Venezuela - Real Net Exports

Venezuela: Real Net Exports

Mnemonic NETEX$.IVEN
Unit Ths. 1997 VEF, NSA
Adjustments Not Seasonally Adjusted
Annual 139.76 %
Data 2017 852,778
2016 -2,144,944

Series Information

Source Central Bank of Venezuela
Release GDP-Annual
Frequency Annual
Start Date 12/31/1997
End Date 12/31/2017

Venezuela: Trade

Reference Last Previous Units Frequency
Balance of Goods 2019 Q1 5,680 4,616 Millions of US $, NSA Quarterly
Current Account Balance 2019 Q1 2,533 1,687 Millions US $, NSA Quarterly
Exports of Goods 2019 Q1 8,627 8,257 Millions of US $, NSA Quarterly
Imports of Goods 2019 Q1 -2,947 3,641 Millions of US $, NSA Quarterly
Exports of Goods and Services 2017 61,708,926,179 9,022,191,949 Thousands of VEF, NSA Annual
Imports of Goods and Services 2017 73,190,567,237 7,665,967,045 Thousands of VEF, NSA Annual
Net Exports 2017 -11,481,641,058 1,356,224,904 Thousands of VEF, NSA Annual
Real Exports of Goods and Services 2017 6,511,658 6,514,523 Thousands of 1997 VEF, NSA Annual
Real Imports of Goods and Services 2017 5,658,880 8,659,467 Thousands of 1997 VEF, NSA Annual
Real Net Exports 2017 852,778 -2,144,944 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.