China / Venezuela

Overview In October 2024, China exported $417M and imported $53.9M from Venezuela, resulting in a positive trade balance of $363M. Between October 2023 and October 2024 the exports of China have increased by $125M (42.8%) from $292M to $417M, while imports increased by $8.82M (19.6%) from $45.1M to $53.9M.

Trade In October 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 October 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 October 2024 the exports of China were mainly from Guangdong Province ($129M), Zhejiang Province ($102M), Jiangsu Province ($35.6M), Shandong Province ($27.9M), and Fujian Province ($18.5M), while imports destinations were mainly Jiangsu Province ($40.7M), Jiangxi Province ($4.89M), Guangdong Province ($3.23M), Zhejiang Province ($2.69M), and Tianjin ($896k).

Growth In October 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 October 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%).