U.S. Imports
$443.2M
U.S. Exports
$454.5M
Surplus of $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.
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Venezuela holds some of the world's largest proven oil reserves and has historically been a significant petroleum exporter. US trade with Venezuela has been substantially curtailed by economic sanctions and political instability, limiting commercial activity. Importers and exporters must carefully review OFAC regulations before engaging in transactions involving Venezuela.
Yes, the US Treasury Department's OFAC has imposed broad sanctions on Venezuela, including restrictions on dealings with the Venezuelan government and state oil company PDVSA. Specific licenses may be required for certain transactions.
Crude petroleum and refined petroleum products have historically constituted the vast majority of Venezuela's export revenue, though production has declined sharply in recent years.
Venezuela is assigned country code 3070 in US trade data systems.
Full import breakdown with all product categories
Full export breakdown with monthly trends
24-month import and export trend charts
EU customs territory, FTA coverage, and tariff treatment for Venezuela
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Compare U.S. trade balance across all countries
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Imports
Exports
Annual data from BEA | 2024
Services Exports
$1.5B
Services Imports
$133.0M
| Rank | Product | Import value |
|---|---|---|
| 1 | CRUDE OIL FROM PETROLEUM AND BITUMINOUS MINERALS | $332.8M |
| 2 | PETROL OIL BITUM MINERAL (NT CRUD) ETC NT BIODIESL | $74.5M |
| 3 | PROPANE, LIQUEFIED | $19.7M |
| 4 | COFFEE, NOT ROASTED, NOT DECAFFEINATED | $5.6M |
| 5 | COCOA BEANS, WHOLE OR BROKEN, RAW OR ROASTED | $5.0M |
| 6 | METHANOL (METHYL ALCOHOL) | $1.2M |
| 7 | RUM AND TAFIA | $909K |
| 8 | INSULATED ELECTRIC CONDUCTORS =< 80 V NESOI | $752K |
| 9 | IMPORTS OF ARTICLES EXPORTED & RETURNED, NO CHANGE | $434K |
| 10 | WAFFLES AND WAFERS | $331K |
| Rank | Product | Export value |
|---|---|---|
| 1 | LT OILS, PREPS GT=70% PETROLEUM/BITUM NT BIODIESEL | $254.5M |
| 2 | CORN (MAIZE), OTHER THAN SEED CORN | $41.8M |
| 3 | SOYBEAN OIL & FRACTIONS, CRUDE, WHETH/NOT DEGUMMED | $16.7M |
| 4 | SOYBEAN OILCAKE & OTH SOLID RESIDUE, WH/NOT GROUND |
| $16.0M |
| 5 | SMARTPHONES | $14.8M |
| 6 | POLYETHYLENE HAVING A SPECIFIC GRAVITY UNDER 0.94 | $12.2M |
| 7 | SOYBEANS, NESOI | $9.6M |
| 8 | LOW VALUE EXP SHP; CANADIAN EST LATE RECEIPTS | $9.2M |
| 9 | WHEAT AND MESLIN, NESOI | $8.6M |
| 10 | MTR VEH, SP-IG AND ELECTRIC MOTOR, CHARGED BY PLUG | $6.9M |