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U.S. Imports
$443.2M
U.S. Exports
$454.5M
+$11.3M (net exporter)
The United States imported $443.2M/month and exported $454.5M/month with Venezuela as of February 2026, covering 78 product categories.
Venezuela holds some of the world's largest proven crude oil reserves and has historically been a major petroleum exporter, though US sanctions and economic instability have significantly disrupted its trade flows since 2019. The country's export base is heavily concentrated in crude oil and petroleum products, while it imports food, machinery, chemicals, and consumer goods. Trade professionals must navigate complex sanctions compliance requirements when dealing with Venezuelan counterparties or commodities.
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The US Treasury's OFAC administers comprehensive sanctions against Venezuela's government and state oil company PDVSA, restricting most US persons from engaging in transactions involving Venezuelan oil and certain financial dealings without specific licenses.
Outside of crude oil and petroleum products, Venezuela exports aluminum, steel, chemicals, agricultural products, and gold, though volumes have declined sharply due to economic contraction.
Due to US sanctions, Venezuela has shifted trade toward China, Russia, Iran, Cuba, and Turkey, which now account for a significant share of its oil exports and import supply.
Full import breakdown with all product categories
Full export breakdown with monthly trends
24-month import and export trend charts
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Imports
Exports
Annual data from BEA | 2024
Services Exports
$1.5B
Services Imports
$133.0M