Merchandise trade in Venezuela, Bolivarian Republic of
Venezuela, Bolivarian Republic of: Merchandise trade was 22.5% in 2025. ▼ Falling
Merchandise trade in Venezuela, Bolivarian Republic of, 1960–2025
Source: World Trade Organization (WTO). Measured in % of GDP.
Analysis
Venezuela, Bolivarian Republic of recorded 22.5% for merchandise trade in 2025.
Compared with earlier readings it is down 7.4% on the previous year and down 60.1% over ten years.
Over the whole period, merchandise trade in Venezuela, Bolivarian Republic of peaked at 58.6% in 1974 and was at its lowest, 16.7%, in 2022.
That places Venezuela, Bolivarian Republic of 195th out of 204 countries with data for 2025, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 66 years of available data.
Merchandise trade in Venezuela, Bolivarian Republic of, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1960 | 45.6% | — |
| 1961 | 42.4% | -6.9% |
| 1962 | 41.4% | -2.5% |
| 1963 | 37.3% | -9.9% |
| 1964 | 45.4% | +21.9% |
| 1965 | 46.0% | +1.3% |
| 1966 | 41.9% | -8.9% |
| 1967 | 48.9% | +16.7% |
| 1968 | 44.3% | -9.4% |
| 1969 | 46.7% | +5.4% |
| 1970 | 43.6% | -6.7% |
| 1971 | 40.2% | -7.6% |
| 1972 | 40.3% | +0.1% |
| 1973 | 45.2% | +12.3% |
| 1974 | 58.6% | +29.6% |
| 1975 | 53.9% | -8.1% |
| 1976 | 54.0% | +0.2% |
| 1977 | 56.6% | +4.8% |
| 1978 | 53.3% | -5.8% |
| 1979 | 51.7% | -3.0% |
| 1980 | 52.5% | +1.5% |
| 1981 | 51.4% | -2.2% |
| 1982 | 43.6% | -15.2% |
| 1983 | 30.1% | -30.9% |
| 1984 | 39.7% | +31.8% |
| 1985 | 36.4% | -8.4% |
| 1986 | 28.4% | -22.0% |
| 1987 | 42.1% | +48.6% |
| 1988 | 38.1% | -9.5% |
| 1989 | 48.5% | +27.2% |
| 1990 | 51.1% | +5.3% |
| 1991 | 49.2% | -3.7% |
| 1992 | 46.8% | -5.0% |
| 1993 | 45.3% | -3.1% |
| 1994 | 43.3% | -4.5% |
| 1995 | 40.2% | -7.1% |
| 1996 | 46.7% | +16.2% |
| 1997 | 44.8% | -4.0% |
| 1998 | 36.7% | -18.1% |
| 1999 | 35.8% | -2.6% |
| 2000 | 42.5% | +18.8% |
| 2001 | 36.6% | -13.8% |
| 2002 | 42.8% | +16.9% |
| 2003 | 43.6% | +2.0% |
| 2004 | 50.1% | +14.8% |
| 2005 | 54.8% | +9.4% |
| 2006 | 54.1% | -1.3% |
| 2007 | 50.4% | -6.8% |
| 2008 | 46.0% | -8.6% |
| 2009 | 30.1% | -34.7% |
| 2010 | 26.6% | -11.4% |
| 2011 | 44.5% | +67.0% |
| 2012 | 40.0% | -10.1% |
| 2013 | 53.2% | +33.1% |
| 2014 | 54.9% | +3.1% |
| 2015 | 56.4% | +2.8% |
| 2016 | 37.4% | -33.7% |
| 2017 | 36.7% | -1.9% |
| 2018 | 45.3% | +23.3% |
| 2019 | 31.6% | -30.1% |
| 2020 | 27.1% | -14.3% |
| 2021 | 19.8% | -26.7% |
| 2022 | 16.7% | -15.6% |
| 2023 | 18.3% | +9.5% |
| 2024 | 24.3% | +32.5% |
| 2025 | 22.5% | -7.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 44.0% | 37.3% | 48.9% | 10 |
| 1970s | 49.7% | 40.2% | 58.6% | 10 |
| 1980s | 41.1% | 28.4% | 52.5% | 10 |
| 1990s | 44.0% | 35.8% | 51.1% | 10 |
| 2000s | 45.1% | 30.1% | 54.8% | 10 |
| 2010s | 42.7% | 26.6% | 56.4% | 10 |
| 2020s | 21.5% | 16.7% | 27.1% | 6 |
Countries ranked near Venezuela, Bolivarian Republic of
More private sector data for Venezuela, Bolivarian Republic of
- 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$), annual growth rate -40.13 % change on previous year (2025)
- Merchandise imports (current US$), per capita 484.1 current US$ per person (2025)
Frequently asked questions
- What is merchandise trade in Venezuela, Bolivarian Republic of?
- Merchandise trade in Venezuela, Bolivarian Republic of was 22.5% in 2025, according to World Trade Organization (WTO).
- What is the highest merchandise trade recorded in Venezuela, Bolivarian Republic of?
- The highest recorded value was 58.6% in 1974.
- What is the lowest merchandise trade recorded in Venezuela, Bolivarian Republic of?
- The lowest recorded value was 16.7% in 2022.
- How does Venezuela, Bolivarian Republic of rank for merchandise trade?
- Venezuela, Bolivarian Republic of ranks 195th out of 204 countries with data for 2025.
- Is merchandise trade rising or falling in Venezuela, Bolivarian Republic of?
- Over the last ten years it is down 60.1%. The long-run trend across the full record is falling.
- Where does this Venezuela, Bolivarian Republic of data come from?
- The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.