Energy

Lite

US, Top Buyer of Venezuelan Oil in 2024

Adi Ahdiat 05/01/2026 11:30 WIB

Bagikan URL has been copied

Memuat...

According to Trade Map data, the United States (US) is the main buyer of crude oil from Venezuela in 2024.

Countries Buying Crude Oil from Venezuela (2024)*

A Font Kecil
A Font Sedang
A Font Besar

Access single data

US, Top Buyer of Venezuelan Oil in 2024

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Countries Buying Crude Oil from Venezuela (2024)*

Download

Source

A Small
A Medium
A Bigger

The United States (US) government arrested Venezuelan President Nicolas Maduro on Saturday (January 3, 2026).

According to a press release from the US presidential office, The White House, Maduro's arrest is part of US efforts to combat drug trafficking.

"We are at war against drug trafficking organizations — not a war against Venezuela," said US Secretary of State Marco Rubio in a press release on Sunday (January 4, 2026).

"Maduro is not just an indicted drug trafficker; he was an illegitimate president," Marco said.

He also stated that the US arrested Maduro to prevent Venezuela's oil industry from being used to aid parties opposed to the US.

"We want Venezuela to move in a certain direction because not only do we think it’s good for the people of Venezuela, it’s in our national interest," Marco said.

"No more using the oil industry to enrich all our adversaries around the world," he added.

Venezuela is indeed recorded as the country with the largest oil reserves globally. However, oil exports from Venezuela are relatively small.

According to Trade Map data, Venezuela exported crude oil (HS code 2709) worth US$9.85 billion in 2024.

This figure represents only 0.9% of the total global crude oil export value, making Venezuela the 22nd largest oil exporter in the world.

In 2024, the largest buyer of oil from Venezuela was the US, with a value reaching US$5.88 billion, or 60% of Venezuela's total crude oil export value.

Other countries recorded as buying crude oil from Venezuela in 2024 include India, Spain, China, Italy, and Poland, with values as shown in the graph.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

World Bank's Global Oil Price Projections for 2026

Indonesia's Trade Balance Recorded a US$2.66 Billion Surplus in November 2025

Colombia, Location of the Largest Cocaine Seizure in Latin America in 2024

15 Countries with the Largest Cocaine Trafficking, Including the US and Venezuela

Java Dominates Indonesia's Total Trade Turnover in 2024

Foreign Investment in Venezuela Decreased During Maduro's Presidency

Latest Data Stories

Today's air humidity in Mojokerto City is 75-94%. Demographics 06/01/2026, 21:24 WIB

South Sumatra Most Polluted in Indonesia Tonight (6/1) Consumer Services & Health 06/01/2026, 19:31 WIB

Tomato Production 2013-2023 Technology & Telecommunications 06/01/2026, 19:23 WIB

Gross Regional Domestic Product (GRDP) of the Information and Communication Sector, 2013-2025 PDB 06/01/2026, 18:41 WIB

Today's humidity in Mesuji is 72-98%. Demographics 06/01/2026, 18:35 WIB

Warning! Mount Semeru Erupts Again Tonight (Tuesday, January 6, 2026) Demographics 06/01/2026, 18:33 WIB

Download

Source

US, Top Buyer of Venezuelan Oil in 2024

US, Top Buyer of Venezuelan Oil in 2024

Tags

Related Data

World Bank's Global Oil Price Projections for 2026

Indonesia's Trade Balance Recorded a US$2.66 Billion Surplus in November 2025

Colombia, Location of the Largest Cocaine Seizure in Latin America in 2024

15 Countries with the Largest Cocaine Trafficking, Including the US and Venezuela

Java Dominates Indonesia's Total Trade Turnover in 2024

Foreign Investment in Venezuela Decreased During Maduro's Presidency

Latest Data Stories

Popular Data

US, Top Buyer of Venezuelan Oil in 2024

US, Top Buyer of Venezuelan Oil in 2024

Tags

Related Data

World Bank's Global Oil Price Projections for 2026

Indonesia's Trade Balance Recorded a US$2.66 Billion Surplus in November 2025

Colombia, Location of the Largest Cocaine Seizure in Latin America in 2024

15 Countries with the Largest Cocaine Trafficking, Including the US and Venezuela

Java Dominates Indonesia's Total Trade Turnover in 2024

Foreign Investment in Venezuela Decreased During Maduro's Presidency

Latest Data Stories

Trending Topics

Popular Data