Exports of goods and services in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Exports of goods and services was 28.68 billion BoP, current US$ in 2016. ◆ Volatile
Exports of goods and services in Venezuela, Bolivarian Republic of, 1970–2016
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for exports of goods and services in Venezuela, Bolivarian Republic of is 28.68 billion BoP, current US$, measured in 2016.
That represents a change of down 26.2% on the previous year and down 57.3% over ten years.
Over the whole period, exports of goods and services in Venezuela, Bolivarian Republic of peaked at 100.03 billion BoP, current US$ in 2012 and was at its lowest, 2.78 billion BoP, current US$, in 1970.
That places Venezuela, Bolivarian Republic of 85th out of 200 countries with data for 2016, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Exports of goods and services in Venezuela, Bolivarian Republic of, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1970 | 2.78 billion BoP, current US$ | — |
| 1971 | 3.30 billion BoP, current US$ | +18.7% |
| 1972 | 3.36 billion BoP, current US$ | +1.8% |
| 1973 | 5.05 billion BoP, current US$ | +50.3% |
| 1974 | 11.62 billion BoP, current US$ | +130.0% |
| 1975 | 9.35 billion BoP, current US$ | -19.5% |
| 1976 | 9.68 billion BoP, current US$ | +3.5% |
| 1977 | 10.16 billion BoP, current US$ | +5.0% |
| 1978 | 9.80 billion BoP, current US$ | -3.6% |
| 1979 | 14.96 billion BoP, current US$ | +52.6% |
| 1980 | 19.97 billion BoP, current US$ | +33.5% |
| 1981 | 20.94 billion BoP, current US$ | +4.9% |
| 1982 | 17.56 billion BoP, current US$ | -16.1% |
| 1983 | 15.84 billion BoP, current US$ | -9.8% |
| 1984 | 16.76 billion BoP, current US$ | +5.8% |
| 1985 | 15.28 billion BoP, current US$ | -8.9% |
| 1986 | 9.49 billion BoP, current US$ | -37.9% |
| 1987 | 11.43 billion BoP, current US$ | +20.4% |
| 1988 | 11.05 billion BoP, current US$ | -3.3% |
| 1989 | 13.99 billion BoP, current US$ | +26.6% |
| 1990 | 18.81 billion BoP, current US$ | +34.4% |
| 1991 | 16.39 billion BoP, current US$ | -12.9% |
| 1992 | 15.51 billion BoP, current US$ | -5.3% |
| 1993 | 16.12 billion BoP, current US$ | +3.9% |
| 1994 | 17.68 billion BoP, current US$ | +9.7% |
| 1995 | 20.75 billion BoP, current US$ | +17.4% |
| 1996 | 25.28 billion BoP, current US$ | +21.8% |
| 1997 | 25.18 billion BoP, current US$ | -0.4% |
| 1998 | 19.13 billion BoP, current US$ | -24.0% |
| 1999 | 22.32 billion BoP, current US$ | +16.6% |
| 2000 | 34.71 billion BoP, current US$ | +55.6% |
| 2001 | 28.04 billion BoP, current US$ | -19.2% |
| 2002 | 27.79 billion BoP, current US$ | -0.9% |
| 2003 | 28.11 billion BoP, current US$ | +1.1% |
| 2004 | 40.78 billion BoP, current US$ | +45.1% |
| 2005 | 57.06 billion BoP, current US$ | +39.9% |
| 2006 | 67.12 billion BoP, current US$ | +17.6% |
| 2007 | 72.06 billion BoP, current US$ | +7.4% |
| 2008 | 98.24 billion BoP, current US$ | +36.3% |
| 2009 | 60.66 billion BoP, current US$ | -38.3% |
| 2010 | 68.73 billion BoP, current US$ | +13.3% |
| 2011 | 95.66 billion BoP, current US$ | +39.2% |
| 2012 | 100.03 billion BoP, current US$ | +4.6% |
| 2013 | 90.97 billion BoP, current US$ | -9.1% |
| 2014 | 76.80 billion BoP, current US$ | -15.6% |
| 2015 | 38.87 billion BoP, current US$ | -49.4% |
| 2016 | 28.68 billion BoP, current US$ | -26.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 8.01 billion BoP, current US$ | 2.78 billion BoP, current US$ | 14.96 billion BoP, current US$ | 10 |
| 1980s | 15.23 billion BoP, current US$ | 9.49 billion BoP, current US$ | 20.94 billion BoP, current US$ | 10 |
| 1990s | 19.72 billion BoP, current US$ | 15.51 billion BoP, current US$ | 25.28 billion BoP, current US$ | 10 |
| 2000s | 51.46 billion BoP, current US$ | 27.79 billion BoP, current US$ | 98.24 billion BoP, current US$ | 10 |
| 2010s | 71.39 billion BoP, current US$ | 28.68 billion BoP, current US$ | 100.03 billion BoP, current US$ | 7 |
Countries ranked near Venezuela, Bolivarian Republic of
- 82 Dominican Republic 30.39 billion BoP, current US$ compare
- 83 Iran, Islamic Republic of 29.73 billion BoP, current US$ compare
- 84 Malta 29.61 billion BoP, current US$ compare
- 86 Uruguay 23.47 billion BoP, current US$ compare
- 87 Jordan 22.73 billion BoP, current US$ compare
- 88 Côte d'Ivoire 22.01 billion BoP, current US$ compare
More economy & growth data for Venezuela, Bolivarian Republic of
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2025)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3.19 Percent per annum (2025)
- Gross capital formation (current US$), annual growth rate 0.7182 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.0593 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 207.15 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 304.81 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 9.81 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 34,274 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -3.39 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.0284 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is exports of goods and services in Venezuela, Bolivarian Republic of?
- Exports of goods and services in Venezuela, Bolivarian Republic of was 28.68 billion BoP, current US$ in 2016, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest exports of goods and services recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 100.03 billion BoP, current US$ in 2012.
- What is the lowest exports of goods and services recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 2.78 billion BoP, current US$ in 1970.
- How does Venezuela, Bolivarian Republic of rank for exports of goods and services?
- Venezuela, Bolivarian Republic of ranks 85th out of 200 countries with data for 2016.
- Is exports of goods and services rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 57.3%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Exports of goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Exports of goods includes changes in the economic ownership of goods from residents of the compiling economy to non-residents, irrespective of physical movement of goods across national borders. Exports of services includes services provided by residents to non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.