Merchandise imports by the reporting economy in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Merchandise imports by the reporting economy was 12.27 billion current US$ in 2023. ◆ Volatile
Latest (2023)
12.27 billion current US$
Change on year
up 5.2%
World rank
103rd
of 206 countries
All-time high
59.20 billion current US$
in 2012
All-time low
929.30 million current US$
in 1963
Years of data
64
1960–2023
Merchandise imports by the reporting economy in Venezuela, Bolivarian Republic of, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Venezuela, Bolivarian Republic of recorded 12.27 billion current US$ for merchandise imports by the reporting economy in 2023.
Compared with earlier readings it is up 5.2% on the previous year and down 73.4% over ten years.
Over the whole period, merchandise imports by the reporting economy in Venezuela, Bolivarian Republic of peaked at 59.20 billion current US$ in 2012 and was at its lowest, 929.30 million current US$, in 1963.
That places Venezuela, Bolivarian Republic of 103rd out of 206 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports by the reporting economy in Venezuela, Bolivarian Republic of, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 1.13 billion current US$ | — |
| 1961 | 1.06 billion current US$ | -6.1% |
| 1962 | 1.05 billion current US$ | -0.8% |
| 1963 | 929.30 million current US$ | -11.7% |
| 1964 | 1.23 billion current US$ | +32.3% |
| 1965 | 1.41 billion current US$ | +14.8% |
| 1966 | 1.31 billion current US$ | -7.5% |
| 1967 | 1.44 billion current US$ | +10.3% |
| 1968 | 1.66 billion current US$ | +15.6% |
| 1969 | 1.69 billion current US$ | +1.6% |
| 1970 | 1.91 billion current US$ | +12.7% |
| 1971 | 1.94 billion current US$ | +2.1% |
| 1972 | 2.25 billion current US$ | +15.9% |
| 1973 | 2.66 billion current US$ | +18.2% |
| 1974 | 4.01 billion current US$ | +50.4% |
| 1975 | 5.54 billion current US$ | +38.2% |
| 1976 | 6.68 billion current US$ | +20.5% |
| 1977 | 9.33 billion current US$ | +39.7% |
| 1978 | 11.27 billion current US$ | +20.8% |
| 1979 | 10.31 billion current US$ | -8.5% |
| 1980 | 11.94 billion current US$ | +15.8% |
| 1981 | 13.00 billion current US$ | +8.9% |
| 1982 | 12.47 billion current US$ | -4.1% |
| 1983 | 6.06 billion current US$ | -51.4% |
| 1984 | 7.40 billion current US$ | +22.1% |
| 1985 | 7.73 billion current US$ | +4.4% |
| 1986 | 8.11 billion current US$ | +5.0% |
| 1987 | 9.29 billion current US$ | +14.4% |
| 1988 | 12.27 billion current US$ | +32.2% |
| 1989 | 7.22 billion current US$ | -41.1% |
| 1990 | 6.53 billion current US$ | -9.6% |
| 1991 | 10.73 billion current US$ | +64.2% |
| 1992 | 13.16 billion current US$ | +22.6% |
| 1993 | 12.10 billion current US$ | -8.1% |
| 1994 | 7.91 billion current US$ | -34.6% |
| 1995 | 10.63 billion current US$ | +34.5% |
| 1996 | 8.77 billion current US$ | -17.5% |
| 1997 | 13.10 billion current US$ | +49.5% |
| 1998 | 14.14 billion current US$ | +7.9% |
| 1999 | 11.44 billion current US$ | -19.1% |
| 2000 | 15.26 billion current US$ | +33.4% |
| 2001 | 17.10 billion current US$ | +12.1% |
| 2002 | 12.18 billion current US$ | -28.8% |
| 2003 | 8.20 billion current US$ | -32.7% |
| 2004 | 14.70 billion current US$ | +79.2% |
| 2005 | 21.08 billion current US$ | +43.4% |
| 2006 | 29.47 billion current US$ | +39.8% |
| 2007 | 45.49 billion current US$ | +54.4% |
| 2008 | 48.72 billion current US$ | +7.1% |
| 2009 | 40.95 billion current US$ | -15.9% |
| 2010 | 37.16 billion current US$ | -9.3% |
| 2011 | 49.66 billion current US$ | +33.6% |
| 2012 | 59.20 billion current US$ | +19.2% |
| 2013 | 46.18 billion current US$ | -22.0% |
| 2014 | 42.78 billion current US$ | -7.4% |
| 2015 | 33.39 billion current US$ | -21.9% |
| 2016 | 17.45 billion current US$ | -47.7% |
| 2017 | 11.59 billion current US$ | -33.6% |
| 2018 | 12.15 billion current US$ | +4.8% |
| 2019 | 6.83 billion current US$ | -43.7% |
| 2020 | 7.77 billion current US$ | +13.8% |
| 2021 | 8.84 billion current US$ | +13.7% |
| 2022 | 11.66 billion current US$ | +31.9% |
| 2023 | 12.27 billion current US$ | +5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.29 billion current US$ | 929.30 million current US$ | 1.69 billion current US$ | 10 |
| 1970s | 5.59 billion current US$ | 1.91 billion current US$ | 11.27 billion current US$ | 10 |
| 1980s | 9.55 billion current US$ | 6.06 billion current US$ | 13.00 billion current US$ | 10 |
| 1990s | 10.85 billion current US$ | 6.53 billion current US$ | 14.14 billion current US$ | 10 |
| 2000s | 25.31 billion current US$ | 8.20 billion current US$ | 48.72 billion current US$ | 10 |
| 2010s | 31.64 billion current US$ | 6.83 billion current US$ | 59.20 billion current US$ | 10 |
| 2020s | 10.14 billion current US$ | 7.77 billion current US$ | 12.27 billion current US$ | 4 |
Countries ranked near Venezuela, Bolivarian Republic of
More private sector data for Venezuela, Bolivarian Republic of
- Merchandise trade 22.5% (2025)
- Food imports 18.4% (2013)
- Manufactures imports 70.7% (2013)
- Merchandise imports 13.80 billion current US$ (2025)
- Food exports 0.0% (2013)
- Manufactures exports 1.8% (2013)
- Merchandise exports 8.60 billion current US$ (2025)
- Merchandise exports (current US$), per capita 301.58 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.0863 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -40.13 % change on previous year (2025)
Frequently asked questions
- What is merchandise imports by the reporting economy in Venezuela, Bolivarian Republic of?
- Merchandise imports by the reporting economy in Venezuela, Bolivarian Republic of was 12.27 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports by the reporting economy recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 59.20 billion current US$ in 2012.
- What is the lowest merchandise imports by the reporting economy recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 929.30 million current US$ in 1963.
- How does Venezuela, Bolivarian Republic of rank for merchandise imports by the reporting economy?
- Venezuela, Bolivarian Republic of ranks 103rd out of 206 countries with data for 2023.
- Is merchandise imports by the reporting economy rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 73.4%. The long-run trend across the full record is volatile.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.