Venezuela - Net trade in goods and services

Net trade in goods and services (BoP, current US$)

The latest value for Net trade in goods and services (BoP, current US$) in Venezuela was $2,874,000,000 as of 2016. Over the past 46 years, the value for this indicator has fluctuated between $33,797,000,000 in 2008 and ($8,235,000,000) in 2015.

Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1970 $541,000,000
1971 $810,000,000
1972 $474,000,000
1973 $1,676,000,000
1974 $6,596,000,000
1975 $2,244,000,000
1976 $278,000,000
1977 ($2,984,000,000)
1978 ($5,366,000,000)
1979 $760,000,000
1980 $4,838,000,000
1981 $3,835,000,000
1982 ($2,077,000,000)
1983 $6,751,000,000
1984 $6,885,000,000
1985 $5,731,000,000
1986 ($522,000,000)
1987 $320,000,000
1988 ($3,891,000,000)
1989 $4,712,000,000
1990 $9,355,000,000
1991 $2,698,000,000
1992 ($1,629,000,000)
1993 $90,000,000
1994 $4,529,000,000
1995 $3,848,000,000
1996 $10,501,000,000
1997 $6,346,000,000
1998 ($1,697,000,000)
1999 $3,632,000,000
2000 $13,411,000,000
2001 $4,151,000,000
2002 $10,512,000,000
2003 $14,113,000,000
2004 $19,264,000,000
2005 $27,711,000,000
2006 $27,585,000,000
2007 $13,688,000,000
2008 $33,797,000,000
2009 $5,726,000,000
2010 $12,693,000,000
2011 $26,222,000,000
2012 $14,688,000,000
2013 $14,529,000,000
2014 $12,551,000,000
2015 ($8,235,000,000)
2016 $2,874,000,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments