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Where does Venezuela get its refined petroleum products? Import sources 2024

In 2024, Venezuela imported $2.3 billion of refined petroleum products (4.1 million tonnes), 0.3% of the world total. The United States sold 90% of the total, followed by Spain (3%) and Belgium (2%). Venezuela was the world’s 72nd-largest importer of refined petroleum products.

Summary

Value
$2.3billion
Tonnes
4.1million tonnes
Share of world total
0.3%
World rank
72nd
Routes from the main sources. Width: value; color: estimated transport mode.SeaAirLand

Sources

The 20 main sources in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States2.1Tonnes: 3,899,538USD per tonne: $53289.5%Sea
Spain0.06Tonnes: 83,851USD per tonne: $7642.8%Sea
Belgium re-exports0.04Tonnes: 50,133USD per tonne: $8491.8%Sea
Colombia0.03Tonnes: 22,656USD per tonne: $1,3911.4%Land
France0.02Tonnes: 25,093USD per tonne: $9571%Sea
Italy0.02Tonnes: 22,803USD per tonne: $9210.91%Sea
Turkey0.02Tonnes: 8,827USD per tonne: $1,7800.68%Sea
Brazil0.01Tonnes: 4,880USD per tonne: $2,1590.45%Land
Ecuador0.01Tonnes: 2,222USD per tonne: $3,8870.37%Sea
Mexico0.01Tonnes: 2,901USD per tonne: $2,5300.32%Sea
India< 0.01Tonnes: 2,488USD per tonne: $1,4130.15%Sea
Panama< 0.01Tonnes: 1,521USD per tonne: $1,9240.13%Sea
China< 0.01Tonnes: 1,671USD per tonne: $1,4110.1%Sea
South Korea< 0.01Tonnes: 1,267USD per tonne: $1,1970.07%Sea
Ukraine< 0.01Tonnes: 518USD per tonne: $2,6780.06%Sea
Peru< 0.01Tonnes: 1,034USD per tonne: $1,0020.04%Sea
Bolivia< 0.01Tonnes: 780USD per tonne: $1,1380.04%Sea
Netherlands re-exports< 0.01Tonnes: 381USD per tonne: $2,2360.04%Sea
Germany< 0.01Tonnes: 128USD per tonne: $4,9320.03%Sea
Japan< 0.01Tonnes: 166USD per tonne: $3,3840.02%Sea

Trend

Who it buys from

The United States has been its main source since 2021

Value in USD billions. The five largest sources in 2024.

  • United States 2.1
  • Spain 0.06
  • Belgium 0.04
  • Colombia 0.03
  • France 0.02

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.032.1
Spain< 0.010.06
Belgium< 0.010.04
Colombia< 0.010.03
France< 0.010.02

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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