Venezuela, Bolivarian Republic of
South & Central America and the Caribbean
Trade in Venezuela, Bolivarian Republic of
| Venezuela, Bolivarian Republic of was the world’s 111th largest exporter of goods and 146th largest exporter of commercial services in 2025. The export value of goods was $8296 million USD. In 2013, Venezuela, Bolivarian Republic of’s main export destination markets for goods and services trade were to United States, China and Colombia, with trade representing 26.24 per cent of GDP. In terms of imports, Venezuela, Bolivarian Republic of is the world’s 103rd largest importer of goods and 79th largest importer of commercial services. The import value of goods was $14098 million USD in 2025. Venezuela, Bolivarian Republic of’s top import category was manufactures, followed by agricultural products and fuels and mining products. Leading import partners were United States, China and Brazil. Venezuela, Bolivarian Republic of is part of 4 different Regional Trade Agreements, including with Andean Community (CAN), Global System of Trade Preferences among Developing Countries (GSTP) and Latin American Integration Association (LAIA). |
Regional Trade Agreements Database
General InformationThis section includes general information on the economy, legal system, official languages and links to additional demographic information. |
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Official Name |
Bolivarian Republic of Venezuela |
Abbreviation |
VE |
Capital |
Caracas |
WTO Membership Date |
1 January 1995 |
Legal System |
civil law system based on the Spanish civil code |
Language |
Spanish |
Additional Information | |
Financial InformationThis section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance. |
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Currency |
Venezuelan digital bolívar |
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Exchange Rate |
Google Finance Currencies |
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GTFP Confirming Banks Through the IFC's Global Trade Finance Program (GTFP) bank network, local financial institutions can establish working partnerships with a vast number of major international banks in the Program that can broaden access to finance and reduce cash collateral requirements. This extends and complements the capacity of banks to deliver trade finance by providing risk mitigation on a per-transaction basis in challenging markets where trade lines may be limited. |
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Contact InformationThis section includes contact information for business support organizations and national resources. |
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SPS Enquiry Points Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements. |
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TBT Enquiry Points Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements. |
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Additional Information |
ePing alert |
Last Reviewed: October, 2026
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