Trade in goods with USA SITC (Standard International Trade Classification)
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Venezuela trade flows with USA by SITC*) product sections during 2021/3 - 2021/7

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2021/3
%
2021/4
%
2021/5
%
2021/6
%
2021/7
%
Export0.10.10.10.10.1
Import0.00.00.00.00.0
Trade in Goods0.00.00.00.00.1

USA's foreign trade with Venezuela, exports to Venezuela and imports from Venezuela in Juli 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In Juli Venezuela was USA's 81. most important foreign trade partner. Decrease from the previous month was 9 places. Most of the the value of trade consists of USA's exports to Venezuela. Amounting trade to worth of $198 million was 87.7 per cent bigger than in Juli of the previous year. During the month, the balance of trade with Venezuela was $157 million of surplus.

The value of imports from Venezuela was 96.9 per cent higher than in Juli of the previous year, thus amounting to $21 million. Major product categories of imports from Venezuela were Sitc034 (fish, fresh (live or dead), chilled or frozen), representing 20.5 percent of imports, Sitc773 (equipment for distributing electricity, n.e.s.) 20.0 % and Sitc037 (fish, crustaceans, molluscs and other aquatic invertebrates, prepared or preserved, n.e.s.) 17.7 % of the imports.

Exports to Venezuela grew strongly over the previous year's Juli. The value of exports was $178 million. The largest product groups of exports were: Sitc931 (special transactions and commodities not classified according to kind), which represented a share of 13.5 per cent of total exports, Sitc044 (maize (not including sweet corn), unmilled) 12.6 % and Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76) 11.7 % of the exports.

Significant increase in trade in goods in early 2021

During January-Juli, trade in goods with Venezuela has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-Juli of the previous year. Growth was as high as 58.8085527834513 per cent and the value of the trade increased to $1.1 billion. During January-Juli the value of imports was $128 million. The export value was $952 million. Compared to the corresponding period of the previous year, the value of imports increased by 30.9% and the value of exports by 63.5%. The largest product group in terms of imports has been Sitc037 (fish, crustaceans, molluscs and other aquatic invertebrates, prepared or preserved, n.e.s.), worth $36 million. In export the largest value had Sitc764 (telecommunications equipment, n.e.s., and parts, n.e.s., and accessories of apparatus falling within division 76), worth being $144 million. The trade balance between USA and Venezuelan between January and Juli was in surplus for USA. The timing surplus was $824 million.


