Venezuela recorded a trade surplus of 5680 USD Million in the first quarter of 2019. Balance of Trade in Venezuela averaged 4365.15 USD Million from 1990 until 2019, reaching an all time high of 18496 USD Million in the third quarter of 2008 and a record low of -3154 USD Million in the fourth quarter of 2008. source: Banco Central De Venezuela
Balance of Trade in Venezuela is expected to be 4900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Venezuela to stand at 5300.00 in 12 months time. In the long-term, the Venezuela Balance of Trade is projected to trend around 5200.00 USD Million in 2020, according to our econometric models.