Venezuela - Real Net Exports





Venezuela: Real Net Exports

Mnemonic NETEX$.IVEN
Unit Ths. 1997 VEF, NSA
Adjustments Not Seasonally Adjusted
Annual 23.98 %
Data 2014 -15,105,265
2013 -19,871,094

Series Information

Source Central Bank of Venezuela
Release GDP-Annual
Frequency Annual
Start Date 12/31/1997
End Date 12/31/2014

Venezuela: Trade

Reference Last Previous Units Frequency
Balance of Goods 2015 Q3 -782 3,330 Millions of US $, NSA Quarterly
Current Account Balance 2015 Q3 -5,050 -1,899 Millions US $, NSA Quarterly
Exports of Goods 2015 Q3 8,483 12,108 Millions of US $, NSA Quarterly
Imports of Goods 2015 Q3 9,265 8,778 Millions of US $, NSA Quarterly
Exports of Goods and Services 2014 506,030,378 556,182,770 Thousands of VEF, NSA Annual
Imports of Goods and Services 2014 951,718,767 662,811,055 Thousands of VEF, NSA Annual
Net Exports 2014 -445,688,384 -106,628,288 Thousands of VEF, NSA Annual
Real Exports of Goods and Services 2014 7,444,336 7,808,034 Thousands of 1997 VEF, NSA Annual
Real Imports of Goods and Services 2014 22,549,601 27,679,128 Thousands of 1997 VEF, NSA Annual
Real Net Exports 2014 -15,105,265 -19,871,094 Ths. 1997 VEF, NSA Annual

Release Information

Due to the source not updating data in all of 2014, we have decided that we will now check for new data once a month. 

The national accounts of Venezuela cover the economic activities of all resident units. This includes legal production activities within territorial boundaries. Also included are indirect estimates of some informal activities such as: crafts, nonorganized passenger transportation, real estate services, and own account services. Formal and informal trade is estimated on the basis of coefficients for trade and transport margins obtained in the 1987 survey of margins and distribution channels. Direct estimates of unincorporated family businesses are not included. National accounts cover all money transactions. Imports are adjusted for seized contraband and mining output for the illegal production of gold and diamonds.

Samples for estimating the production and output of certain nonfinancial private sector activities include data on economic units located in the major cities of the country: Caracas Metropolitan Area, Maracay, Valencia, Puerto La Cruz, Barcelona, Ciudad Bolívar, Puerto Ordaz, Barquisimeto, Maracaibo, and their surrounding areas. In some cases, approximations are calculated for the rest of the country.

Data is subject to revisions.

Current publications use the International Standard Industrial Classifications and cover the following activities: Agriculture; Crude oil and natural gas; Mining; Manufacturing industry; Oil refining; Electricity; Water supply, Construction; Business, restaurants, and hotels; Transportation, storage, and communications; Financial institutions, Insurance; Real estate; Business services; Community, social, and personal services; Producers of general government services and Producers of private nonprofit services.