Venezuela - Merchandise exports

Merchandise exports to economies in the Arab World (% of total merchandise exports)

Merchandise exports to economies in the Arab World (% of total merchandise exports) in Venezuela was 10.55 as of 2020. Its highest value over the past 60 years was 12.62 in 2019, while its lowest value was 0.00 in 1994.

Definition: Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 0.08
1961 0.01
1962 0.03
1963 0.05
1964 0.04
1966 0.01
1967 0.04
1969 0.10
1970 0.04
1978 0.22
1979 0.01
1980 0.02
1981 0.02
1982 0.09
1983 0.14
1984 0.18
1985 0.20
1986 0.08
1988 0.12
1989 0.34
1990 0.08
1991 0.20
1992 0.13
1993 0.15
1994 0.00
1995 0.08
1996 0.09
1997 0.05
1998 0.03
2000 0.01
2001 0.04
2002 0.13
2003 0.10
2004 0.07
2005 0.14
2006 0.13
2007 0.09
2008 0.23
2009 0.20
2010 0.07
2011 0.10
2012 0.07
2013 0.03
2014 0.06
2015 0.01
2016 0.09
2017 4.49
2018 5.95
2019 12.62
2020 10.55

Merchandise exports (current US$)

The value for Merchandise exports (current US$) in Venezuela was 4,980,000,000 as of 2020. As the graph below shows, over the past 60 years this indicator reached a maximum value of 97,340,000,000 in 2012 and a minimum value of 2,225,000,000 in 1961.

Definition: Merchandise exports show the f.o.b. value of goods provided to the rest of the world valued in current U.S. dollars.

Source: World Trade Organization.

See also:

Year Value
1960 2,305,000,000
1961 2,225,000,000
1962 2,342,000,000
1963 2,343,000,000
1964 2,472,000,000
1965 2,455,000,000
1966 2,373,000,000
1967 3,077,000,000
1968 2,779,000,000
1969 3,083,000,000
1970 3,169,000,000
1971 3,124,000,000
1972 3,166,000,000
1973 4,891,000,000
1974 11,153,000,000
1975 8,800,000,000
1976 9,299,000,000
1977 9,551,000,000
1978 9,187,000,000
1979 14,317,000,000
1980 19,221,000,000
1981 20,980,000,000
1982 16,590,000,000
1983 13,937,000,000
1984 15,997,000,000
1985 14,438,000,000
1986 8,660,000,000
1987 10,577,000,000
1988 10,244,000,000
1989 13,310,000,000
1990 17,497,000,000
1991 15,155,000,000
1992 14,185,000,000
1993 14,686,000,000
1994 16,089,000,000
1995 18,457,000,000
1996 23,060,000,000
1997 23,871,000,000
1998 17,707,000,000
1999 20,963,000,000
2000 33,529,000,000
2001 26,667,000,000
2002 26,781,000,000
2003 27,230,000,000
2004 39,668,000,000
2005 55,716,000,000
2006 65,578,000,000
2007 69,980,000,000
2008 95,021,000,000
2009 57,603,000,000
2010 65,745,000,000
2011 92,811,000,000
2012 97,340,000,000
2013 88,753,000,000
2014 74,714,000,000
2015 37,309,000,000
2016 26,696,000,000
2017 31,960,000,000
2018 34,440,000,000
2019 17,210,000,000
2020 4,980,000,000

Merchandise exports to high-income economies (% of total merchandise exports)

Merchandise exports to high-income economies (% of total merchandise exports) in Venezuela was 33.37 as of 2020. Its highest value over the past 60 years was 79.67 in 1985, while its lowest value was 33.37 in 2020.

