Crude oil and refined petroleum products accounted for ** percent of Venezuela's total export value in 2023. That year, crude oil was the greatest contributor to export value in the country. In previous years, U.S. sanctions had limited the oil industry's impact. The highest contribution of the period was reported in 2013, at nearly ** percent.
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The Observatory of Economic Complexity. (July 16, 2025). Share of total export value attributed to the petroleum industry in Venezuela from 2010 to 2023, by product type [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 28, 2026, from /statistics/1241042/venezuela-petroleum-industry-share-exports/
The Observatory of Economic Complexity. "Share of total export value attributed to the petroleum industry in Venezuela from 2010 to 2023, by product type." Chart. July 16, 2025. ÌÇÐÄÆƽâ°æ. Accessed July 28, 2026. /statistics/1241042/venezuela-petroleum-industry-share-exports/
The Observatory of Economic Complexity. (2025). Share of total export value attributed to the petroleum industry in Venezuela from 2010 to 2023, by product type. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 28, 2026. /statistics/1241042/venezuela-petroleum-industry-share-exports/
The Observatory of Economic Complexity. "Share of Total Export Value Attributed to The Petroleum Industry in Venezuela from 2010 to 2023, by Product Type." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 16 Jul 2025, /statistics/1241042/venezuela-petroleum-industry-share-exports/
The Observatory of Economic Complexity, Share of total export value attributed to the petroleum industry in Venezuela from 2010 to 2023, by product type ÌÇÐÄÆƽâ°æ, /statistics/1241042/venezuela-petroleum-industry-share-exports/ (last visited July 28, 2026)
Share of total export value attributed to the petroleum industry in Venezuela from 2010 to 2023, by product type [Graph], The Observatory of Economic Complexity, July 16, 2025. [Online]. Available: /statistics/1241042/venezuela-petroleum-industry-share-exports/
