aqueous solution$279.85M

USA top exports

  • petroleum oils and oils obtained from bituminous minerals, crude$124.16B
  • preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals$115.84B
  • liquefied, natural gas$39.59B
  • consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$33.69B
  • of an unladen weight exceeding 15,000kg$31.57B

Shared top trade partners

Both countries appear as major export destinations for 3 of the same partners:

ChinaNetherlandsIndia