Definition: Merchandise exports to high-income economies are the sum of merchandise exports from the reporting economy to high-income economies according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 67.28
1961 66.63
1962 68.55
1963 70.32
1964 70.69
1965 70.49
1966 72.07
1967 70.94
1968 71.50
1969 71.73
1970 71.11
1972 59.13
1973 70.49
1974 68.76
1975 66.61
1976 66.02
1977 66.96
1978 64.94
1979 65.25
1980 61.74
1981 62.08
1982 65.72
1983 73.07
1984 69.32
1985 79.67
1986 70.30
1987 75.26
1988 71.28
1989 74.42
1990 73.05
1991 72.27
1992 71.70
1993 71.15
1994 64.66
1995 66.05
1996 59.37
1997 60.04
1998 55.10
1999 59.51
2000 63.02
2001 60.30
2002 58.12
2003 59.39
2004 51.60
2005 60.48
2006 63.52
2007 66.61
2008 66.66
2009 67.71
2010 64.70
2011 65.26
2012 52.84
2013 53.96
2014 50.45
2015 50.19
2016 49.02
2017 48.90
2018 47.10
2019 38.44
2020 33.37

Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in East Asia & Pacific (% of total merchandise exports) in Venezuela was 13.39 as of 2020. Its highest value over the past 59 years was 21.99 in 2019, while its lowest value was 0.00 in 1976.

Definition: Merchandise exports to low- and middle-income economies in East Asia and Pacific are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the East Asia and Pacific region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1961 0.01
1962 0.02
1963 0.03
1964 0.01
1965 0.02
1966 0.07
1967 0.35
1968 0.10
1969 0.11
1970 0.01
1972 0.02
1974 0.02
1976 0.00
1977 0.01
1978 0.03
1979 0.08
1980 0.12
1981 0.12
1982 0.01
1983 0.09
1984 0.07
1985 0.93
1986 0.68
1988 0.17
1989 0.19
1990 0.31
1991 0.11
1992 0.18
1993 0.12
1994 0.16
1995 0.02
1996 0.03
1997 0.04
1998 0.04
1999 0.02
2000 0.09
2001 0.21
2002 0.36
2003 0.62
2004 0.72
2005 0.56
2006 0.35
2007 2.75
2008 3.81
2009 6.23
2010 8.02
2011 14.13
2012 16.84
2013 16.65
2014 14.14
2015 13.89
2016 14.94
2017 16.32
2018 15.34
2019 21.99
2020 13.39

Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Europe & Central Asia (% of total merchandise exports) in Venezuela was 0.59 as of 2020. Its highest value over the past 60 years was 2.30 in 2010, while its lowest value was 0.00 in 1964.

Definition: Merchandise exports to low- and middle-income economies in Europe and Central Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Europe and Central Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 0.01
1961 0.01
1963 0.01
1964 0.00
1966 0.00
1978 0.16
1979 0.25
1981 0.09
1982 0.02
1983 0.02
1984 0.03
1985 0.02
1986 0.02
1988 0.16
1989 0.06
1991 0.07
1992 0.04
1993 0.04
1994 0.12
1995 0.23
1996 0.08
1997 0.13
1998 0.07
2000 0.13
2001 0.13
2002 0.11
2003 0.09
2004 0.07
2005 0.15
2006 0.12
2007 0.21
2008 0.09
2009 0.09
2010 2.30
2011 0.14
2012 0.12
2013 0.23
2014 0.09
2015 0.13
2016 0.12
2017 0.14
2018 0.81
2019 0.12
2020 0.59

Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Latin America & the Caribbean (% of total merchandise exports) in Venezuela was 5.80 as of 2020. Its highest value over the past 60 years was 26.22 in 1995, while its lowest value was 4.11 in 2019.

