Trade Balance in Venezuela

Venezuela Trade Balance | Economic News & Forecasts

Venezuela - Trade Balance

Venezuela was thrown into uncharted political territory after the government-controlled Supreme Court backtracked on its decision to suspend the opposition-controlled National Assembly. The unprecedented ruling opens a new chapter in the long and bitter standoff between both factions and has exposed the first visible cracks in the ruling party. It is extremely uncertain how future events will play out and whether the government will be able to quell growing domestic and international pressure amid a catastrophic economic scenario. Oil prices in March declined to pre-OPEC deal lows, wiping out hopes for an improvement in public finances and risking recourse to already depleted international reserves to comply with looming bond payments. Financial markets have also experienced turbulence, with bond prices tumbling and credit default swaps increasing as an almost USD 3.0 billion payment is due in mid-April.

Venezuela - Trade Balance Data

2011  2012  2013  2014  2015  
Trade Balance (USD billion)41.2  31.9  31.6  27.2  -     

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Venezuela Trade Balance Chart

Venezuela Trade
Note: Trade balance in USD billion.
Source: Venezuela Central Bank and FocusEconomics calculations.

Venezuela Facts

Exchange Rate10.000.0 %May 10
Stock Market60,6572.16 %May 10

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