Venezuela's oil exports to the US fall in 2013
Preliminary data shows an 8.3% setback in oil shipments
Preliminary statistics from the US Department of Energy reveals that oil exports to the US in January-June this year totaled 754,000 barrels per day, down 8.3% from 823,000 bpd in 2012.
The US has cut oil imports from Venezuela from a peak of 13.06 million barrels in 2006 to 10.59 million barrels in 2012, an 18.9 drop. Concomitantly, the US has raised local oil output from 5.07 million bpd in 2007 to an average of 7.18 million bpd in 2013.
Except for a slight decline in 2002-2003, oil exports to the US averaged 1.5 million bpd in the first decade of the 21st century.
In 2010, Venezuela shipped 988,000 bpd to the US and 951,000 bpd in 2011. In 2012, oil sales remained virtually unchanged, with shipments amounting to 952,000 barrels per day, according to the Department of Energy.
Translated by Jhean Cabrera
"Cocoa is to Venezuelans what wine is to the French," says Alejandro Prosperi, head of the Venezuelan Chamber of Cocoa, using this simile to express the paramount importance or the cocoa industry for the country. Often times heralded as "the best cocoa in the world," a passion for quality dating back to the sixteenth century has made Venezuelan cocoa growers to enjoy high prestige at international level and their product to be among the most sought-after in the world.