International Trade in Venezuela

International Trade in Venezuela

Venezuela depends excessively on the fluctuations in oil prices,Venezuela's economy was strongly affected by the global economic crisis, the growth of its GDP was contracted to -3.3% in 2009 and -1.3% in 2010.  Even if its growth becomes positive in 2011, the perspectives are not very... Read more

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Market Analyses About Venezuela (61)

Import and Export Services in Venezuela (209)

  • Imexve C.A

    Imexve C.A

    Third Party Logistics, Venezuela

    International Trade Experts
  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Venezuela

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...

Business Tips About Venezuela (9)

Agents and Distributors in Venezuela (38)

  • AW SUNNY STEEL

    AW SUNNY STEEL

    Metal Sales and Distribution, Venezuela

    sunnyofsteel at g m a i l c o m Excellent in nickel monel inconel incoloy hastelloy duplex stainless steel pipe tube flange flanges...
  • AD Global Group

    AD Global Group

    Food/Agricultural Sales and Distribution, Venezuela

    Wine, Food and Beverage Import, Sales and Distribution WE ARE DIRECT IMPORTERS

Overview About International Trade in Venezuela

Main Industry Sectors

With a minimal significance in its economy, the agricultural sector of Venezuela contributes to 4% of the GDP and employs about 9% of the active population. The main agricultural products of the country are: corn, wheat, soya, sugar cane, rice, cotton, bananas, vegetables, coffee, beef and pork meats, milk, eggs and fish. Venezuela benefits from important natural resources: oil, gas, gold and silver mines, bauxite and diamonds.

The industrial sector represents almost 60% of the GDP and employs close to 24% of the population. The main industrial activities are oil (controlled by a state's company, oil represents the first natural wealth source of the country), construction material, foodstuffs, textile, iron, steel, aluminum and motor-car assembly.

The services sector represents a little less than 40% of the GDP and employs two thirds of the active population.

 

Economic Overview

Venezuela depends excessively on the fluctuations in oil prices,Venezuela's economy was strongly affected by the global economic crisis, the growth of its GDP was contracted to -3.3% in 2009 and -1.3% in 2010.  Even if its growth becomes positive in 2011, the perspectives are not very encour...

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