Venezuela Import Data

Venezuela Import Data

Venezuela is a growing economy in South America dependent on its oil reserves for the majority of its trades. The booming oil industry has recorded the nation as one of the richest in the world in the past decades. Due to some political instability with its top trade partners, the country has seen a significant loss in both its trade rates and its economy resulting in a decreased trend in GDP growth. Accompanying the oil industry the natural gas reserves of the nation also helps the country in indulging its export rates for stabilizing the economic growth.

The agriculture industry, mining industry, manufacturing industry, and tourism sectors are contributing equally to the annual revenue of the nation to make it boost its economic rank among the top global traders. The GDP of the nation has reached a staggering value of 149.78 billion US dollars in 2023 with an import trade value of 18 billion US dollars.

Venezuela Import Customs Trade Data Shows Top 10 Importing Products In 2023 – Analysis By Chapter

  • 4 billion US dollars with a share of 57%: HS Code – 84
  • 3 billion US dollars with a share of 20%: HS Code – 87
  • 2 billion US dollars with a share of 11%: HS Code – 98
  • 1.5 billion US dollars with a share of 8%: HS Code – 52
  • 1 billion US dollars with a share of 7%: HS Code – 23
  • 800 million US dollars with a share of 4%: HS Code – 02
  • 700 million US dollars with a share of 3.83%: HS Code – 10
  • 500 million US dollars with a share of 3%: HS Code – 15
  • 400 million US dollars with a share of 2%: HS Code – 71
  • 300 million US dollars with a share of 1%: HS Code – 31

Venezuela Import Global Trade Data Shows Top 10
Trading Partners
of Venezuela

  • United States holds a share of 30% worth 6 billion US dollar
  • China holds a share of 20% worth 4 billion US dollars
  • Brazil holds a share of 10% worth 2 billion US dollar
  • Colombia holds a share of 9% worth 1 billion US dollar
  • Mexico holds a share of 6% worth 800 million US dollars
  • Spain holds a share of 4.38% worth 600 million US dollars
  • Germany holds a share of 3% worth 500 million US dollars
  • Italy with a share of 2.54% (1.14 billion US$)
  • France holds a share of 1.96% worth 250 million US dollars
  • Argentina holds a share of 1% worth 100 million US dollar

Venezuela Import Data Sample

HOW IMPORT GLOBALS VENEZUELA IMPORT DATA IS BENEFICIAL FOR BUSINESS GROWTH

Every business needs accurate and detailed information about importing goods from one country to another. The reliable information on import-export trade activity can be a game changer for your business. It helps in efficient business planning and allows making informed decisions about the potential market of your product, where you can grow your business rapidly.

Import Globals provides detailed information on Venezuela's Import Trade by subscribing to Venezuela Import Data you can get access to extensive detailed information on imports into the Venezuela market from worldwide. Venezuela Trade Data includes all major columns such as Importers company, Exporters company, Product Description, HS Code, FOB, CIF, Net Weight, Quantity, ports, Origin Country, etc. This data gives you a well-rounded view of Venezuela's Import trade.

Venezuela Customs Data is collected from the most authenticated documents such as customs shipping bills, bills of entries, bills of lading, customs invoices, etc... It ensures the reliability of the data. Whether you are a new player in the market or an established company it is very necessary to get trustworthy information for business planning. Venezuela Trade Statistics provided by Import Globals gives valuable insight into Venezuela's market to make informed decisions about potential partners.

By using Venezuela Shipments Data, you can stay ahead of market trends and competitors. You can save plenty of time and money in researching potential clients and the market of your product. Not only time and money you can also increase the chance of successful business planning and dealing with the help of Venezuela Trade Data. It is easier for companies to approach clients and negotiate confidently by using Venezuela Trade Statistics.

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