Venezuela Customs Status & U.S. Trade Treatment
Last updated: August 2026 dataVenezuela has no free trade agreement with the United States. In August 2026, U.S. imports from Venezuela carried $2.2M of duty, an average duty rate of 0.14%.
At a glance
- U.S. trade agreement
- None
- Average duty rate, August 2026
- 0.14%
- Duty on U.S. imports
- $2.2M
- U.S. imports / exports
- $1.7B / $646.2M a month
Agreements per the U.S. Trade Representative; customs territory per the European Commission. Duty is what the Census Bureau calculates for the month, not what was paid; a product's rate can differ widely from the country average.
Top U.S. imports from Venezuela
These 5 make up 99% of U.S. imports from Venezuela in the latest month.
- Crude Petroleum & Bituminous Mineral Oils HS 270900$1.6B
- Petroleum Oils & Bituminous Mineral Oils (Non-Crude, Non-Biodiesel) HS 271019$106.8M
- Petroleum Bitumen HS 271320$13.8M
- Original Sculpture & Statuary (Under 100 Years Old) HS 970390$5.7M
- Methanol (Methyl Alcohol) HS 290511$4.9M
Top U.S. exports to Venezuela
These 5 make up 67% of U.S. exports to Venezuela in the latest month.
- Light Petroleum Oils & Preparations (Not Containing Biodiesel) HS 271012$348.5M
- Smartphones HS 851713$30.7M
- Corn (Maize), Other Than Seed Corn HS 100590$23.5M
- Soybean Oilcake & Other Solid Residues from Soy Oil Extraction HS 230400$18.3M
- Line Telephone Sets with Cordless Handsets HS 851711$14.3M
Trade overview
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.
Trade and duty figures: U.S. Census Bureau monthly foreign trade data.