Foreign trade as a share of gdp reached 48.1% in 2014 in Venezuela, according to the National Statistical Office. This is 11.4% less than in the previous year.
Historically, foreign trade as a share of GDP in Venezuela reached an all time high of 62.1% in 1977 and an all time low of 35.7% in 1983.
Venezuela has been ranked 143rd within the group of 172 countries we follow in terms of foreign trade as a share of GDP.
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