Economy of Venezuela
Imports commoditiesagricultural products, livestock, raw materials, machinery and equipment, transport equipment, construction materials, medical equipment, pharmaceuticals, chemicals, iron and steel products
Import partnersUS 31.7%, China 16.8%, Brazil 9.1%, Colombia 4.8% (2012)
ExportsExports commoditiespetroleum, bauxite and aluminum, minerals, chemicals, agricultural products, basic manufactures
Export partnersUS 39.1%, China 14.3%, India 12%, Netherlands Antilles 7.8%, Cuba 4.6% (2012)
Economy sectorsAgriculture productscorn, sorghum, sugarcane, rice, bananas, vegetables, coffee; beef, pork, milk, eggs; fish
Industrial productspetroleum, construction materials, food processing, textiles; iron ore mining, steel, aluminum; motor vehicle assembly, chemical products, paper products
EconomyGDP PPP per land area447 Thousand $ per square kilometer (2013)436 Thousand $ per square kilometer (2012)417 Thousand $ per square kilometer (2011)
Electricity
Electricity - installed generating capacity27.5 Million kW
BankingGDP decomposition by sectorTourismInternational tourism, number of departures2.02 Million (2012)1.72 Million (2011)1.48 Million (2010)
Debt, Current Account Balance and Budget Deficit
Budget surplus (+) or deficit (-)-14.80 % of GDP
Current Account Balance (Percentage of GDP)2.89 % of GDP (2012)7.71 % of GDP (2011)2.24 % of GDP (2010)

External Debt Stocks (Percentage of GNI)19.4 % of GNI (2012)22.7 % of GNI (2011)16.8 % of GNI (2010)

Short-term debt (percentage of total external debt)26.9 % of total external debt (2012)27.2 % of total external debt (2011)31.7 % of total external debt (2010)
