Trade & investment · Latin America & Caribbean · Lower-middle income
Venezuela: trade and investment
Exports is 14.9% (2025), 164th of 184 in the world and 26th of 27 in Latin America & Caribbean. Imports is 10.1% (2025), 183rd of 184 in the world and 27th of 27 in Latin America & Caribbean. Trade openness is 25.0% (2025), 182nd of 184 in the world and 26th of 27 in Latin America & Caribbean.
12 indicators
Trade & investment: Venezuela in detail
Latest reported value, world rank and rank within Latin America & Caribbean; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 14.9%2025 | 164/184 | 26/27 | 0.0% | 0.0% | 13.0% | −25.9 ppsince 2015 | 26.1% | 23.2% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 10.1%2025 | 183/184 | 27/27 | 0.0% | 0.0% | 13.1% | −9.5 ppsince 2015 | 26.4% | 26.3% | 28.5% | |
| Trade opennessTrade, % of GDP | 25.0%2025 | 182/184 | 26/27 | 0.0% | 0.0% | 26.1% | −35.4 ppsince 2015 | 49.1% | 46.6% | 68.5% | |
| Current accountCurrent account balance, % of GDP | 0.6%2025 | 69/185 | 10/35 | 10.1% | 1.1% | -20.0% | +10.0 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $8.6bn2025 | 111/206 | 18/39 | $33.5bn | $65.7bn | $5.0bn | −77%since 2015 | $1.7tn | $1.1tn | $26.4tn | |
| Fuel exportsFuel exports, % of merchandise exports | 97.7%2013 | — | — | 86.1% | 93.4% | · | +15.4 ppsince 2003 | 8.8% | 24.8% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 0.0%2013 | — | — | 1.5% | 0.2% | · | −1.0 ppsince 2003 | 23.6% | 13.8% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 12.8%2022 | 19/184 | 7/35 | 13.4% | 10.0% | 14.1% | +4.2 ppsince 2012 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | -0.5%2025 | 185/197 | 37/38 | 4.0% | 0.6% | -0.5% | −2.8 ppsince 2015 | 2.8% | 1.5% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 4.3%2025 | 59/178 | 12/35 | 0.0% | 0.0% | 6.1% | +4.1 ppsince 2015 | 2.4% | 5.8% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 429,0002017 | 132/196 | 30/41 | 602,000 | 535,000 | · | −52%since 2007 | 202m | 208m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $546m2016 | 94/177 | 23/36 | $469m | $885m | · | −35%since 2006 | $105bn | $145bn | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Venezuela and its neighbours
Countries sharing a land border with Venezuela. Latest values since 2005; the highest in each row is marked.
| Indicator | Venezuela | United States | Brazil | United Kingdom | France | Colombia |
|---|---|---|---|---|---|---|
| Exports | 14.9%2025 | 11.0%2024 | 17.8%2025 | 30.6%2025 | 33.4%2025 | 15.0%2025 |
| Imports | 10.1%2025 | 14.0%2024 | 17.5%2025 | 31.9%2025 | 33.8%2025 | 20.4%2025 |
| Trade openness | 25.0%2025 | 25.0%2024 | 35.3%2025 | 62.5%2025 | 67.2%2025 | 35.4%2025 |
| Current account | 0.6%2025 | -3.8%2025 | -2.9%2025 | -3.1%2025 | -0.3%2025 | -2.4%2025 |
| Merchandise exports | $8.6bn2025 | $2.2tn2025 | $348bn2025 | $556bn2025 | $683bn2025 | $50.1bn2025 |
| Fuel exports | 97.7%2013 | 17.3%2025 | 16.1%2025 | 7.2%2025 | 3.8%2025 | 34.9%2025 |
| Food exports | 0.0%2013 | 9.0%2025 | 40.7%2025 | 6.7%2025 | 13.4%2025 | 25.4%2025 |
| Average tariff | 12.8%2022 | 1.5%2022 | 7.3%2022 | 1.0%2022 | 1.3%2022 | 2.8%2022 |
| FDI inflows | -0.5%2025 | 1.0%2025 | 3.4%2025 | 0.9%2025 | 1.8%2025 | 2.5%2025 |