Summary
- Share of its imports
- 35.1%
- Value imported
- $4.8billion
- Rank among its suppliers
- 1st
- Products where it sells over 50%
- 263
- Products where it sells over 75%
- 153
- Dominated value
- $3.9billion
- Share of total imports
- 28.5%
Trend
Trend in shares
China went from 0.55% to 35.1% of what Venezuela buys
Share (%)
- China 35.1%
Source: CEPII BACI
Show the numbers
| Year | Value (USD millions) | Share | Rank |
|---|---|---|---|
| 1995 | 66 | 0.55% | 22 |
| 1996 | 49 | 0.48% | 26 |
| 1997 | 115 | 0.79% | 22 |
| 1998 | 100 | 0.62% | 24 |
| 1999 | 116 | 0.81% | 21 |
| 2000 | 237 | 1.5% | 16 |
| 2001 | 438 | 2.4% | 11 |
| 2002 | 268 | 2.1% | 11 |
| 2003 | 213 | 2.3% | 11 |
| 2004 | 539 | 3.3% | 7 |
| 2005 | 918 | 3.9% | 5 |
| 2006 | 1,791 | 6.3% | 4 |
| 2007 | 2,428 | 6.7% | 4 |
| 2008 | 4,574 | 9.3% | 4 |
| 2009 | 4,127 | 10.4% | 3 |
| 2010 | 3,968 | 10.9% | 2 |
| 2011 | 6,798 | 13.5% | 2 |
| 2012 | 10,033 | 16.8% | 2 |
| 2013 | 6,990 | 15.6% | 2 |
| 2014 | 5,657 | 14.9% | 2 |
| 2015 | 5,316 | 19.1% | 2 |
| 2016 | 2,519 | 16.2% | 2 |
| 2017 | 1,746 | 17% | 2 |
| 2018 | 1,145 | 10.1% | 2 |
| 2019 | 1,539 | 24.2% | 1 |
| 2020 | 1,518 | 23.4% | 1 |
| 2021 | 2,135 | 29.7% | 1 |
| 2022 | 3,008 | 31.2% | 1 |
| 2023 | 3,449 | 33.9% | 1 |
| 2024 | 4,799 | 35.1% | 1 |
Products where China sells more than half
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Motorcycles | China | 96.1%over 75% | India · 1.7% | $355 million |
| Air conditioners | China | 95.8%over 75% | United States · 2.5% | $215 million |
| New tires | China | 88.6%over 75% | United States · 5% | $148 million |
| Monitors and projectors | China | 91%over 75% | United States · 7.2% | $147 million |
| Refrigerators, freezers and heat pumps | China | 82.6%over 75% | United States · 4.7% | $105 million |
| Rubber and plastic footwear | China | 96.7%over 75% | Brazil · 1.8% | $96 million |
| Auto parts | China | 57.7% | United States · 26.7% | $92 million |
| Motorcycle and bicycle parts | China | 76.8%over 75% | United States · 22.1% | $85 million |
| Lamps and light fittings | China | 96.1%over 75% | United States · 0.98% | $73 million |
| Toys | China | 94.8%over 75% | United States · 3.1% | $68 million |
| Detergents and surfactants | China | 55.3% | Colombia · 25.5% | $61 million |
| Other knitted fabric | China | 91.7%over 75% | Peru · 3.9% | $57 million |
| Cables and wire | China | 78.3%over 75% | Brazil · 7.4% | $56 million |
| Toilet paper and tissues | China | 66.1% | Colombia · 20.4% | $54 million |
| Other plastic articles | China | 69.4% | United States · 9.5% | $49 million |
| Air pumps, compressors and fans | China | 63.2% | Italy · 12.4% | $48 million |
| Medical and dental instruments | China | 62.4% | United States · 17.1% | $48 million |
| Plastic pipes and hoses | China | 77.6%over 75% | Brazil · 4.7% | $47 million |
| Electric heaters and hair dryers | China | 81%over 75% | United States · 10.3% | $44 million |
| Washing machines | China | 78.7%over 75% | United States · 8.1% | $43 million |
| Bags, suitcases and cases | China | 88.9%over 75% | Spain · 3.2% | $42 million |
| Transformers and power supplies | China | 69.1% | United States · 15.4% | $42 million |
| Furniture | China | 57.7% | United States · 11.7% | $40 million |
| Non-electric stoves, cookers and barbecues | China | 90.7%over 75% | Brazil · 3.8% | $40 million |
| Coated flat steel | China | 69.2% | Colombia · 24.9% | $39 million |
| Trucks | China | 63.2% | Japan · 12.5% | $38 million |
| Women's suits and dresses | China | 82%over 75% | Peru · 6.1% | $34 million |
| Generating sets | China | 89.1%over 75% | United States · 4.8% | $34 million |
| Control panels | China | 74.1% | Colombia · 12.4% | $34 million |
| Low-voltage switches and connectors | China | 78%over 75% | United States · 6.2% | $33 million |
and 233 more
A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.
Are there other suppliers in the world?
- China sells 28.6% of what the world exports of motorcycles; next come Japan (10.4%), Germany (8.3%) and Thailand (8.3%). The rest of the world exported 74.6 times what Venezuela buys from China.
- China sells 39.4% of what the world exports of air conditioners; next come Thailand (11.7%), Mexico (11.7%) and United States (4.2%). The rest of the world exported 192 times what Venezuela buys from China.
- China sells 22.8% of what the world exports of new tires; next come Thailand (8%), Japan (6%) and Germany (5.3%). The rest of the world exported 525 times what Venezuela buys from China.
- China sells 32.3% of what the world exports of monitors and projectors; next come Mexico (17.8%), Vietnam (7%) and Poland (5.6%). The rest of the world exported 314.2 times what Venezuela buys from China.
- China sells 31.5% of what the world exports of refrigerators, freezers and heat pumps; next come Mexico (11.1%), Italy (6.9%) and South Korea (4.9%). The rest of the world exported 398.6 times what Venezuela buys from China.
- China sells 50.6% of what the world exports of rubber and plastic footwear; next come Vietnam (16.4%), Indonesia (6%) and Germany (3.8%). The rest of the world exported 209 times what Venezuela buys from China.
- China sells 12.1% of what the world exports of auto parts; next come Germany (14.5%), Mexico (9.5%) and United States (9%). The rest of the world exported 4,225.6 times what Venezuela buys from China.
- China sells 37% of what the world exports of motorcycle and bicycle parts; next come Taiwan (12%), Japan (6.7%) and Italy (5.1%). The rest of the world exported 183.5 times what Venezuela buys from China.
- China sells 59.2% of what the world exports of lamps and light fittings; next come Germany (4.7%), Mexico (4%) and Italy (3.6%). The rest of the world exported 281.6 times what Venezuela buys from China.
- China sells 66.3% of what the world exports of toys; next come Vietnam (5.8%), Czechia (4.1%) and Mexico (2.6%). The rest of the world exported 294.7 times what Venezuela buys from China.
Exports from the rest of the world already have buyers; the figure shows scale, not availability.
Seen from China
Venezuela is China’s 80th-largest customer, with 0.13% of its exports.
Links
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.
Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.
The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.
Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.
The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.
Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.