by Flagpictures.org

The Bolivarian Republic of Venezuela shipped US$8.3 billion worth of exported products around the globe in 2025.

That calculated dollar metric results from a 71.6% increase from $4.84 billion five years earlier in 2021.

Year over year, the value of Venezuela’s exported goods shrank by -41.1% compared to $14.1 billion for 2024.

A federal republic on South America’s northern coast, Venezuela is bordered by Guyana to its east, Brazil to its south and Colombia to its west.

Historically, Venezuela is highly dependent on its petroleum oil exports. That concentrated percentage shows Venezuela’s vulnerability to a lower oil prices.

Given Venezuela’s population of 26.7 million people, the estimated US$8.3 billion in 2025 Venezuelan exports translates to about $300 per person. That dollar metric lags the average $500 per capita for 2024.

Venezuela’s top 10 export product categories accounted for 94.5% of the overall value of its global shipments.

Ores, slag and ash represents the fastest grower among the top 10 export categories, up by 109.8% from 2024 to 2025.

In second place for improving export sales was cocoa via a 73.7% advance.

Venezuela’s shipments of organic chemicals posted the third-fastest gain in value, up by 21.5%.

The leading decliner among Venezuela’s top 10 export categories was mineral fuels including oil, thanks to a -53.1% year-over-year drop.

At the more granular four-digit Harmonized Tariff System (HTS) code level, crude oil is typically Venezuela’s most valuable exported product accounting for almost three-quarters of the country’s total. In second place were petroleum oil residues trailed by acyclic alcohols, iron or steel scrap, iron ores or concentrates, processed petroleum oils, lobsters and other crustaceans, raw aluminum, nitrogenous fertilizers, then asphalt or petroleum bitumen mixes.

The 10 major products from the more detailed HTS code perspective generated more than 90% of overall Venezuelan export sales.

The following types of Venezuelan product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.

In a nutshell, net exports represent the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.

Venezuela posted an estimated -US$5.75 billion trade deficit during 2025, expanding by 295.9% from the -$1.45 billion in red ink one year earlier in 2024.

Below are exports from Venezuela that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country Venezuela’s goods trail Venezuelan importer spending on foreign products.

Both corporations are regional banks.

Wikipedia lists exporters from Venezuela. Selected examples are shown below.

Citgo Petroleum Corporation and Petróleos de Venezuela are two of Venezuela’s largest oil and gas companies.

CVG Alcasa is a leading aluminum producer. Siderúrgica del Orinoco and Siderúrgica del Turbio, S.A. are examples of Venezuelan steel manufacturers.
 
In macroeconomic terms, Venezuela’s total exported goods represented 3.7% of its overall Gross Domestic Product for 2025 ($224 billion valued in Purchasing Power Parity US dollars). That percentage compares to 3.5% two years earlier in 2023. Those percentages suggest an increasing dependence on international trade for Venezuela’s overall economic performance, albeit based on a short timeframe.

Another key indicator of a country’s economic performance is its unemployment rate. Venezuela’s average unemployment rate for 2025 was 5.31%, down from an average 5.32% one year earlier in 2024 according to Statista metrics.

Venezuela’s capital is Caracas, a city nicknamed The Avila’s Sultana.

See also Venezuela’s Top 10 Imports, Brazil’s Top 10 Imports, Top South American Export Countries and Argentina’s Top 10 Imports

Research Sources:
Central Intelligence Agency, South America: Venezuela. Accessed on June 2, 2026

Forbes 2025 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 2, 2026

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on June 2, 2026

International Trade Centre, Trade Map. Accessed on June 2, 2026

Investopedia, Net Exports Definition. Accessed on June 2, 2026

Wikipedia, Gross domestic product. Accessed on June 2, 2026

Wikipedia, List of Companies of Venezuela. Accessed on June 2, 2026

Wikipedia, Purchasing power parity. Accessed on June 2, 2026

Wikipedia, Venezuela. Accessed on June 2, 2026