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Venezuela Trade Balance 1960-2024

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.
  • Venezuela trade balance for 2014 was $-70.92B, a 302.63% increase from 2013.
  • Venezuela trade balance for 2013 was $-17.61B, a 338.32% decline from 2012.
  • Venezuela trade balance for 2012 was $7.39B, a 77.21% decline from 2011.
  • Venezuela trade balance for 2011 was $32.43B, a 24.49% decline from 2010.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
China $221.55B
Russia $132.22B
Malaysia $31.35B
Kazakhstan $30.36B
Thailand $23.96B
Iraq $20.33B
Azerbaijan $12.84B
Equatorial Guinea $6.00B
Cuba $3.95B
Gabon $2.83B
Iran $1.43B
Ecuador $1.32B
Turkmenistan $1.07B
Paraguay $0.75B
Botswana $0.47B
Belize $0.08B
Nauru $0.00B
Dominica $-0.07B
Marshall Islands $-0.09B
Tonga $-0.18B
Samoa $-0.20B
American Samoa $-0.27B
Fiji $-0.30B
Belarus $-0.61B
Bulgaria $-0.62B
Mauritius $-0.72B
Romania $-0.84B
Montenegro $-0.91B
Costa Rica $-1.28B
North Macedonia $-1.96B
Armenia $-2.17B
Albania $-2.51B
Jamaica $-3.09B
Namibia $-3.11B
Peru $-3.29B
Dominican Republic $-3.49B
Serbia $-3.80B
Algeria $-4.03B
Bosnia $-4.19B
South Africa $-5.71B
Guatemala $-6.71B
Libya $-6.91B
Jordan $-9.46B
Lebanon $-15.54B
Mexico $-16.00B
Colombia $-16.08B
Turkey $-31.50B
Brazil $-65.37B
Venezuela $-70.92B
Venezuela Trade Balance - Historical Data
Year Billions of US $ % of GDP
2014 $-70.92B -14.70%
2013 $-17.61B -4.75%
2012 $7.39B 1.94%
2011 $32.43B 10.25%
2010 $42.95B 10.92%
2009 $-7.84B -2.38%
2008 $31.01B 9.81%
2007 $13.96B 6.06%
2006 $26.37B 14.37%
2005 $27.92B 19.19%
2004 $19.15B 17.03%
2003 $14.32B 17.13%
2002 $11.42B 12.29%
2001 $4.09B 3.33%
2000 $13.63B 11.63%
1999 $3.68B 3.75%
1998 $-1.61B -1.76%
1997 $6.24B 7.27%
1996 $10.37B 14.70%
1995 $3.96B 5.12%
1994 $4.84B 8.29%
1993 $-0.13B -0.22%
1992 $-1.49B -2.47%
1991 $2.65B 4.96%
1990 $9.06B 18.64%
1989 $5.49B 12.61%
1988 $-3.89B -6.46%
1987 $-0.88B -1.83%
1986 $-0.25B -0.42%
1985 $3.51B 5.66%
1984 $4.49B 7.51%
1983 $6.53B 9.66%
1982 $-2.00B -2.96%
1981 $3.71B 5.60%
1980 $4.66B 7.88%
1979 $0.72B 1.49%
1978 $-5.18B -13.17%
1977 $-2.88B -7.96%
1976 $0.27B 0.86%
1975 $2.16B 7.87%
1974 $6.37B 24.40%
1973 $1.62B 9.51%
1972 $0.46B 3.30%
1971 $0.81B 6.27%
1970 $0.52B 4.46%
1969 $0.47B 4.60%
1968 $0.58B 5.79%
1967 $0.90B 9.76%
1966 $0.92B 10.53%
1965 $0.84B 9.95%
1964 $1.00B 12.19%
1963 $1.62B 16.86%
1962 $1.39B 15.77%
1961 $1.19B 14.78%
1960 $0.94B 12.29%