Venezuela-United States Trade: In 2022, Venezuela exported $438M to United States. The main products that Venezuela exported to United States were Processed Crustaceans ($84.1M), Acyclic Alcohols ($83.5M), and Insulated Wire ($70.1M). Over the past 5 years the exports of Venezuela to United States have decreased at an annualized rate of 49%, from $12.7B in 2017 to $438M in 2022.
In 2022, Venezuela did not export any services to United States.
United States-Venezuela Trade: In 2022, United States exported $2.21B to Venezuela. The main products that United States exported to Venezuela were Soybean Meal ($305M), Broadcasting Equipment ($166M), and Telephones ($151M). Over the past 5 years the exports of United States to Venezuela have decreased at an annualized rate of 11%, from $3.97B in 2017 to $2.21B in 2022.
In 2017, United States exported services to Venezuela worth $3.29B, with Travel ($1.79B), Financial services ($431M), and Transportation ($349M) being the largest in terms of value.
Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). That same year, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).