Exports: In 2018, Venezuela exported $3.37M in Packaged Medicaments, making it the 107th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 51st most exported product in Venezuela. The main destination of Packaged Medicaments exports from Venezuela are: Canada ($1.37M), Brazil ($1.35M), Ecuador ($300k), Nicaragua ($114k), and Peru ($104k).
The fastest growing export markets for Packaged Medicaments of Venezuela between 2017 and 2018 were Canada ($1.37M), Brazil ($329k), and Costa Rica ($41.6k).
Imports: In 2018, Venezuela imported $65.7M in Packaged Medicaments, becoming the 134th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 19th most imported product in Venezuela. Venezuela imports Packaged Medicaments primarily from: India ($34.5M), Germany ($6.43M), Turkey ($5.35M), China ($3.5M), and Colombia ($2.86M).
The fastest growing import markets in Packaged Medicaments for Venezuela between 2017 and 2018 were Turkey ($5.35M), Chile ($660k), and China ($648k).
Tariffs: In 2018, the average tariff for Venezuela in Packaged Medicaments was 7.92%. The countries with the highest import tariffs for Packaged Medicaments were Mexico (9.81%), Panama (8.92%), Angola (8.23%), Burundi (8.23%), and Benin (8.23%).