Singapore Exports to Venezuela

Singapore's exports to Venezuela rose to $7.18 million in 2023, up from $2.22 million in 2022, according to the UN Comtrade Database. This represents an increase of 222.8% ($4.96 million) from the previous year. Top exports from Singapore to Venezuela were Dairy, eggs, honey, other animal products ($5.35 million), Electrical machinery and equipment ($847,784.40), Optical, medical, measuring instruments ($259,489.44).

Singapore moved from a trade deficit with Venezuela of $487,997.6 in 2022 to a surplus of $4.47M in 2023. This represents a reversal of $4.96 million (1015.8%).

Exported Goods Historical Exports Data

Singapore Exports to Venezuela by Goods (2023)

The table below shows the ranking of Singapore exports to Venezuela by goods in 2023, highlighting the top exported goods.

Export Rank	Exported Goods	Export Value (USD) ↓	Year
1	Dairy, eggs, honey, other animal products	$5.35M	2023
2	Electrical machinery and equipment; audio and video equipment	$847,784.40	2023
3	Optical, medical, measuring instruments	$259,489.44	2023
4	Vehicles other than railway or tramway and parts	$226,207.78	2023
5	Unspecified commodities	$209,769.48	2023
6	Zinc and zinc articles	$198,352.69	2023
7	Machinery, mechanical appliances, reactors	$83,730.58	2023
8	Miscellaneous base metal articles	$4,034.19	2023

Singapore Exports to Venezuela (1989-2023)

The table below shows historical data for Singapore exports to Venezuela by year, expressed in Million USD.

Year	Export Value (Million USD)
2023	7.18
2022	2.22
2021	5.19
2020	1.27
2019	2.07
2018	6.46
2017	4.44
2016	27.39
2015	43.28
2014	67.50
2013	43.56
2012	66.40
2011	146.60
2010	26.82
2009	38.60
2008	37.02
2007	40.80
2006	38.44
2005	23.95
2004	13.10
2003	7.12
2002	13.04
2001	31.25
2000	29.29
1999	22.02
1998	24.66
1997	16.60
1996	10.65
1995	16
1994	25.02
1993	48.81
1992	31.37
1991	22.47
1990	13.36
1989	8.61