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Belarus-Venezuela: Trade and Economic Cooperation

Belarus-Venezuela: Trade and Economic Cooperation

05.10.2017 | 11:52

In 2016 Belarus-Venezuela annual trade fell below the level the two states had ten years ago. The countries, however, continue implementing joint projects in housing construction, oil production, installation of gas services, energy, agriculture, industry and science.

Bilateral trade ($ million):

2006 – 6

2007 – 43.6

2008 – 173.2

2009 – 230.6

2010 – 1454.7

2011 – 1328.5

2012 – 580.7

2013 – 83.3

2014 – 99.7

2015 – 27.4

2016 – 2

Belarus' exports to Venezuela:

potash fertilizers

tractors and tractive units, trucks, special purpose vehicles, road and construction equipment

automotive parts, combustion engines

milk, cream and other products.

Venezuela's exports to Belarus:

iron ore products

coffee and other goods.

Source: Belarusian National Statistics Committee, Belarus' Ministry of Foreign Affairs