Table: USA's export to Venezuela (VE) during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 43.8 28.6 57.2 40.7 45.3 31.4 29.4 26.9 60.10 34.3
03. Fish and fish preparations 0.3 0.2 0.3 0.2 0.6 0.4 0.2 0.2 0.2 0.1
04. Cereals and cereal preparations 17.3 11.3 26.1 18.6 34.7 24.0 7.9 7.2 42.8 24.1
05. Vegetables and fruit 0.4 0.2 0.5 0.3 0.7 0.5 0.5 0.4 0.7 0.4
07. Coffee,tea,cocoa,spices 0.2 0.1 0.3 0.2 0.4 0.2 0.4 0.3 0.6 0.3
08. Feeding stuff for animals 20.1 13.1 23.9 17.0 2.10 2.0 16.0 14.6 9.7 5.4
09. Miscellaneous edible products and preparations 5.1 3.3 5.9 4.2 5.8 4.0 4.3 3.9 6.8 3.8
1. Beverages and tobacco 0.9 0.5 1.5 1.0 0.9 0.6 0.7 0.6 2.2 1.2
11. Beverages 0.4 0.3 0.6 0.4 0.3 0.2 0.3 0.2 0.7 0.4
12. Tobacco and tobacco manufactures 0.5 0.3 1.0 0.7 0.6 0.4 0.5 0.4 1.5 0.8
2. Crude materials,inedible,except fuels 0.8 0.5 9.6 6.8 2.10 2.0 3.7 3.4 1.9 1.0
22. Oil seeds,oleaginous fruits 0 0.0 7.6 5.3 1.2 0.8 2.8 2.5 0.2 0.1
25. Pulp and waste paper 0 0.0 0.10 0.6 0.10 0.6 0.2 0.1 0.1 0.1
26. Textile fibres and their wastes 0.4 0.3 0.8 0.5 0.6 0.4 0.5 0.4 0.7 0.4
29. Crude animal,vegetable materials n.e.s. 0.2 0.1 0.1 0.1 0.3 0.2 0.2 0.1 0.8 0.4
3. Mineral fuels etc 34.2 22.3 5.1 3.6 2.9 2.0 3.4 3.0 4.0 2.2
33. Petroleum and products 34.1 22.3 5.1 3.6 2.9 2.0 3.3 3.0 4.0 2.2
4. Animal and vegetable oils and fats 13.4 8.7 0.1 0.0 9.8 6.8 4.8 4.3 5.2 2.9
42. Fixed vegetable fats and oils 13.4 8.7 0.1 0.0 9.8 6.8 4.8 4.3 5.2 2.9
5. Chemicals and related products,n.e.s. 11.1 7.2 16.2 11.5 13.4 9.2 15.8 14.4 12.3 6.9
51. Organic chemicals 0.6 0.3 4.1 2.9 1.8 1.2 1.9 1.7 1.5 0.8
52. Inorganic chemicals 1.5 0.9 0.4 0.3 0.8 0.5 3.5 3.1 0.3 0.1
54. Medicinal and pharmaceutical products 0.3 0.2 0.8 0.6 0.8 0.5 0.7 0.6 1.0 0.6
55. Perfume,cleaning etc.preparations 1.1 0.7 1.8 1.3 2.1 1.4 1.3 1.2 1.8 1.0
57. Plastics in primary forms 6.10 4.5 6.9 4.9 6.9 4.7 6.4 5.8 6.6 3.7
59. Chemical materials and products,n.e.s. 0.6 0.3 1.5 1.0 1.0 0.7 1.8 1.6 0.8 0.4
6. Basic manufactures 3.6 2.3 5.4 3.8 4.5 3.1 4.4 4.0 6.8 3.8
62. Rubber manufactures,n.e.s. 1.0 0.6 1.7 1.2 1.1 0.7 1.4 1.2 1.7 0.9
64. Paper,paperboard and articles thereof 0.8 0.5 1.2 0.8 1.4 0.9 0.10 0.8 1.9 1.0
65. Textile yarn,fabrics,made up articles,etc. 0.2 0.1 0.7 0.4 0.2 0.1 0.3 0.3 0.6 0.3
66. Non-metallic mineral manufactures,n.e.s. 0.7 0.4 0.4 0.3 0.5 0.3 0.9 0.8 0.4 0.2
68. Non-ferrous metals 0.4 0.2 0.1 0.1 0.1 0.0 0.1 0.1 0.6 0.3
69. Manufactures of metals,n.e.s. 0.7 0.4 1.2 0.8 1.3 0.8 0.8 0.7 1.6 0.9
7. Machinery,transport equipment 36.0 23.5 36.6 26.0 54.5 37.8 39.10 36.5 48.5 27.3
71. Power generating machinery and equipment 0.7 0.4 0.9 0.6 0.8 0.5 0.10 0.8 1.3 0.7
72. Machinery for specialized industries 1.2 0.7 1.5 1.0 0.10 0.6 1.0 0.9 1.1 0.6
74. General industrial machinery n.e.s. 2.2 1.4 2.6 1.8 2.5 1.7 2.5 2.2 4.3 2.4
75. Office machines and adp machines 10.5 6.8 5.6 3.9 4.8 3.3 4.4 4.0 3.9 2.2
76. Telecommunications and sound recording equipment 13.3 8.6 15.6 11.0 36.7 25.4 22.1 20.2 21.8 12.2
77. Electric machinery,n.e.s.and parts 3.9 2.5 5.8 4.1 4.5 3.1 5.5 5.0 7.6 4.2
78. Road vehicles 4.2 2.7 4.2 3.0 3.7 2.6 3.5 3.2 5.0 2.8
79. Other transport equipment 0.6 0.3 0.7 0.5 0.7 0.5 0.3 0.2 3.8 2.1
8. Miscellaneous manufactured articles 4.8 3.1 6.2 4.4 5.8 4.0 5.3 4.8 8.8 4.9
82. Furniture and parts thereof 0.6 0.3 1.3 0.9 1.1 0.7 0.9 0.8 1.7 0.9
84. Articles of apparel and clothing accessories 0.7 0.4 1.3 0.9 0.9 0.6 1.3 1.1 1.8 1.0
85. Footwear 0.3 0.1 0.7 0.5 0.5 0.3 0.3 0.2 0.5 0.3
87. Instruments and apparates n.e.s. 0.8 0.5 0.9 0.6 0.9 0.6 0.8 0.7 1.2 0.7
89. Miscellaneous manufactured articles,n.e.s. 2.1 1.3 1.10 1.4 2.1 1.4 1.10 1.8 3.1 1.7
9. Goods not classified elsewhere 4.9 3.2 3.2 2.2 4.7 3.2 2.4 2.1 27.4 15.4
93. Special transactions and commodities not classified 1.8 1.2 0.5 0.3 1.8 1.2 0.3 0.2 24.0 13.5
99. (USA Sitc) Estimate of non-canadian low value shipments; compiled low value shipments to canada; and various export shipments not identified by kind 3.1 2.0 2.8 2.0 2.9 2.0 2.2 1.9 3.5 1.9
0-9. All groups combined 152.9 100.0 140.6 100.0 144.3 100.0 109.3 100.0 177.8 100.0

Source: US Census Bureau

Table: Import from Venezuela (VE) to USA during 2021/3 - 2021/7

2021 / 32021 / 42021 / 52021 / 62021 / 7
million $%million $%million $%million $%million $%
0. Food and live animals 11.2 57.9 16.6 70.4 11.4 54.2 13.4 61.3 9.7 46.3
03. Fish and fish preparations 9.0 46.4 14.5 61.4 10.3 49.0 10.8 49.2 8.5 40.9
07. Coffee,tea,cocoa,spices 1.9 9.8 1.9 7.8 0.5 2.3 1.9 8.5 0.6 2.5
1. Beverages and tobacco 2.1 10.7 1.4 5.7 1.1 5.1 2.5 11.1 1.3 6.2
11. Beverages 2.1 10.7 1.4 5.7 1.1 5.1 2.5 11.1 1.3 6.2
2. Crude materials,inedible,except fuels 0.8 4.1 0.5 1.9 0.5 2.1 0.7 2.9 2.1 9.8
28. Metalliferous ores and metal scrap 0 0.0 0.1 0.0 0.1 0.0 0.2 0.7 1.3 6.1
29. Crude animal,vegetable materials n.e.s. 0.8 3.7 0.4 1.4 0.3 1.1 0.3 1.3 0.7 2.9
5. Chemicals and related products,n.e.s. 0.1 0.3 0.1 0.4 0.2 0.6 0.8 3.3 0.1 0.2
52. Inorganic chemicals 0.1 0.3 0 0.0 0 0.0 0.8 3.3 0 0.0
6. Basic manufactures 0.5 2.3 0.3 1.0 0.4 1.8 0.9 3.7 0.6 2.8
69. Manufactures of metals,n.e.s. 0.4 1.6 0.2 0.6 0.3 1.4 0.6 2.4 0.4 1.5
7. Machinery,transport equipment 3.3 16.6 2.6 10.7 4.4 20.7 2.4 10.6 4.5 21.4
77. Electric machinery,n.e.s.and parts 2.10 15.2 2.4 10.1 3.8 17.8 2.2 9.9 4.3 20.3
8. Miscellaneous manufactured articles 0.2 0.9 1.3 5.4 0.3 1.0 0.1 0.4 0.4 1.5
89. Miscellaneous manufactured articles,n.e.s. 0.2 0.8 1.3 5.2 0.2 0.9 0.1 0.3 0.3 1.3
9. Goods not classified elsewhere 1.4 6.8 1.1 4.3 3.1 14.5 1.4 6.2 2.4 11.2
93. Special transactions and commodities not classified 0.6 2.6 0.1 0.1 0.2 0.7 0.1 0.1 0.1 0.4
97. Gold,non-monetary 0.8 3.7 0.9 3.8 2.9 13.5 1.3 5.7 2.2 10.3
0-9. All groups combined 19.4 100.0 23.5 100.0 21.1 100.0 21.9 100.0 20.8 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - Juli (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - Juli (ATP)

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