Venezuela Trade Balance

1994 - 2014 | Monthly | USD mn | CEIC Data

Key information about Venezuela's Trade Balance

  • Venezuela's Trade Balance recorded a deficit of 3.4 USD bn in Oct 2014, compared with a deficit of 4.2 USD bn in the previous month
  • Venezuela's Trade Balance data is updated monthly, available from Jan 1994 to Oct 2014, with an averaged value of -980.5 USD mn
  • The data reached an all-time high of -60.7 USD mn in Apr 2003 and a record low of -5.3 USD bn in Nov 2012
CEIC calculates monthly Trade Balance from monthly Total Exports and monthly Total Imports. The National Institute of Statistics provides Total Exports and Total Imports in USD.

Further information about Venezuela's Trade Balance

  • In the latest reports, Venezuela's Total Exports reached 196.9 USD mn in Oct 2014, an increase of 12.8% YoY (year-on-year)
  • Total Imports recorded 3.6 USD bn in Oct 2014, a decrease of 12.8% YoY (year-on-year)

View Venezuela's Trade Balance from Jan 1994 to Oct 2014 in the chart:

Venezuela Trade Balance

What was Venezuela's Trade Balance in Oct 2014?

Venezuela's Trade Balance recorded a deficit of 3.4 USD bn in Oct 2014, compared with a deficit of 4.2 USD bn in the previous month See the table below for more data.

Last Previous Min Max Unit Frequency Range
-3,437.1 Oct 2014 -4,228.3 Sep 2014 -5,319.9 Nov 2012 -60.7 Apr 2003 USD mn monthly Jan 1994 - Oct 2014

