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Does Venezuela export goods?

Does Venezuela export goods?

Venezuela exports rice, corn, fish, tropical fruit, coffee, beef and pork. The country is not self-sufficient in most areas of agriculture.

What are the top 3 Imports of Venezuela?

Venezuela main imports are: electronics (32 percent of total imports), chemical products (18 percent), agricultural products and livestock (11 percent), base metals (8 percent) and food, beverages and tobacco (6 percent).

What products does Venezuela export to the US?

In 2019, Venezuela exported $1.82B to United States. The main products exported from Venezuela to United States were Crude Petroleum ($1.26B), Refined Petroleum ($257M), and Processed Crustaceans ($44.5M).

What does Venezuela Import Export?

Traditionally, petroleum represents more than 85% of Venezuela’s exports. Other exports include gold (8.6%), acyclic alcohols (1.6%), aluminium (0.5%), iron ores (0.5%), and crustaceans (0.2%). The country mainly imports refined petroleum (42.3%), corn (2.9%), rice (2.7%), wheat (2.6%), and soybean oil (2.1%).

What are the major imports and exports of Venezuela?

Major export commodities in Venezuela, besides petroleum and gas are: Major import commodities in Venezuela are machinery and equipment, construction materials and other raw materials, to support its domestic industries and increase exports.

What does Venezuela trade with US?

In spite of strained relations between the two countries, the United States has been Venezuela’s most important trading partner. American exports to Venezuela have included machinery, agricultural products, medical instruments and cars. Venezuela is one of the top four suppliers of foreign oil to the United States.

What are the major industries in Venezuela?

Leading Industries in Venezuela. The economy of Venezuela is mainly based on petroleum exploitation and manufacturing. Petroleum alone makes up more than 50% of the country’s total GDP. The most common products from the manufacturing sector include aluminum, cement, steel, electronics, automobiles, and food and drinks.

What are the major products of Venezuela?

Coffee. From the 18th century until the beginning of the 20th century,Venezuela became the largest exporter of coffee in the world.

  • Cocoa. Historically it has been one of the pillars of the economy of the country during the colonial time,when the quality of this one was recognized all over the
  • Rice.
  • Tobacco.
  • Sugar cane.