Goods exports in Venezuela
Venezuela: Goods exports was 27.40 billion BoP, current US$ in 2016. ◆ Volatile
Goods exports in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for goods exports in Venezuela is 27.40 billion BoP, current US$, measured in 2016.
Compared with earlier readings it is down 26.4% on the previous year and down 58.2% over ten years.
Over the whole period, goods exports in Venezuela peaked at 97.87 billion BoP, current US$ in 2012 and was at its lowest, 2.64 billion BoP, current US$, in 1970.
That places Venezuela 73rd out of 199 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.66 billion BoP, current US$ | 2.64 billion BoP, current US$ | 14.36 billion BoP, current US$ | 10 |
| 1980s | 14.38 billion BoP, current US$ | 8.66 billion BoP, current US$ | 20.18 billion BoP, current US$ | 10 |
| 1990s | 18.31 billion BoP, current US$ | 14.19 billion BoP, current US$ | 23.87 billion BoP, current US$ | 10 |
| 2000s | 49.99 billion BoP, current US$ | 26.66 billion BoP, current US$ | 96.05 billion BoP, current US$ | 10 |
| 2010s | 69.51 billion BoP, current US$ | 27.40 billion BoP, current US$ | 97.87 billion BoP, current US$ | 7 |
Countries ranked near Venezuela
More economy & growth data for Venezuela
- Services, value added 0 current LCU (2011)
- Exports of goods and services 14.85 billion current US$ (2025)
- Exports of goods and services 2.46 trillion current LCU (2025)
- Exports of goods and services 16.32 billion constant 2015 US$ (2025)
- Exports of goods and services 4.4% (2025)
- Services, value added -0.4% (2014)
- Exports of goods and services 14.9% (2025)
- Gross fixed capital formation -5.1% (2025)
- Gross fixed capital formation 2.15 billion constant 2015 US$ (2025)
- Gross fixed capital formation 754.41 billion current LCU (2025)
Frequently asked questions
- What is goods exports in Venezuela?
- Goods exports in Venezuela was 27.40 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods exports recorded in Venezuela?
- The highest recorded value was 97.87 billion BoP, current US$ in 2012.
- What is the lowest goods exports recorded in Venezuela?
- The lowest recorded value was 2.64 billion BoP, current US$ in 1970.
- How does Venezuela rank for goods exports?
- Venezuela ranks 73rd out of 199 countries with data for 2016.
- Is goods exports rising or falling in Venezuela?
- Over the last ten years it is down 58.2%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods exports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods occur when there are changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.