Trade Balance by Country Comparison

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country/region Last Frequency Range
Albania (USD mn) -402.6 Nov 2023 monthly Oct 1998 - Nov 2023
Algeria (USD mn) -274.8 Mar 2020 monthly Jan 2000 - Mar 2020
Argentina (USD mn) 1,345.7 Feb 2024 monthly Jan 1991 - Feb 2024
Armenia (USD mn) 102.3 Feb 2024 monthly Nov 1995 - Feb 2024
Australia (USD mn) 4,748.7 Feb 2024 monthly Jul 1971 - Feb 2024
Austria (USD mn) 1,200.8 Oct 2023 monthly Jan 1957 - Oct 2023
Azerbaijan (USD mn) 701.9 Jan 2024 monthly Jan 2000 - Jan 2024
Bahrain (USD mn) 8,242.9 2022 yearly 1966 - 2022
Bangladesh (USD mn) -2,231.5 Jan 2024 monthly Jul 1986 - Jan 2024
Belarus (USD mn) 98.5 Jan 2024 monthly Jan 2000 - Jan 2024
Belgium (USD mn) 1,030.9 Jan 2024 monthly Jan 1993 - Jan 2024
Bolivia (USD mn) -174.3 Jan 2024 monthly Oct 1994 - Jan 2024
Bosnia and Herzegovina (USD mn) -657.5 Feb 2024 monthly Jan 2000 - Feb 2024
Botswana (USD mn) -198.3 Jan 2024 monthly Jan 2001 - Jan 2024
Brazil (USD mn) 7,482.7 Mar 2024 monthly Jan 1959 - Mar 2024
Brunei (USD mn) 685.7 Dec 2023 monthly Jan 2010 - Dec 2023
Bulgaria (USD mn) -684.4 Jan 2024 monthly Jan 1995 - Jan 2024
Cambodia (USD mn) -60.2 Feb 2024 monthly Jun 2013 - Feb 2024
Canada (USD mn) 1,030.8 Feb 2024 monthly Jan 1988 - Feb 2024
Chile (USD mn) 1,769.8 Mar 2024 monthly Jan 1968 - Mar 2024
China (USD mn) 39,705.5 Feb 2024 monthly Jan 1992 - Feb 2024
Colombia (USD mn) -1,213.2 Jan 2024 monthly Jan 1958 - Jan 2024
Croatia (USD mn) -1,343.3 Jan 2024 monthly Jan 1993 - Jan 2024
Cyprus (USD mn) -617.5 Jan 2024 monthly Jan 1957 - Jan 2024
Czech Republic (USD mn) 3,162.3 Feb 2024 monthly Jan 1996 - Feb 2024
Denmark (USD mn) 1,145.3 Feb 2024 monthly Jan 1997 - Feb 2024
Ecuador (USD mn) 439.4 Jan 2024 monthly Mar 1992 - Jan 2024
Egypt (USD mn) -2,724.0 Feb 2024 monthly Jan 1957 - Feb 2024
Estonia (USD mn) -217.8 Feb 2024 monthly Jan 1993 - Feb 2024
European Union (USD mn) 26,688.4 Jan 2024 monthly Jan 2002 - Jan 2024
Finland (USD mn) -300.0 Dec 2023 monthly Jan 1992 - Dec 2023
France (USD mn) -8,052.2 Jan 2024 monthly Jan 2000 - Jan 2024
Georgia (USD mn) -650.6 Feb 2024 monthly Jan 1995 - Feb 2024
Germany (USD mn) 23,053.8 Feb 2024 monthly Jan 1957 - Feb 2024
Ghana (USD mn) 112.7 Aug 2023 monthly Mar 2005 - Aug 2023
Greece (USD mn) -3,274.6 Feb 2024 monthly Jan 2002 - Feb 2024
Hong Kong SAR, China (USD mn) -5,325.0 Feb 2024 monthly Jan 1957 - Feb 2024
Hungary (USD mn) 0.0 Feb 2024 monthly Jan 1976 - Feb 2024
Iceland (USD mn) -111.0 Feb 2024 monthly Jan 1957 - Feb 2024
India (USD mn) -18,710.0 Feb 2024 monthly Jan 1957 - Feb 2024
Indonesia (USD mn) 867.0 Feb 2024 monthly Jan 1967 - Feb 2024
Iran (USD mn) 22,668.0 2021 yearly 1948 - 2021
Ireland (USD mn) 9,552.3 Jan 2024 monthly Jan 1970 - Jan 2024
Israel (USD mn) -2,822.3 Feb 2024 monthly Jan 1988 - Feb 2024
Italy (USD mn) 7,379.7 Jan 2024 monthly Jan 1993 - Jan 2024
Ivory Coast (USD mn) 1,715.9 Dec 2023 monthly Jan 1981 - Dec 2023
Japan (USD mn) -3,018.4 Feb 2024 monthly Apr 1995 - Feb 2024
Jordan (USD mn) -942.6 Jan 2024 monthly Jan 1972 - Jan 2024
Kazakhstan (USD mn) 1,721.3 Jan 2024 monthly Sep 1995 - Jan 2024
