Merchandise imports from low- and middle-income economies … Pacific in Venezuela
Venezuela: Merchandise imports from low- and middle-income economies … Pacific was 34.3% in 2023. ◆ Volatile
Merchandise imports from low- and middle-income economies in East in Venezuela, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise imports.
Analysis
The most recent figure for merchandise imports from low- and middle-income economies in east in Venezuela is 34.3%, measured in 2023. That is the highest value across all 64 years on record.
The figure is up 9.9% on the previous year and up 74.7% over ten years.
Over the whole period, merchandise imports from low- and middle-income economies in east in Venezuela peaked at 34.3% in 2023 and was at its lowest, 0.0%, in 1977.
Venezuela ranks 27th of 206 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise imports from low- and middle-income economies … Pacific in Venezuela, year by year
| Year | % of total merchandise imports | Change |
|---|---|---|
| 1960 | 1.0% | — |
| 1961 | 0.5% | -42.8% |
| 1962 | 0.5% | -4.4% |
| 1963 | 0.5% | -9.4% |
| 1964 | 0.8% | +64.9% |
| 1965 | 0.9% | +11.6% |
| 1966 | 1.0% | +20.4% |
| 1967 | 0.6% | -41.7% |
| 1968 | 0.4% | -33.2% |
| 1969 | 0.7% | +76.6% |
| 1970 | 0.4% | -44.0% |
| 1971 | 0.1% | -65.6% |
| 1972 | 0.0% | -68.0% |
| 1973 | 0.6% | +1193.9% |
| 1974 | 0.5% | -10.5% |
| 1975 | 0.2% | -57.5% |
| 1976 | 0.2% | -21.2% |
| 1977 | 0.0% | -78.8% |
| 1978 | 0.4% | +980.9% |
| 1979 | 0.4% | +8.1% |
| 1980 | 0.6% | +39.1% |
| 1981 | 0.6% | +6.1% |
| 1982 | 0.5% | -13.0% |
| 1983 | 0.3% | -37.0% |
| 1984 | 0.3% | -0.9% |
| 1985 | 0.3% | -16.7% |
| 1986 | 0.2% | -38.1% |
| 1987 | 0.1% | -37.7% |
| 1988 | 0.1% | -7.6% |
| 1989 | 0.1% | +17.4% |
| 1990 | 0.1% | -30.9% |
| 1991 | 0.1% | +80.7% |
| 1992 | 0.1% | -5.0% |
| 1993 | 0.1% | -33.8% |
| 1994 | 0.4% | +355.8% |
| 1995 | 0.4% | -0.3% |
| 1996 | 0.3% | -28.8% |
| 1997 | 0.3% | -2.4% |
| 1998 | 0.6% | +93.4% |
| 1999 | 0.2% | -63.3% |
| 2000 | 1.7% | +696.7% |
| 2001 | 2.5% | +48.8% |
| 2002 | 2.3% | -7.8% |
| 2003 | 2.5% | +8.3% |
| 2004 | 3.4% | +36.9% |
| 2005 | 4.6% | +34.7% |
| 2006 | 5.6% | +23.4% |
| 2007 | 8.3% | +46.7% |
| 2008 | 8.7% | +5.3% |
| 2009 | 11.8% | +34.8% |
| 2010 | 12.6% | +7.4% |
| 2011 | 15.9% | +26.1% |
| 2012 | 18.3% | +14.9% |
| 2013 | 19.7% | +7.6% |
| 2014 | 16.9% | -14.1% |
| 2015 | 19.1% | +12.9% |
| 2016 | 18.1% | -5.2% |
| 2017 | 18.8% | +3.8% |
| 2018 | 11.9% | -36.6% |
| 2019 | 27.7% | +132.6% |
| 2020 | 24.9% | -10.1% |
| 2021 | 30.1% | +21.1% |
| 2022 | 31.3% | +3.8% |
| 2023 | 34.3% | +9.9% |
Venezuela compared with similar countries
- Venezuela's 34.3% is above the median for lower middle income countries, which is 22.4%, 1.5× the median. (47 countries reporting)
- Venezuela's 34.3% is above the median for Latin America & Caribbean, which is 18.0%, 1.9× the median. (36 countries reporting)
Biggest year-on-year movements
Years where Merchandise imports from low- and middle-income economies … Pacific 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 |
|---|---|---|---|
| 1973 | +1193.9% | 0.0% | 0.6% |
| 1978 | +980.9% | 0.0% | 0.4% |
| 2000 | +696.7% | 0.2% | 1.7% |
| 1994 | +355.8% | 0.1% | 0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 0.7% | 0.4% | 1.0% | 10 |
| 1970s | 0.3% | 0.0% | 0.6% | 10 |
| 1980s | 0.3% | 0.1% | 0.6% | 10 |
| 1990s | 0.3% | 0.1% | 0.6% | 10 |
| 2000s | 5.1% | 1.7% | 11.8% | 10 |
| 2010s | 17.9% | 11.9% | 27.7% | 10 |
| 2020s | 30.2% | 24.9% | 34.3% | 4 |
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 merchandise imports from low- and middle-income economies in east in Venezuela?
- Merchandise imports from low- and middle-income economies in east in Venezuela was 34.3% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise imports from low- and middle-income economies in east recorded in Venezuela?
- The highest recorded value was 34.3% in 2023.
- What is the lowest merchandise imports from low- and middle-income economies in east recorded in Venezuela?
- The lowest recorded value was 0.0% in 1977.
- How does Venezuela rank for merchandise imports from low- and middle-income economies in east?
- Venezuela ranks 27th out of 206 countries with data for 2023.
- Is merchandise imports from low- and middle-income economies in east rising or falling in Venezuela?
- Over the last ten years it is up 74.7%. The long-run trend across the full record is volatile.
- Where does this Venezuela data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise imports from low- and middle-income economies in East Asia & Pacific (% of total merchandise imports). 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 from low- and middle-income economies in East Asia and Pacific are the sum of merchandise imports by the reporting economy from low- and middle-income economies in the East Asia and Pacific region according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise imports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.