ESPACIO PUBLICITARIO
CARACAS, Thursday January 24, 2013 | Update
 
|
share
|
BILATERAL TRADE | According to VenAmCham

Venezuelan oil imports from the US soar 474.96% in 2011-2012

Imports of oil products climbed from USD 486 million in January-November 2011 to USD 2.79 billion in the same period of 2012. In general terms, Venezuela-US trade balance hit USD 19.78 billion, favoring Venezuela

Venezuela's oil exports totaled USD 34.49 billion in 2012, down 11.35% with respect to 2011 (USD 38.91 billion) (File photo)
EL UNIVERSAL
Thursday January 24, 2013  01:58 PM
Venezuela's oil-related imports jumped by 474.96% in January-November 2012 as against the same period in 2011, according to data revealed by the Venezuelan-American Chamber of Trade and Industry (VenAmCham).

In 2012, Venezuela's purchases from the US stood at USD 2.79 billion, far above the figure recorded in 2011 (USD 486 billion). Imports comprised oil, oil byproducts, and related materials, the VenAmCham's report showed.

Non-oil imports soared 21.9% in January-November 2012 as well, from USD 10.75 billion in 2011 to USD 13.10 billion.

On the contrary, Venezuela's oil exports totaled USD 34.49 billion in 2012, down 11.35% with respect to 2011 (USD 38.91 billion).

Meanwhile, non-oil exports reported a slight rebound and amounted to USD 1.19 billion, 1.7% higher than USD 1.18 billion reported in 2011.

In general terms, Venezuela-US trade during January-November 2012 accounted for USD 19.7 billion, 31.42% below the figure recorded in 2011 (USD 28.85 billion) and in favor of Venezuela.

Translated by Jhean Cabrera
|
share
|
ADVERTISING SPACE
Dossier
The behind-the-scenes of the events of April 11, 2002

Alarmed because of the emotional breakdown suffered by his ally and his destiny; Fidel Castro requested asylum for deceased Venezuelan President Hugo Chávez in Madrid back on April 11, 2002. "The story had been much darker and more entangled than what some people's imagination has wanted to believe in and disclose," former Spain's President, José María Aznar, upholds in his autograph book published by late 2013.

 Ranking
  •  Read 
 
fotter clasificados.eluniversal.com Estampas
Alianzas
fotter clasificados.eluniversal.com Estampas
cerrar