 |
LATIN AMERICA |
| |
Venezuelan Exports to U.S. Fall 60%
CARACAS -- Venezuelan sales to the United
States reached $8.24 billion in the third
quarter, a drop of 50.9 percent from the
same period in 2008, the Venezuelan-American
Chamber of Industry and Commerce said
Tuesday.
At the same time, U.S. sales to Venezuela
fell by 38.93 percent between July and
September for a total of $2.08 billion,
Venamcham, as the group is known, said in a
report.
With regard to Venezuelan exports, 96.61
percent of those sales during the third
quarter of 2009 were in the petroleum
sector.
Venezuela is the world's fifth largest
exporter of crude and the No. 4 supplier of
the United States, to which it sends 1.5
million barrels per day, according to
official figures.
Venamcham said that between Jan. 1 and Sept.
30 Venezuela's exports to the U.S. fell by
60% for a total of $20.35 billion compared
with $51.4 billion in the first nine months
of 2008.
At the same time, Venezuelan purchases from
the United States fell by 38.93 percent
between last July and September, to $2.08
billion.
During the third quarter, 90.41 percent of
Venezuelan imports from the U.S. were in the
non-oil sector and 9.59 percent in the oil
sector, Venamcham said.
Between last January and September,
Venezuelan purchases from the United States
experienced a drop of 20.65 percent for a
total of $7.05 billion, according to
Venamcham.
The US still remains Venezuela's number one
trade partner despite the often rocky
rhetoric between Caracas and Washington. |
|
|
|
|
| |
|
|
|
|
|
|
