What does Venezuela export to the US?

What does Venezuela export to the US?

Venezuela-United States In 2019, Venezuela exported $1.82B to United States . The main products that Venezuela exported to United States were Crude Petroleum ($1.26B), Refined Petroleum ($257M), and Processed Crustaceans ($44.5M).

What are Venezuela’s biggest 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 is Venezuela known for?

It has the world’s largest known oil reserves and has been one of the world’s leading exporters of oil. Previously, the country was an underdeveloped exporter of agricultural commodities such as coffee and cocoa, but oil quickly came to dominate exports and government revenues.

Why is Coke banned in Venezuela?

The government of President Hugo Chávez has banned the sale of the calorie-free soft drink over health concerns, prompting a scramble to remove it from shelves and vending machines. “The product should be withdrawn from circulation to preserve the health of Venezuelans,” said Jesus Mantilla, the health minister.

Can you buy Coke in Venezuela?

Venezuela has just become one of the few countries in the world where you cannot buy a Coca-Cola. The country has been dealing with a food shortage and the world’s highest inflation.

What are the major imports and exports of Venezuela?

Major export commodities in Venezuela, besides petroleum and gas are: Major import commodities in Venezuela are machinery and equipment, construction materials and other raw materials, to support its domestic industries and increase exports.

What kind of imports does Venezuela have?

Venezuela main imports are: electronics (32 percent of total imports), chemical products (18 percent), agricultural products and livestock (11 percent), base metals (8 percent) and food, beverages and tobacco (6 percent). Main import partners are: United States (26 percent of total imports), China (15 percent) and Brazil (9 percent).

What does Venezuela trade with US?

In spite of strained relations between the two countries, the United States has been Venezuela’s most important trading partner. American exports to Venezuela have included machinery, agricultural products, medical instruments and cars. Venezuela is one of the top four suppliers of foreign oil to the United States.

What are Venezuela’s major imports?

Venezuela’s Top 10 Imports Mineral fuels including oil: US$965.3 million (17.3% of total imports) Cereals: $554.7 million (9.9%) Machinery including computers: $519.9 million (9.3%) Electrical machinery, equipment: $396.7 million (7.1%) Rubber, rubber articles: $197.4 million (3.5%) Pharmaceuticals: $196.3 million (3.5%) Vehicles: $192.9 million (3.4%)