Kenya (USD mn) -957.2 Jan 2024 monthly Oct 1992 - Jan 2024
South Korea (USD mn) 4,291.2 Mar 2024 monthly Jan 1966 - Mar 2024
Kosovo (USD mn) -429.0 Feb 2024 monthly Jan 2003 - Feb 2024
Kuwait (USD mn) 1,817.0 Mar 2021 monthly Jan 1993 - Mar 2021
Kyrgyzstan (USD mn) -806.2 Jan 2024 monthly Jan 2002 - Jan 2024
Laos (USD mn) 97.3 Sep 2023 quarterly Dec 1992 - Sep 2023
Latvia (USD mn) 43.7 Jan 2024 monthly Jan 1995 - Jan 2024
Lebanon (USD mn) -397.4 Aug 2023 monthly Jan 1993 - Aug 2023
Lithuania (USD mn) -125.5 Feb 2024 monthly Jan 1999 - Feb 2024
Luxembourg (USD mn) -668.8 Jan 2024 monthly Jan 1988 - Jan 2024
Macau SAR, China (USD mn) -977.3 Feb 2024 monthly Jan 1998 - Feb 2024
North Macedonia (USD mn) -309.5 Feb 2024 monthly Dec 1993 - Feb 2024
Malawi (USD mn) -42.8 Feb 2023 monthly Jan 1964 - Feb 2023
Malaysia (USD mn) 2,506.1 Feb 2024 monthly Jan 1990 - Feb 2024
Malta (USD mn) -188.9 Feb 2024 monthly Jan 1960 - Feb 2024
Mauritius (USD mn) -310.5 Jan 2024 monthly Jan 2006 - Jan 2024
Mexico (USD mn) -1,609.5 Feb 2024 monthly Jan 1993 - Feb 2024
Moldova (USD mn) -498.7 Dec 2023 monthly Jan 1992 - Dec 2023
Mongolia (USD mn) 252.4 Feb 2024 monthly Jan 1997 - Feb 2024
Montenegro (USD mn) -280.4 Dec 2023 monthly Jan 2005 - Dec 2023
Morocco (USD mn) -4,150.1 Feb 2024 monthly Jan 1957 - Feb 2024
Mozambique (USD mn) 89.3 Dec 2023 monthly Jan 2011 - Dec 2023
Myanmar (USD mn) 183.9 Jul 2022 monthly Jan 1957 - Jul 2022
Nepal (USD mn) -893.2 Mar 2024 monthly Aug 1974 - Mar 2024
Netherlands (USD mn) 12,662.3 Feb 2024 monthly Jan 1996 - Feb 2024
New Zealand (USD mn) -133.5 Feb 2024 monthly Jan 1960 - Feb 2024
Nigeria (USD mn) 1,889.4 Sep 2023 monthly Jan 2003 - Sep 2023
Norway (USD mn) 4,906.7 Feb 2024 monthly Jan 1957 - Feb 2024
Oman (USD mn) 2,280.9 Jan 2024 monthly Jan 1975 - Jan 2024
Pakistan (USD mn) -2,171.0 Mar 2024 monthly Jan 1968 - Mar 2024
Palestinian Territory (USD mn) -354.9 Jan 2024 monthly Jan 2011 - Jan 2024
Panama (USD mn) -1,031.9 Jan 2024 monthly Jan 1964 - Jan 2024
Paraguay (USD mn) 349.0 Feb 2024 monthly Jan 1994 - Feb 2024
Peru (USD mn) 1,473.3 Jan 2024 monthly Jan 1985 - Jan 2024
Philippines (USD mn) -4,221.1 Jan 2024 monthly Jan 1957 - Jan 2024
Poland (USD mn) 1,590.4 Jan 2024 monthly Jan 1986 - Jan 2024
Portugal (USD mn) -2,543.2 Feb 2024 monthly Jan 1957 - Feb 2024
Qatar (USD mn) 4,964.0 Feb 2024 monthly Jan 2014 - Feb 2024
Romania (USD mn) -2,346.4 Feb 2024 monthly Aug 1990 - Feb 2024
Russia (USD mn) 10,731.9 Jan 2023 monthly Jan 1998 - Jan 2023
Saudi Arabia (USD mn) 111,202.9 2023 yearly 1957 - 2023
Serbia (USD mn) -769.3 Feb 2024 monthly Jan 2001 - Feb 2024
Singapore (USD mn) 4,438.4 Feb 2024 monthly Jan 1976 - Feb 2024
Slovakia (USD mn) 700.9 Feb 2024 monthly Jan 2004 - Feb 2024
Slovenia (USD mn) -1,069.1 Feb 2024 monthly Nov 1991 - Feb 2024
South Africa (USD mn) 738.4 Feb 2024 monthly Oct 2004 - Feb 2024
Spain (USD mn) -3,292.3 Jan 2024 monthly Feb 1974 - Jan 2024
Sri Lanka (USD mn) -319.1 Feb 2024 monthly Jan 1982 - Feb 2024
Sudan (USD mn) -829.9 Dec 2022 monthly Jan 2003 - Dec 2022
Sweden (USD mn) 891.9 Feb 2024 monthly Jan 1957 - Feb 2024
Switzerland (USD mn) 4,304.1 Feb 2024 monthly Jan 1957 - Feb 2024

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Venezuela Key Series

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Includes 186 key indicators for Venezuela, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -4.9 2012 yearly 1998 - 2012
National Government Debt (USD mn) 105,131.7 2016 yearly 1996 - 2016
Government Debt: % of GDP (%) 3.5 2016 yearly 1997 - 2016
Forecast: Government Expenditure (VED bn) 77.122 2022 yearly 2018 - 2022
Forecast: Government Net Debt (VED bn) 1,025.990 2022 yearly 2018 - 2022
Forecast: Government Revenue (VED bn) 38.363 2022 yearly 2019 - 2022
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 14.278 2024 yearly 1983 - 2024
Trade Balance (USD mn) -3,437.1 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports (USD mn) 196.9 Oct 2014 monthly Jan 1994 - Oct 2014
Total Exports Growth (%) 37.5 Oct 2014 monthly Jan 1995 - Oct 2014
Aluminum: Exports (USD th) 42,334.950 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 1,928.464 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 3,700.976 2022 yearly 1995 - 2022
Total Imports (USD mn) 3,634.0 Oct 2014 monthly Jan 1994 - Oct 2014
Total Imports Growth (%) -12.8 Oct 2014 monthly Jan 1995 - Oct 2014
Imports: Medicament (USD th) 381,424.669 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 162,048.898 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 334.587 Dec 2023 monthly Jan 1981 - Dec 2023
Total Imports from USA (USD mn) 259.513 Dec 2023 monthly Jan 1981 - Dec 2023
Total Exports to China (USD mn) 36.463 Dec 2023 monthly Jan 2000 - Dec 2023
Total Imports from China (USD mn) 398.033 Dec 2023 monthly Jan 2000 - Dec 2023
Exports: ytd: Netherlands (USD mn) 210.219 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Transportation (USD mn) 143.917 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mexico (USD mn) 31.886 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Mineral Product (USD mn) 577.323 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Metal (USD mn) 227.068 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Chemical Product (USD mn) 1,016.192 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Ecuador (USD mn) 8.988 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Colombia (USD mn) 240.059 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: United States (USD mn) 647.531 Oct 2014 monthly Jan 1998 - Oct 2014
Exports: ytd: Electrical Equipment (USD mn) 19.331 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Colombia (USD mn) 1,758.351 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Agricultural (Vegetal) (USD mn) 4,399.031 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Mineral (USD mn) 1,074.772 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Brazil (USD mn) 3,405.413 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Germany (USD mn) 862.891 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Plastic and Manufacturing Product (USD mn) 1,562.038 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: United States (USD mn) 7,699.659 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: China (USD mn) 4,614.360 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Paper (USD mn) 610.290 Oct 2014 monthly Jan 1998 - Oct 2014
Imports: ytd: Food, Beverages and Tobacco (USD mn) 2,281.712 Oct 2014 monthly Jan 1998 - Oct 2014
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 234.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance (USD mn) 2,533.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Current Account Balance: % of GDP (%) 0.0 2017 yearly 1970 - 2017
Foreign Direct Investment (USD mn) 105.0 Mar 2019 quarterly Mar 1994 - Mar 2019
Foreign Direct Investment: % of GDP (%) -0.0 2017 yearly 1970 - 2017
Foreign Portfolio Investment (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: % of GDP (%) -0.0 2017 yearly 1997 - 2017
Foreign Portfolio Investment: Equity Securities (USD mn) 0.0 Mar 2019 quarterly Mar 1997 - Mar 2019
Foreign Portfolio Investment: Debt Securities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt (USD mn) 110,159.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: % of GDP (%) 0.6 2017 yearly 1997 - 2017
External Debt: Short Term (USD mn) 44,489.0 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Short Term: % of GDP (%) 0.2 2017 yearly 1997 - 2017
Forecast: Current Account Balance (USD bn) 3.318 2024 yearly 1980 - 2024
Net International Investment Position (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Capital Account (USD mn) 0.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Goods (USD mn) 5,680.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account (USD mn) -1,617.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Liabilities (USD mn) 581.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Income (USD mn) -1,975.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment (USD mn) 585.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Reserves: Assets (USD mn) -325.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Other Investment (USD mn) -2,073.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Current Account: Services (USD mn) -1,663.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Portfolio Investment: Assets (USD mn) 4.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Financial Account: Direct Investment (USD mn) -129.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Balance of Payments: Net Errors and Omissions (USD mn) -620.000 Mar 2019 quarterly Mar 1997 - Mar 2019
International Investment Position (IIP) (USD mn) 110,721.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Assets (USD mn) 220,971.000 Mar 2019 quarterly Mar 1997 - Mar 2019
IIP: Liabilities (USD mn) 110,250.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Private: Total (USD mn) 18,645.000 Mar 2019 quarterly Mar 1997 - Mar 2019
External Debt: Public: Total (USD mn) 91,514.000 Mar 2019 quarterly Mar 1997 - Mar 2019
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 0.3 Jul 2018 monthly Jan 2004 - Jul 2018
Household Debt: % of GDP (%) 3.4 2017 yearly 2004 - 2017
Non-Performing Loans (USD mn) 6.427 Mar 2023 monthly Jan 2004 - Mar 2023
Money Supply M1 (USD mn) 2,215.434 Feb 2024 monthly Jan 1996 - Feb 2024
Money Supply M2 (USD mn) 2,218.030 Feb 2024 monthly Jan 1996 - Feb 2024
M2 Growth (%) 204.5 Feb 2024 monthly Jan 1997 - Feb 2024
Reserve Requirement Ratio (%) 73.0 Mar 2024 monthly Jan 2004 - Mar 2024
Foreign Exchange Reserves (USD mn) 9,803.0 Mar 2024 monthly Dec 1961 - Mar 2024
Foreign Exchange Reserves: % of GDP (%) 0.048 2017 yearly 1995 - 2017
Foreign Exchange Reserves: Months of Import (NA) 7.1 Dec 2023 monthly Jan 1981 - Dec 2023
Gold Reserves (USD mn) 3,860.418 Feb 2024 monthly Dec 1950 - Feb 2024
Total Deposits (USD mn) 159.256 Mar 2023 monthly Jan 2005 - Mar 2023
Total Deposits Growth (%) 344.5 Mar 2023 monthly Jan 2006 - Mar 2023
Domestic Credit (USD mn) 279,943.9 Aug 2014 monthly Jan 1966 - Aug 2014
Domestic Credit Growth (%) 70.2 Aug 2014 monthly Jan 1967 - Aug 2014
Household Debt (USD mn) 27.5 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans (USD mn) 881.730 Mar 2023 monthly Jan 2004 - Mar 2023
Total Loans Growth (%) 1,260.58 Mar 2023 monthly Jan 2005 - Mar 2023
Private Debt: % of Nominal GDP (%) 39.51 2014 yearly 1960 - 2014
International Reserve: Total (USD mn) 9,803.000 Mar 2024 monthly Jan 1996 - Mar 2024

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