Definition: Merchandise exports to low- and middle-income economies in Latin America and the Caribbean are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Latin America and the Caribbean region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 7.85
1961 6.30
1962 5.92
1963 5.10
1964 6.35
1965 6.10
1966 5.98
1967 5.30
1968 6.06
1969 6.64
1970 6.61
1972 4.75
1973 8.76
1974 8.88
1975 9.72
1976 8.60
1977 10.64
1978 9.58
1979 8.71
1980 10.70
1981 11.44
1982 12.28
1983 11.67
1984 11.47
1985 12.41
1986 11.70
1987 4.21
1988 13.22
1989 14.59
1990 12.51
1991 12.62
1992 12.73
1993 16.74
1994 25.53
1995 26.22
1996 15.55
1997 16.47
1998 20.61
1999 14.30
2000 18.27
2001 11.90
2002 15.48
2003 9.50
2004 14.37
2005 10.56
2006 12.21
2007 10.39
2008 10.13
2009 11.16
2010 11.43
2011 11.91
2012 11.56
2013 10.03
2014 8.80
2015 9.21
2016 8.85
2017 7.72
2018 7.10
2019 4.11
2020 5.80

Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Middle East & North Africa (% of total merchandise exports) in Venezuela was 0.38 as of 2020. Its highest value over the past 60 years was 1.31 in 2017, while its lowest value was 0.00 in 1994.

Definition: Merchandise exports to low- and middle-income economies in Middle East and North Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Middle East and North Africa region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 0.08
1961 0.00
1962 0.02
1963 0.05
1964 0.03
1967 0.02
1969 0.10
1970 0.04
1978 0.22
1979 0.04
1980 0.02
1981 0.02
1982 0.09
1983 0.58
1984 0.16
1985 0.07
1986 0.11
1988 0.10
1989 0.34
1990 0.12
1991 0.23
1992 0.12
1993 0.15
1994 0.00
1995 0.06
1996 0.08
1997 0.05
1998 0.05
2000 0.01
2001 0.02
2002 0.03
2003 0.01
2004 0.06
2005 0.10
2006 0.13
2007 0.09
2008 0.21
2009 0.19
2010 0.05
2011 0.09
2012 0.07
2013 0.01
2014 0.00
2015 0.00
2016 0.08
2017 1.31
2018 0.82
2019 0.43
2020 0.38

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in South Asia (% of total merchandise exports) in Venezuela was 42.06 as of 2020. Its highest value over the past 60 years was 42.06 in 2020, while its lowest value was 0.01 in 1989.

Definition: Merchandise exports to low- and middle-income economies in South Asia are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the South Asia region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 0.04
1961 0.07
1962 0.06
1966 0.02
1967 0.04
1979 0.07
1980 0.28
1981 0.67
1982 0.36
1984 0.06
1985 0.10
1986 0.07
1988 0.08
1989 0.01
1990 0.05
1991 0.13
1992 0.07
1993 0.30
1994 0.05
1995 0.03
1996 0.02
1997 0.04
1998 0.02
2000 0.04
2001 0.02
2002 0.03
2003 0.02
2004 0.03
2005 0.04
2006 0.10
2007 3.31
2008 3.97
2009 3.90
2010 7.87
2011 6.89
2012 15.79
2013 17.90
2014 16.88
2015 16.59
2016 17.37
2017 16.55
2018 19.32
2019 29.61
2020 42.06

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports)

Merchandise exports to low- and middle-income economies in Sub-Saharan Africa (% of total merchandise exports) in Venezuela was 0.203 as of 2020. Its highest value over the past 60 years was 0.956 in 1980, while its lowest value was 0.000 in 1992.

Definition: Merchandise exports to low- and middle-income economies in Sub-Saharan Africa are the sum of merchandise exports from the reporting economy to low- and middle-income economies in the Sub-Saharan Africa region according to World Bank classification of economies. Data are as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 0.382
1961 0.624
1962 0.782
1963 0.782
1964 0.882
1965 0.573
1966 0.226
1967 0.485
1968 0.243
1969 0.415
1970 0.442
1978 0.662
1979 0.946
1980 0.956
1981 0.855
1988 0.000
1990 0.013
1991 0.000
1992 0.000
1993 0.013
1994 0.000
1995 0.100
1996 0.185
1997 0.199
1998 0.741
2000 0.035
2001 0.086
2002 0.076
2003 0.032
2004 0.014
2005 0.211
2006 0.100
2007 0.249
2008 0.271
2009 0.086
2010 0.038
2011 0.199
2012 0.442
2013 0.097
2014 0.295
2015 0.315
2016 0.355
2017 0.312
2018 0.327
2019 0.243
2020 0.203

Merchandise exports by the reporting economy, residual (% of total merchandise exports)

Merchandise exports by the reporting economy, residual (% of total merchandise exports) in Venezuela was 66.63 as of 2020. Its highest value over the past 60 years was 66.63 in 2020, while its lowest value was 20.33 in 1985.

