Summary
- China → Venezuela
- $4.8billion
- Venezuela → China
- $1.6billion
- China’s balance
- $3.2billion
Balance
China’s trade balance with Venezuela
Trade between China and Venezuela grew 78.7-fold since 1995
USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4.8
- Imports 1.6
- Balance +3.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $66 million | $16 million | $50 million |
| 1996 | $49 million | $23 million | $26 million |
| 1997 | $115 million | $35 million | $80 million |
| 1998 | $100 million | $12 million | $88 million |
| 1999 | $116 million | $32 million | $84 million |
| 2000 | $237 million | $82 million | $155 million |
| 2001 | $438 million | $152 million | $286 million |
| 2002 | $268 million | $147 million | $121 million |
| 2003 | $213 million | $404 million | -$190 million |
| 2004 | $539 million | $736 million | -$197 million |
| 2005 | $918 million | $962 million | -$44 million |
| 2006 | $1.8 billion | $1.9 billion | -$85 million |
| 2007 | $2.4 billion | $3.1 billion | -$625 million |
| 2008 | $4.6 billion | $6.3 billion | -$1.7 billion |
| 2009 | $4.1 billion | $4.3 billion | -$133 million |
| 2010 | $4 billion | $6.4 billion | -$2.4 billion |
| 2011 | $6.8 billion | $11.4 billion | -$4.6 billion |
| 2012 | $10 billion | $14.5 billion | -$4.4 billion |
| 2013 | $7 billion | $12.9 billion | -$6 billion |
| 2014 | $5.7 billion | $11.3 billion | -$5.7 billion |
| 2015 | $5.3 billion | $6.8 billion | -$1.5 billion |
| 2016 | $2.5 billion | $5.6 billion | -$3 billion |
| 2017 | $1.7 billion | $7.2 billion | -$5.5 billion |
| 2018 | $1.1 billion | $7.4 billion | -$6.3 billion |
| 2019 | $1.5 billion | $4.9 billion | -$3.3 billion |
| 2020 | $1.5 billion | $534 million | $984 million |
| 2021 | $2.1 billion | $994 million | $1.1 billion |
| 2022 | $3 billion | $833 million | $2.2 billion |
| 2023 | $3.4 billion | $739 million | $2.7 billion |
| 2024 | $4.8 billion | $1.6 billion | $3.2 billion |
What they sell each other
What China sells to Venezuela
The top 10 headings in 2024, with their share of the total.
What Venezuela sells to China
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Shanghai and Puerto La Cruz is 9,821 nautical miles (18,188 km) long: ≈ 22.5–29 days at sea (at 18 and 14 knots).
Passages it crosses: Panama Canal.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Venezuela was China’s 80th largest trading partner (0.1% of its trade), and China was Venezuela’s 2nd (23%).
- Venezuela in China’s trade
- 0.1%
- Venezuela’s rank among China’s partners
- 80th
- China in Venezuela’s trade
- 23.2%
- China’s rank among Venezuela’s partners
- 2nd
Compare with
Other partners of China
Other partners of Venezuela
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.