Who are Venezuela’s trade partners?

Who are their trade partners?

These are America’s top trading partners for 2017, ranked by total exchange of goods:

  • China – $636 billion.
  • Canada – $582.4 billion.
  • Mexico – $557 billion.
  • Japan – $204.2 billion.
  • Germany – $171.2 billion.
  • South Korea – $119.4 billion.
  • United Kingdom – $109.4 billion.
  • France – $82.5 billion.

What are Venezuela’s main exports?

Exports The top exports of Venezuela are Crude Petroleum ($12.2B), Refined Petroleum ($761M), Acyclic Alcohols ($337M), Gold ($235M), and Iron Reductions ($161M), exporting mostly to India ($4.98B), China ($4.19B), United States ($1.82B), Spain ($821M), and Malaysia ($558M).

What are Venezuela’s biggest exports and imports?

Economy of Venezuela

Statistics
Exports $32.08 billion (2017)
Export goods Petroleum, chemicals, agricultural products and basic manufactures
Main export partners United States 42% China 23% India 19% Singapore 4.5% Spain 1.4% (2017)
Imports $9.1 billion (2017)

Does the US trade with Venezuela?

Before the United States suspended diplomatic operations in Venezuela, the United States was Venezuela’s largest trading partner. … U.S. goods exports to Venezuela totaled $1.13 billion in 2020, down from $1.3 billion in 2019. U.S. imports from Venezuela totaled $167 million in 2020, down from $1.9 billion in 2019.

Who is China’s biggest trade partner?

Mainland China’s 100 major trade partners account for $2.551 trillion or 98.5% of all exported goods consumed by trade partners that import from the People’s Republic.

Searchable Datalist of Countries Consuming China’s Exports.

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Rank 1.
Importer United States
Exports from China (US$) $452,576,771,000
2019-20 +8.1%

Who is America’s biggest trade partner?

Year-to-Date Total Trade

Rank Country Total Trade
Total, All Countries 303.6
Total, Top 15 Countries 226.5
1 China 51.4
2 Canada 44.9

Who is Venezuela’s largest trading partner?

Venezuela top 5 Export and Import partners

Exporter Trade (US$ Mil) Partner share(%)
United States 10,488 23.33
China 7,645 17.01
Brazil 4,503 10.02
Colombia 2,258 5.02

Why did Venezuela fail?

Political corruption, chronic shortages of food and medicine, closure of businesses, unemployment, deterioration of productivity, authoritarianism, human rights violations, gross economic mismanagement and high dependence on oil have also contributed to the worsening crisis.

Is Venezuela richer than Nigeria?

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Nigeria ranked 32nd with $397.3B. By GDP 5-years average growth and GDP per capita, Venezuela and Nigeria ranked 181st vs 132nd and 58th vs 149th, respectively.

Who rules Venezuela today?

President of Venezuela

President of the Bolivarian Republic of Venezuela
Presidential Standard of Venezuela
Incumbent Nicolás Maduro since 10 January 2019
Style Mr. President (Señor Presidente) or His Excellency
Member of Cabinet