US trade (export - import) with Venezuela in 2013

Published or Updated: Feb 01, 2017

The report on US foreign trade in goods with Venezuela in 2013: exports, imports, balance, product types and groups, dynamics.

US Trade with Venezuela

In 2013, US trade with Venezuela was $45.7 billion, down 19.66% ($11.2 billion) from 2012.

US exports to Venezuela in 2013 were $13.2 billion, down 24.64% ($4.3 billion) from 2012.

US imports from Venezuela in 2013 were $32.5 billion, down 17.45% ($6.9 billion) from 2012.

US trade deficit with Venezuela in 2013 was $19.3 billion, a 11.68% decrease ($2.5 billion) over 2012.

Venezuela was the US 19th largest trading partner in 2013 (down from 14th in 2012), accounting for 1.17% of US total trade (down from 1.47% in 2012).

Venezuela was the US 24th largest export market in 2013 (down from 21st in 2012), accounting for 0.84% of US total exports (down from 1.13% in 2012).

Venezuela was the US 13th largest supplier in 2013 (down from 12th in 2012), accounting for 1.40% of US total imports (down from 1.69% in 2012).

US Exports to Venezuela

The major share of US exports to Venezuela in 2013 (and in 2012) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 37.96% of US total exports to Venezuela (44.97% in 2012);
  • Mineral products (HS codes 25-27) - 21.12% of US total exports to Venezuela (19.55% in 2012);
  • Chemical products (HS codes 28-40) - 20.34% of US total exports to Venezuela (16.86% in 2012);
  • Food products and agricultural raw materials (HS codes 01-24) - 11.55% of US total exports to Venezuela (9.49% in 2012);
  • Metals and products from them (HS codes 72-83) - 3.37% of US total exports to Venezuela (3.58% in 2012);
  • Wood and wood products (HS codes 44-49) - 1.26% of US total exports to Venezuela (0.98% in 2012).

The largest gains in US exports to Venezuela in 2013 over 2012 were recorded for the following product groups:

  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - an increase of $61.4 million;
  • Ships, boats and floating structures (HS code 89) - an increase of $45.4 million.

The largest declines in US exports to Venezuela in 2013 over 2012 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $1,067.6 million;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $999.5 million;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $639.7 million;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $549.3 million;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $258.8 million;
  • Commodities not specified according to kind (HS code 99) - a decrease of $121.7 million;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $84.2 million;
  • Iron and steel (HS code 72) - a decrease of $82.5 million;
  • Rubber and articles thereof (HS code 40) - a decrease of $78.9 million;
  • Cereals (HS code 10) - a decrease of $75.5 million;
  • Articles of iron or steel (HS code 73) - a decrease of $71.7 million;
  • Miscellaneous chemical products (HS code 38) - a decrease of $52.7 million;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $51.8 million.
US exports to Venezuela in 2013 by product groups
HS
code
Name of product group Value
of exports
in 2013
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2012
(USD thousand)
Change
in 2013
over 2012
(%)
01 Live animals 2,209.5 0.02 1,539.043.57
02 Meat and edible meat offal 2,473.7 0.02 4,438.6-44.27
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,524.1 0.02 5,195.4-51.42
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 16,928.1 0.13 12,457.535.89
05 Products of animal origin, not elsewhere specified or included 488.0 0.00 2,141.0-77.21
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 429.0 0.00 707.3-39.35
07 Edible vegetables and certain roots and tubers 231.3 0.00 1,317.8-82.45
08 Edible fruit and nuts; peel of citrus fruit or melons 8,550.1 0.06 26,095.9-67.24
09 Coffee, tea, maté and spices 542.8 0.00 428.326.73
10 Cereals 676,398.3 5.12 751,931.0-10.05
11 Products of the milling industry; malt; starches; inulin; wheat gluten 2,289.9 0.02 2,985.4-23.30
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 110,962.5 0.84 49,605.3123.69
13 Lac; gums, resins and other vegetable saps and extracts 6,506.6 0.05 9,910.1-34.34
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 89.1 0.00 358.6-75.16
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 144,926.6 1.10 229,103.2-36.74
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2,034.8 0.02 4,920.8-58.65
17 Sugars and sugar confectionery 10,842.7 0.08 10,959.9-1.07
18 Cocoa and cocoa preparations 16,026.3 0.12 22,979.6-30.26
19 Preparations of cereals, flour, starch or milk; bakers’ wares 8,758.4 0.07 10,467.0-16.32
20 Preparations of vegetables, fruit, nuts or other parts of plants 10,252.0 0.08 9,713.75.54
21 Miscellaneous edible preparations 98,376.2 0.75 105,664.5-6.90
22 Beverages, spirits and vinegar 4,762.8 0.04 6,446.4-26.12
23 Residues and waste from the food industries; prepared animal feed 397,495.5 3.01 393,301.71.07
24 Tobacco and manufactured tobacco substitutes 131.2 0.00 318.0-58.74
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 24,576.3 0.19 20,982.517.13
26 Ores, slag and ash 393.5 0.00 1,286.1-69.40
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 2,762,514.5 20.93 3,402,249.0-18.80
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 118,787.7 0.90 132,663.8-10.46
29 Organic chemicals 1,373,365.5 10.40 1,353,473.71.47
30 Pharmaceutical products 219,656.9 1.66 236,901.8-7.28
31 Fertilizers 24,316.5 0.18 46,039.9-47.18
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 69,952.9 0.53 101,371.0-30.99
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 72,414.3 0.55 124,245.4-41.72
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 33,658.7 0.25 42,941.4-21.62
35 Albuminoidal substances; modified starches; glues; enzymes 27,427.5 0.21 29,255.6-6.25
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 1,609.6 0.01 1,306.123.24
37 Photographic or cinematographic goods 26,546.5 0.20 28,276.1-6.12
38 Miscellaneous chemical products 245,733.0 1.86 298,421.4-17.66
39 Plastics and articles thereof 385,386.4 2.92 392,740.3-1.87
40 Rubber and articles thereof 86,443.2 0.65 165,384.9-47.73
41 Raw hides and skins (other than furskins) and leather 92.6 0.00 78.118.58
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 7,168.0 0.05 10,312.9-30.50
43 Furskins and artificial fur; manufactures thereof 121.0 0.00 245.2-50.65
44 Wood and articles of wood; wood charcoal 9,620.2 0.07 13,714.5-29.85
45 Cork and articles of cork 151.9 0.00 25.8488.68
46 Manufactures of straw, of esparto or of other plaiting materials; basketware and wickerwork 220.0 0.00 47.9359.52
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 29,777.1 0.23 29,860.4-0.28
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 120,427.1 0.91 111,892.57.63
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 6,189.4 0.05 15,439.3-59.91
50 Silk 64.7 0.00 62.82.91
51 Wool, fine or coarse animal hair; horsehair yarn and woven fabric 0.0 0.00 10.5-100.00
52 Cotton 6,859.6 0.05 15,701.6-56.31
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 58.6 0.00 21.2175.92
54 Man-made filaments 2,915.3 0.02 2,747.36.12
55 Man-made staple fibers 5,539.9 0.04 7,817.8-29.14
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4,337.8 0.03 5,706.1-23.98
57 Carpets and other textile floor coverings 1,986.2 0.02 2,580.7-23.03
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 788.4 0.01 1,069.0-26.25
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 11,171.6 0.08 14,170.4-21.16
60 Knitted or crocheted fabrics 1,182.5 0.01 187.4531.14
61 Articles of apparel and clothing accessories, knitted or crocheted 5,568.9 0.04 9,770.0-43.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 21,843.0 0.17 22,152.4-1.40
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 31,079.7 0.24 12,384.0150.97
64 Footwear, gaiters and the like; parts of such articles 6,566.3 0.05 9,322.7-29.57
65 Headgear and parts thereof 1,880.5 0.01 4,084.6-53.96
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 74.0 0.00 274.4-73.03
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 269.9 0.00 718.0-62.41
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 16,362.2 0.12 16,576.6-1.29
69 Ceramic products 12,020.5 0.09 15,621.2-23.05
70 Glass and glassware 9,069.3 0.07 19,873.3-54.36
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 7,906.4 0.06 11,028.8-28.31
72 Iron and steel 37,308.9 0.28 119,789.1-68.85
73 Articles of iron or steel 272,223.7 2.06 343,884.5-20.84
74 Copper and articles thereof 11,357.6 0.09 13,666.0-16.89
75 Nickel and articles thereof 2,848.2 0.02 4,075.8-30.12
76 Aluminum and articles thereof 26,361.3 0.20 26,285.50.29
78 Lead and articles thereof 4,187.2 0.03 4,779.6-12.39
79 Zinc and articles thereof 1,190.6 0.01 1,546.1-23.00
80 Tin and articles thereof 749.2 0.01 791.5-5.35
81 Other base metals; cermets; articles thereof 2,130.8 0.02 1,965.08.44
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 61,826.1 0.47 81,803.9-24.42
83 Miscellaneous articles of base metal 24,435.6 0.19 27,942.4-12.55
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,451,437.5 18.57 3,519,055.1-30.34
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 1,256,039.6 9.51 2,255,530.5-44.31
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 21,152.7 0.16 54,017.4-60.84
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 549,692.8 4.16 1,099,027.8-49.98
88 Aircraft, spacecraft, and parts thereof 102,445.7 0.78 105,526.6-2.92
89 Ships, boats and floating structures 81,228.3 0.62 35,831.6126.69
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 549,466.0 4.16 808,259.1-32.02
91 Clocks and watches and parts thereof 20,681.6 0.16 16,157.128.00
92 Musical instruments; parts and accessories of such articles 3,472.0 0.03 4,605.4-24.61
93 Arms and ammunition; parts and accessories thereof 1,662.9 0.01 978.369.97
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 81,476.9 0.62 116,634.4-30.14
95 Toys, games and sports requisites; parts and accessories thereof 26,128.4 0.20 51,270.2-49.04
96 Miscellaneous manufactured articles 26,221.4 0.20 39,967.2-34.39
97 Works of art, collectors’ pieces and antiques 2,019.3 0.02 2,690.3-24.94
99 Commodities not specified according to kind 265,139.7 2.01 386,865.0-31.46

