China / Venezuela

Overview In February 2024, China exported $313M and imported $223M from Venezuela, resulting in a positive trade balance of $90.6M. Between February 2023 and February 2024 the exports of China have increased by $147M (87.9%) from $167M to $313M, while imports increased by $139M (166%) from $83.6M to $223M.

Trade In February 2024, the top exports of China to Venezuela were Air Conditioners ($17.5M), Motorcycles and cycles ($11.9M), Rubber Footwear ($10.4M), Motor vehicles; parts and accessories (8701... ($8.63M), and Bi-Wheel Vehicle Parts ($8.01M). In February 2024 the top imports of China from Venezuela were Petroleum Coke ($41.4M), Iron Ore ($8.91M), Acyclic Alcohols ($5.37M), Crustaceans ($2.61M), and Scrap Copper ($1.72M).

Origins In February 2024 the exports of China were mainly from Guangdong Province ($87.5M), Zhejiang Province ($63.5M), Shanghai Province ($28.3M), Shandong Province ($24.7M), and Fujian Province ($23.1M), while imports destinations were mainly Beijing ($95.8M), Shandong Province ($80.5M), Jiangsu Province ($16M), Hainan Province ($13.2M), and Chongqing ($5.91M).

Growth In February 2024, the increase in China's year-by-year exports to Venezuela was explained primarily by an increase in product exports in Air Conditioners ($15.4M or 746%), Motorcycles and cycles ($9.13M or 329%), and Video Displays ($4.69M or 342%). In February 2024, the increase in China's year-by-year imports  from Venezuela was explained primarily by an increase in product imports  in Petroleum Coke ($38M or 1.13k%), Crustaceans ($896k or 52.3%), and Raw Aluminium ($438k or 40.2%).