Definition: Merchandise exports by the reporting economy residuals are the total merchandise exports by the reporting economy to the rest of the world as reported in the IMF's Direction of trade database, less the sum of exports by the reporting economy to high-, low-, and middle-income economies according to the World Bank classification of economies. Includes trade with unspecified partners or with economies not covered by World Bank classification. Data are as a percentage of total merchandise exports by the economy.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 32.72
1961 33.37
1962 31.45
1963 29.68
1964 29.31
1965 29.51
1966 27.93
1967 29.06
1968 28.50
1969 28.27
1970 28.89
1972 40.87
1973 29.51
1974 31.24
1975 33.39
1976 33.98
1977 33.04
1978 35.06
1979 34.75
1980 38.26
1981 37.92
1982 34.28
1983 26.93
1984 30.68
1985 20.33
1986 29.70
1987 24.74
1988 28.72
1989 25.58
1990 26.95
1991 27.73
1992 28.30
1993 28.85
1994 35.34
1995 33.95
1996 40.63
1997 39.96
1998 44.90
1999 40.49
2000 36.98
2001 39.70
2002 41.88
2003 40.61
2004 48.40
2005 39.52
2006 36.48
2007 33.39
2008 33.34
2009 32.29
2010 35.30
2011 34.74
2012 47.16
2013 46.04
2014 49.55
2015 49.81
2016 50.98
2017 51.10
2018 52.90
2019 61.56
2020 66.63

Merchandise exports by the reporting economy (current US$)

The latest value for Merchandise exports by the reporting economy (current US$) in Venezuela was 5,164,529,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 95,965,400,000 in 2008 and 2,404,200,000 in 1961.

Definition: Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.

Source: World Bank staff estimates based data from International Monetary Fund's Direction of Trade database.

See also:

Year Value
1960 2,511,800,000
1961 2,404,200,000
1962 2,582,100,000
1963 2,607,500,000
1964 2,720,700,000
1965 2,759,400,000
1966 2,693,200,000
1967 2,843,900,000
1968 2,835,700,000
1969 2,869,700,000
1970 3,169,500,000
1972 3,126,000,000
1973 4,792,000,000
1974 10,998,900,000
1975 8,732,200,000
1976 9,259,900,000
1977 9,507,200,000
1978 9,157,700,000
1979 14,245,300,000
1980 19,260,600,000
1981 20,001,900,000
1982 16,957,000,000
1983 14,755,000,000
1984 16,094,000,000
1985 14,189,000,000
1986 8,412,000,000
1987 9,062,900,000
1988 10,148,190,000
1989 12,432,650,000
1990 18,044,420,000
1991 16,337,140,000
1992 14,065,250,000
1993 14,692,330,000
1994 17,089,790,000
1995 19,093,030,000
1996 26,599,350,000
1997 26,320,110,000
1998 20,191,430,000
1999 20,823,000,000
2000 33,290,040,000
2001 26,895,090,000
2002 26,627,940,000
2003 27,232,440,000
2004 39,672,290,000
2005 55,731,830,000
2006 65,594,820,000
2007 70,201,210,000
2008 95,965,400,000
2009 58,493,260,000
2010 65,897,680,000
2011 86,229,080,000
2012 84,143,660,000
2013 80,769,840,000
2014 74,734,000,000
2015 37,248,630,000
2016 26,795,720,000
2017 32,664,000,000
2018 35,083,940,000
2019 17,630,870,000
2020 5,164,529,000

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports