Venezuela - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Venezuela was 47.34 as of 2016. As the graph below shows, over the past 46 years this indicator reached a maximum value of 51.92 in 1992 and a minimum value of 26.05 in 1998.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

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

See also:

Year Value
1970 42.88
1971 37.93
1972 36.51
1973 32.96
1974 33.08
1975 35.08
1976 35.62
1977 41.59
1978 47.04
1979 46.27
1980 42.91
1981 51.00
1982 46.47
1983 45.90
1984 34.47
1985 34.28
1986 34.74
1987 34.76
1988 50.74
1989 44.73
1990 40.75
1991 46.18
1992 51.92
1993 41.40
1994 40.15
1995 37.85
1996 34.59
1997 31.35
1998 26.05
1999 31.71
2000 36.57
2001 32.10
2002 34.46
2003 40.00
2004 35.12
2005 32.43
2006 30.17
2007 37.76
2008 37.92
2009 36.83
2010 35.13
2011 39.79
2012 38.76
2013 42.94
2014 38.81
2015 46.97
2016 47.34

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports