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Heterodata An Arcanum Research project Lewis
Lewis

Venezuela — Trade & Value-Transfer Profile

ContinentSouth America
SubcontinentSouth America
Income groupUpper-Middle
World-system classPeriphery
Political blocsOPEC
Trade blocsOther
GDP$119.8B
Population28.4M
  • Exports of goods and services (USD): $20.20B
  • Imports of goods and services (USD): $11.05B
  • Trade balance (exports − imports, USD): $9.15B
  • Trade (% GDP): 26.08%

ITV Indicators

  • Composite value transfer (% GDP): 8.36% GDP (mean)
  • Unequal exchange, Köhler (% GDP): 19.26% GDP (mean)
  • Income drain (% GDP): 2.35% GDP (mean)

Value-transfer indicators over time