Goods imports in Venezuela
Venezuela: Goods imports was 16.34 billion BoP, current US$ in 2016. ◆ Volatile
Goods imports in Venezuela, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Venezuela recorded 16.34 billion BoP, current US$ for goods imports in 2016.
The figure is down 50.9% on the previous year and down 51.3% over ten years.
Over the whole period, goods imports in Venezuela peaked at 65.92 billion BoP, current US$ in 2012 and was at its lowest, 1.71 billion BoP, current US$, in 1970.
That places Venezuela 91st out of 199 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.66 billion BoP, current US$ | 1.71 billion BoP, current US$ | 11.23 billion BoP, current US$ | 10 |
| 1980s | 9.39 billion BoP, current US$ | 6.41 billion BoP, current US$ | 13.58 billion BoP, current US$ | 10 |
| 1990s | 11.75 billion BoP, current US$ | 6.86 billion BoP, current US$ | 16.62 billion BoP, current US$ | 10 |
| 2000s | 27.45 billion BoP, current US$ | 10.47 billion BoP, current US$ | 51.17 billion BoP, current US$ | 10 |
| 2010s | 44.88 billion BoP, current US$ | 16.34 billion BoP, current US$ | 65.92 billion BoP, current US$ | 7 |
Countries ranked near Venezuela
- 88 Lebanon 16.69 billion BoP, current US$ compare
- 89 El Salvador 16.66 billion BoP, current US$ compare
- 90 Georgia 16.47 billion BoP, current US$ compare
- 92 Bosnia and Herzegovina 16.27 billion BoP, current US$ compare
- 93 Syria 15.88 billion BoP, current US$ compare
- 94 Angola 15.52 billion BoP, current US$ compare
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 imports in Venezuela?
- Goods imports in Venezuela was 16.34 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 imports recorded in Venezuela?
- The highest recorded value was 65.92 billion BoP, current US$ in 2012.
- What is the lowest goods imports recorded in Venezuela?
- The lowest recorded value was 1.71 billion BoP, current US$ in 1970.
- How does Venezuela rank for goods imports?
- Venezuela ranks 91st out of 199 countries with data for 2016.
- Is goods imports rising or falling in Venezuela?
- Over the last ten years it is down 51.3%. 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 imports (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 47 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, 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.