Medium and high-tech exports (% manufactured exports) in Venezuela
Venezuela: Medium and high-tech exports (% manufactured exports) was 9.7% in 2024. ◆ Volatile
Medium and high-tech exports in Venezuela, 1990–2024
Source: Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO). Measured in % manufactured exports.
Analysis
In 2024, medium and high-tech exports in Venezuela stood at 9.7%.
Compared with earlier readings it is unchanged over ten years.
Over the whole period, medium and high-tech exports in Venezuela peaked at 53.2% in 2006 and was at its lowest, 3.8%, in 2012.
Venezuela ranks 126th of 153 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Medium and high-tech exports (% manufactured exports) in Venezuela, year by year
| Year | % manufactured exports | Change |
|---|---|---|
| 1990 | 32.4% | — |
| 1991 | 8.9% | -72.5% |
| 1992 | 10.2% | +14.6% |
| 1993 | 13.7% | +34.4% |
| 1994 | 16.2% | +18.2% |
| 1995 | 15.3% | -5.4% |
| 1996 | 16.0% | +4.1% |
| 1997 | 16.3% | +1.9% |
| 1998 | 21.5% | +31.9% |
| 1999 | 14.2% | -33.8% |
| 2000 | 12.2% | -14.2% |
| 2001 | 15.8% | +30.0% |
| 2002 | 39.6% | +150.0% |
| 2003 | 50.4% | +27.1% |
| 2004 | 15.6% | -69.0% |
| 2005 | 14.8% | -4.9% |
| 2006 | 53.2% | +258.1% |
| 2007 | 53.2% | +0.0% |
| 2008 | 10.3% | -80.7% |
| 2009 | 4.8% | -53.3% |
| 2010 | 8.1% | +69.0% |
| 2011 | 8.1% | +0.0% |
| 2012 | 3.8% | -53.5% |
| 2013 | 9.7% | +156.0% |
| 2014 | 9.7% | +0.0% |
| 2015 | 9.7% | +0.0% |
| 2016 | 9.7% | +0.0% |
| 2017 | 9.7% | +0.0% |
| 2018 | 9.7% | +0.0% |
| 2019 | 9.7% | +0.0% |
| 2020 | 9.7% | +0.0% |
| 2021 | 9.7% | +0.0% |
| 2022 | 9.7% | +0.0% |
| 2023 | 9.7% | +0.0% |
| 2024 | 9.7% | +0.0% |
Venezuela compared with similar countries
- Venezuela's 9.7% is below the median for lower middle income countries, which is 18.9%, 51% of the median. (34 countries reporting)
- Venezuela's 9.7% is below the median for Latin America & Caribbean, which is 24.6%, 39% of the median. (26 countries reporting)
Biggest year-on-year movements
Years where Medium and high-tech exports (% manufactured exports) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +258.1% | 14.8% | 53.2% |
| 2013 | +156.0% | 3.8% | 9.7% |
| 2002 | +150.0% | 15.8% | 39.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.5% | 8.9% | 32.4% | 10 |
| 2000s | 27.0% | 4.8% | 53.2% | 10 |
| 2010s | 8.8% | 3.8% | 9.7% | 10 |
| 2020s | 9.7% | 9.7% | 9.7% | 5 |
Countries ranked near Venezuela
More private sector data for Venezuela
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Commercial service imports 5.95 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Commercial service exports 1.12 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
Frequently asked questions
- What is medium and high-tech exports in Venezuela?
- Medium and high-tech exports in Venezuela was 9.7% in 2024, according to Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO).
- What is the highest medium and high-tech exports recorded in Venezuela?
- The highest recorded value was 53.2% in 2006.
- What is the lowest medium and high-tech exports recorded in Venezuela?
- The lowest recorded value was 3.8% in 2012.
- How does Venezuela rank for medium and high-tech exports?
- Venezuela ranks 126th out of 153 countries with data for 2024.
- Is medium and high-tech exports rising or falling in Venezuela?
- Over the last ten years it is unchanged. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Competitive Industrial Performance (CIP) database, UN Industrial Development Organization (UNIDO), published as part of Medium and high-tech exports (% manufactured exports). Statizoid updates them automatically from the source API.
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About this data
Share of medium and high-tech manufactured exports in total manufactured exports.