Summary
- United States → Venezuela
- $4.1billion
- Venezuela → United States
- $6.3billion
- The United States’ balance
- -$2.2billion
Balance
The United States’ trade balance with Venezuela
Trade between the United States and Venezuela fell 31% since 1995
USD billions (current). The United States’ exports and imports; bars: its balance (green surplus, red deficit).
- Exports 4.1
- Imports 6.3
- Balance -2.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $4.7 billion | $10.5 billion | -$5.8 billion |
| 1996 | $4.2 billion | $13.9 billion | -$9.7 billion |
| 1997 | $6.2 billion | $14.2 billion | -$8 billion |
| 1998 | $6.5 billion | $9.9 billion | -$3.4 billion |
| 1999 | $5.3 billion | $11.9 billion | -$6.5 billion |
| 2000 | $5.8 billion | $18.6 billion | -$12.8 billion |
| 2001 | $5.7 billion | $15 billion | -$9.3 billion |
| 2002 | $4 billion | $15.3 billion | -$11.4 billion |
| 2003 | $2.9 billion | $16.7 billion | -$13.8 billion |
| 2004 | $4.7 billion | $26 billion | -$21.3 billion |
| 2005 | $6.8 billion | $33.2 billion | -$26.4 billion |
| 2006 | $8 billion | $38.2 billion | -$30.3 billion |
| 2007 | $8.6 billion | $40.9 billion | -$32.3 billion |
| 2008 | $12.5 billion | $48.3 billion | -$35.8 billion |
| 2009 | $10.3 billion | $28.7 billion | -$18.4 billion |
| 2010 | $10 billion | $33.4 billion | -$23.4 billion |
| 2011 | $11.9 billion | $43.8 billion | -$31.9 billion |
| 2012 | $14.2 billion | $39.2 billion | -$25 billion |
| 2013 | $10.2 billion | $32.4 billion | -$22.1 billion |
| 2014 | $10.8 billion | $30.8 billion | -$20 billion |
| 2015 | $8.1 billion | $16.2 billion | -$8.1 billion |
| 2016 | $5 billion | $11.4 billion | -$6.4 billion |
| 2017 | $4 billion | $12.7 billion | -$8.8 billion |
| 2018 | $6 billion | $13.5 billion | -$7.5 billion |
| 2019 | $1.2 billion | $2 billion | -$779 million |
| 2020 | $1.1 billion | $174 million | $917 million |
| 2021 | $1.5 billion | $319 million | $1.2 billion |
| 2022 | $2.2 billion | $438 million | $1.8 billion |
| 2023 | $2.4 billion | $3.8 billion | -$1.4 billion |
| 2024 | $4.1 billion | $6.3 billion | -$2.2 billion |
What they sell each other
What the United States sells to Venezuela
The top 10 headings in 2024, with their share of the total.
What Venezuela sells to the United States
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Los Angeles and Puerto La Cruz is 4,056 nautical miles (7,512 km) long: ≈ 9.5–12 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 the United States’ 52nd largest trading partner (0.2% of its trade), and the United States was Venezuela’s largest (38%).
- Venezuela in the United States’ trade
- 0.2%
- Venezuela’s rank among the United States’ partners
- 52nd
- The United States in Venezuela’s trade
- 37.8%
- The United States’ rank among Venezuela’s partners
- 1st
Compare with
Other partners of the United States
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.