Top Import Products of Venezuela

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10-Apr-2025

Overview

Venezuela
 

As the Venezuela import data reveals, the nation's top import products for 2023 were prominently characterized by:

> Machinery: 25%

> Electrical Equipment: 15%

> Pharmaceuticals: 12%

> Vehicles: 10%

> Food Products: 9%

> Chemicals: 8%

> Plastics: 7%

> Iron and Steel Products: 5%

> Textiles: 5%

> Medical Instruments: 4%

These top 10 import items represented a significant 100% of Venezuela's total import value for 2023. When analyzing Venezuela's customs records, it's evident that the fastest-growing import categories were Machinery (USD 2.5 billion), Electrical Equipment (USD 1.5 billion), and Pharmaceuticals (USD 1.2 billion) showing a robust upward trend. Conversely, the declining sectors in the import landscape included products of the Vehicles, Food Products, Chemicals, as well as Plastics.

For businesses and market analysts, the subsequent chart offers a deeper dive, showcasing the monetary value and market dynamics of Venezuela’s top 10 import commodities for 2023.

YOY and MOM comparison of growth and share of top Import Products of venezuela

Top Import Products of Venezuela

YOY comparison of growth and share of top Import Products of Venezuela

MOM comparison of growth and share of top Import Products of Venezuela

Import Products of Venezuela
100
1M 3M 6M 1Y 3Y ALL
Top Products 2023 2022 Growth% 2023 Share 2022 Share


HSN Code:  0  
Importers : Venezuela Importers 39,377
Venezuela Importers Shipment 293,326 		Value $0 $0 redDownArrow 0% 0.00%
Shipment 105,120 94,996 greenUpArrow 10.66% 33.95%
Sugar confectionery (including white choco-late), Not containing cocoa

HSN Code:  17049010   17049090   17041090  
Importers : Venezuela Importers 194
Venezuela Importers Shipment 40,107 		Value $74,972,971.72 $170,446,119.04 redDownArrow -56.01% 1.69%
Shipment 16,313 11,883 greenUpArrow 37.28% 5.27%
Medicaments (excluding goods of heading 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic uses, Put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings

HSN Code:  30049099   30049000   30049029  
Importers : Venezuela Importers 558
Venezuela Importers Shipment 31,251 		Value $114,746,752.49 $165,943,366.52 redDownArrow -30.85% 2.59%
Shipment 10,280 12,481 redDownArrow -17.63% 3.32%


HSN Code:   
Importers : Venezuela Importers 882
Venezuela Importers Shipment 13,447 		Value $0 $0 redDownArrow 0% 0.00%
Shipment 3,917 7,167 redDownArrow -45.35% 1.27%


HSN Code:  98072090   98072000  
Importers : Venezuela Importers 17
Venezuela Importers Shipment 11,077 		Value $174,885.22 $8,237,913.38 redDownArrow -97.88% 0.00%
Shipment 3,449 3,683 redDownArrow -6.35% 1.11%
Tubes, Pipes and hoses, Of vulcanised rubber other than hard rubber, With or without their fittings (for example, Joints, Elbows, Flanges) - not reinforced or otherwise combined with other materials :

HSN Code:  40093100   40093290   40092205  
Importers : Venezuela Importers 77
Venezuela Importers Shipment 10,703 		Value $1,631,875.87 $891,818.56 greenUpArrow 82.98% 0.04%
Shipment 3,226 2,665 greenUpArrow 21.05% 1.04%
Women’s or girls’ suits, Ensembles, Jackets, Blazers, Dresses, Skirts, Divided skirts, Trousers, Bib and brace overalls, Breeches and shorts (other than swim wear), Knitted or crocheted ---- suits :

HSN Code:  61046300   61044300   61042300  
Importers : Venezuela Importers 258
Venezuela Importers Shipment 10,368 		Value $18,174,330.13 $5,618,377.02 greenUpArrow 223.48% 0.41%
Shipment 5,083 2,035 greenUpArrow 149.78% 1.64%
Petroleum oils and oils obtained from bituminous minerals, Other than crude; preparations not elsewhere specified or included, Containing by weight 70% or more of petroleum oils or of oils obtained from bituminous minerals, These oils being the basic cons

HSN Code:  27101902   27101938   27101981  
Importers : Venezuela Importers 241
Venezuela Importers Shipment 9,721 		Value $168,853,648.71 $175,754,689.51 redDownArrow -3.93% 3.81%
Shipment 3,764 2,838 greenUpArrow 32.63% 1.22%
Chocolate and other food preparations containing cocoa

HSN Code:  18069000   18063100   18069060  
Importers : Venezuela Importers 258
Venezuela Importers Shipment 9,373 		Value $27,243,969.36 $71,838,634.36 redDownArrow -62.08% 0.61%
Shipment 3,768 3,559 greenUpArrow 5.87% 1.22%
Other articles of plastics and articles of other materials of headings 3901 to 3914

HSN Code:  39269090   39269099   39269097  
Importers : Venezuela Importers 512
Venezuela Importers Shipment 8,349 		Value $6,973,646.87 $4,910,782.64 greenUpArrow 42.01% 0.16%
Shipment 3,122 2,640 greenUpArrow 18.26% 1.01%
Bread, Pastry, Cakes, Biscuits and other bakers’ wares, Whether or not containing cocoa; communion wafers, Empty cachets of a kind suitable for pharmaceutical use, Sealing wafers, Rice paper and similar products

HSN Code:  19059010   19053100   19053211  
Importers : Venezuela Importers 301
Venezuela Importers Shipment 7,976 		Value $72,406,280.78 $90,082,456.61 redDownArrow -19.62% 1.63%
Shipment 3,201 3,025 greenUpArrow 5.82% 1.03%
Hand-operated spanners and wrenches (including torque meter wrenches but not including tap wrenches); interchangeable spanner sockets, With or without handles - hand-operated spanners and wrenches:

HSN Code:  82042099   82041199   82041299  
Importers : Venezuela Importers 27
Venezuela Importers Shipment 7,539 		Value $322,995.23 $523,275.96 redDownArrow -38.27% 0.01%
Shipment 1,807 3,691 redDownArrow -51.04% 0.58%
T-shirts, Singlets and other vests, Knitted or crocheted

HSN Code:  61091000   61099090   61099020  
Importers : Venezuela Importers 478
Venezuela Importers Shipment 7,419 		Value $15,076,394.77 $7,338,417.31 greenUpArrow 105.44% 0.34%
Shipment 3,534 1,529 greenUpArrow 131.13% 1.14%
Parts and accessories of the motor vehicles of headings 8701 to 8705

HSN Code:  87089900   87082999   87089997  
Importers : Venezuela Importers 211
Venezuela Importers Shipment 7,299 		Value $15,180,198.68 $9,126,244.39 greenUpArrow 66.34% 0.34%
Shipment 2,815 2,320 greenUpArrow 21.34% 0.91%
Preparations for use on the hair

HSN Code:  33051001   33059000   33059099  
Importers : Venezuela Importers 245
Venezuela Importers Shipment 5,664 		Value $23,406,689.99 $74,434,109.46 redDownArrow -68.55% 0.53%
Shipment 1,443 2,238 redDownArrow -35.52% 0.47%

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