Fuel exports (% of merchandise exports) in Venezuela
Venezuela: Fuel exports (% of merchandise exports) was 97.7% in 2013. ▼ Falling
Fuel exports in Venezuela, 1962–2013
Source: Staff estimates, World Bank (WB). Measured in % of merchandise exports.
Analysis
The most recent figure for fuel exports in Venezuela is 97.7%, measured in 2013.
The figure is down 1.1% on the previous year and up 18.8% over ten years.
Over the whole period, fuel exports in Venezuela peaked at 98.8% in 2012 and was at its lowest, 67.2%, in 2011.
Venezuela ranks 2nd of 192 countries on this measure, in the top 10%.
The long-run direction has been consistently falling across the 49 years of available data.
Fuel exports (% of merchandise exports) in Venezuela, year by year
| Year | % of merchandise exports | Change |
|---|---|---|
| 1962 | 92.4% | — |
| 1963 | 92.9% | +0.6% |
| 1964 | 91.1% | -1.9% |
| 1965 | 92.5% | +1.6% |
| 1966 | 93.4% | +1.0% |
| 1967 | 93.4% | +0.0% |
| 1968 | 93.5% | +0.0% |
| 1969 | 92.4% | -1.2% |
| 1970 | 91.0% | -1.5% |
| 1971 | 91.5% | +0.6% |
| 1972 | 90.6% | -1.0% |
| 1973 | 93.1% | +2.8% |
| 1974 | 95.1% | +2.2% |
| 1975 | 94.6% | -0.5% |
| 1976 | 93.8% | -0.9% |
| 1977 | 92.6% | -1.3% |
| 1978 | 94.5% | +2.0% |
| 1979 | 92.8% | -1.8% |
| 1980 | 94.0% | +1.3% |
| 1981 | 92.8% | -1.2% |
| 1982 | 95.0% | +2.3% |
| 1983 | 95.4% | +0.5% |
| 1984 | 93.1% | -2.4% |
| 1985 | 80.0% | -14.1% |
| 1986 | 84.1% | +5.1% |
| 1987 | 87.1% | +3.7% |
| 1990 | 80.1% | -8.1% |
| 1991 | 80.9% | +1.0% |
| 1992 | 79.9% | -1.2% |
| 1993 | 77.6% | -2.9% |
| 1994 | 75.9% | -2.1% |
| 1995 | 76.3% | +0.4% |
| 1996 | 80.8% | +5.9% |
| 1997 | 78.9% | -2.3% |
| 1998 | 70.6% | -10.5% |
| 1999 | 81.4% | +15.2% |
| 2000 | 86.1% | +5.8% |
| 2001 | 83.0% | -3.5% |
| 2002 | 80.1% | -3.5% |
| 2003 | 82.2% | +2.7% |
| 2004 | 83.4% | +1.4% |
| 2005 | 87.8% | +5.3% |
| 2006 | 92.6% | +5.4% |
| 2008 | 93.7% | +1.3% |
| 2009 | 95.9% | +2.3% |
| 2010 | 93.4% | -2.6% |
| 2011 | 67.2% | -28.1% |
| 2012 | 98.8% | +47.0% |
| 2013 | 97.7% | -1.1% |
Venezuela compared with similar countries
- Venezuela's 97.7% is above the median for lower middle income countries, which is 2.2%, 45.0× the median. (47 countries reporting)
- Venezuela's 97.7% is above the median for Latin America & Caribbean, which is 2.5%, 39.1× the median. (37 countries reporting)
Biggest year-on-year movements
Years where Fuel exports (% of merchandise exports) in Venezuela changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +47.0% | 67.2% | 98.8% |
| 2011 | -28.1% | 93.4% | 67.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 92.7% | 91.1% | 93.5% | 8 |
| 1970s | 93.0% | 90.6% | 95.1% | 10 |
| 1980s | 90.2% | 80.0% | 95.4% | 8 |
| 1990s | 78.2% | 70.6% | 81.4% | 10 |
| 2000s | 87.2% | 80.1% | 95.9% | 9 |
| 2010s | 89.3% | 67.2% | 98.8% | 4 |
Countries ranked near Venezuela
More energy & mining data for Venezuela
- Primary energy from fossil nuclear renewables, per unit of GDP 0 units per US$ of GDP (2025)
- Fuel imports 0.8% (2013)
- Ores and metals imports 1.2% (2013)
- Ores and metals exports 0.4% (2013)
- Gas production 310.44 terawatt-hours (2025)
- Fossil fuel production per person, by fuel 10,886 kilowatt-hours per person (2025)
- Fossil fuel production by fuel 310.44 terawatt-hours (2025)
- Gas production per person 10,886 kilowatt-hours per person (2025)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2025)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2025)
Frequently asked questions
- What is fuel exports in Venezuela?
- Fuel exports in Venezuela was 97.7% in 2013, according to Staff estimates, World Bank (WB).
- What is the highest fuel exports recorded in Venezuela?
- The highest recorded value was 98.8% in 2012.
- What is the lowest fuel exports recorded in Venezuela?
- The lowest recorded value was 67.2% in 2011.
- How does Venezuela rank for fuel exports?
- Venezuela ranks 2nd out of 192 countries with data for 2013.
- Is fuel exports rising or falling in Venezuela?
- Over the last ten years it is up 18.8%. The long-run trend across the full record is falling.
- Where does this Venezuela data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Fuel exports (% of merchandise exports). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Fuels comprise the commodities in SITC (Rev. 3) section 3 (mineral fuels, lubricants and related materials). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.