US Imports from Venezuela

The major share of US imports from Venezuela in 2013 (and in 2012) was accounted for the following product types:

  • Mineral products (HS codes 25-27) - 96.60% of US total imports from Venezuela (96.71% in 2012);
  • Chemical products (HS codes 28-40) - 1.76% of US total imports from Venezuela (1.62% in 2012);
  • Metals and products from them (HS codes 72-83) - 0.59% of US total imports from Venezuela (1.10% in 2012).

The largest gains in US imports from Venezuela in 2013 over 2012 were recorded for the following product groups:

  • No product groups with a substantial increase.

The largest declines in US imports from Venezuela in 2013 over the 2012 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $6,667.2 million;
  • Iron and steel (HS code 72) - a decrease of $161.5 million.
US imports from Venezuela in 2013 by product groups
HS
code
Name of product group Value
of imports
in 2013
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2012
USD thousand)
Change
in 2013
over 2012
(%)
01 Live animals 104.9 0.00 228.3-54.05
03 Fish and crustaceans, molluscs and other aquatic invertebrates 27,576.9 0.08 22,098.624.79
05 Products of animal origin, not elsewhere specified or included 78.5 0.00 96.8-18.88
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 0.0 0.00 25.1-100.00
09 Coffee, tea, maté and spices 518.3 0.00 85.8504.15
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 39.0 0.00 45.4-14.09
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 25,712.0 0.08 19,346.432.90
18 Cocoa and cocoa preparations 7,764.5 0.02 1,360.0470.93
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 2.8-100.00
21 Miscellaneous edible preparations 102.9 0.00 115.7-11.04
22 Beverages, spirits and vinegar 2,474.9 0.01 2,912.4-15.02
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 34,699.0 0.11 24,576.241.19
26 Ores, slag and ash 114.0 0.00 15,254.1-99.25
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 31,338,629.0 96.49 38,005,859.0-17.54
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 88,099.9 0.27 138,899.4-36.57
29 Organic chemicals 431,368.6 1.33 382,587.712.75
31 Fertilizers 44,456.3 0.14 107,586.1-58.68
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 13.7 0.00 51.7-73.49
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 611.3 0.00 536.813.88
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 86.7 0.00 221.3-60.81
38 Miscellaneous chemical products 1,301.3 0.00 1,571.6-17.20
39 Plastics and articles thereof 4,725.3 0.01 3,153.349.85
40 Rubber and articles thereof 613.1 0.00 820.5-25.28
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 2.6-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 30.6 0.00 107.7-71.62
44 Wood and articles of wood; wood charcoal 33.5 0.00 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 17.6 0.00 108.3-83.78
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 383.1 0.00 436.4-12.22
54 Man-made filaments 71.5 0.00 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4.8 0.00 2.775.95
57 Carpets and other textile floor coverings 0.5 0.00 2.5-79.59
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 16.9 0.00 46.0-63.37
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 0.8 0.00 1.4-42.34
60 Knitted or crocheted fabrics 0.0 0.00 0.6-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 43.5 0.00 47.6-8.52
62 Articles of apparel and clothing accessories, not knitted or crocheted 44.8 0.00 40.410.84
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 14.6 0.00 6.6119.48
64 Footwear, gaiters and the like; parts of such articles 103.1 0.00 172.8-40.35
65 Headgear and parts thereof 10.8 0.00 16.6-34.69
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.9 0.00 5.3-82.90
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 1,402.5 0.00 2,004.5-30.03
69 Ceramic products 49.8 0.00 136.4-63.49
70 Glass and glassware 124.6 0.00 647.3-80.74
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 138,083.1 0.43 87,694.257.46
72 Iron and steel 158,028.5 0.49 319,492.7-50.54
73 Articles of iron or steel 429.7 0.00 1,274.1-66.27
74 Copper and articles thereof 0.0 0.00 405.8-100.00
75 Nickel and articles thereof 11.2 0.00 0.0
76 Aluminum and articles thereof 27,481.1 0.08 110,425.7-75.11
78 Lead and articles thereof 2,989.6 0.01 203.01,372.92
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 61.9 0.00 644.2-90.39
83 Miscellaneous articles of base metal 1,015.3 0.00 451.4124.91
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,354.4 0.02 12,690.6-57.81
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 39,717.9 0.12 36,923.27.57
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 166.0 0.00 145.614.01
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 2,908.9 0.01 5,729.8-49.23
88 Aircraft, spacecraft, and parts thereof 54.0 0.00 113.1-52.29
89 Ships, boats and floating structures 683.5 0.00 557.822.55
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 268.5 0.00 547.8-50.98
91 Clocks and watches and parts thereof 0.0 0.00 319.3-100.00
92 Musical instruments; parts and accessories of such articles 12.6 0.00 28.3-55.23
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 148.4 0.00 96.653.62
95 Toys, games and sports requisites; parts and accessories thereof 512.3 0.00 79.6543.23
96 Miscellaneous manufactured articles 122.9 0.00 98.524.87
97 Works of art, collectors’ pieces and antiques 6,067.4 0.02 3,979.552.47
99 Commodities not specified according to kind 81,532.4 0.25 28,258.1188.53
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce