# Belgium exports to Venezuela: Trade Route Risk | Yugalinks

Understand reported exports from Belgium to Venezuela, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/BEL-VEN/risk

## Route overview

In 2024, Belgium reported $70.6M in goods exports to Venezuela. The overall review level is High attention.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $70.6M | 2024 route total |
| Exports needing review | 96.5% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 3 | High-attention product types |
| Export volatility | 2.6 | Higher means bigger yearly swings |
| Below highest year | 17.2% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271012 | Not reported | $2.1B | 0% | High attention |
| 2 | 200410 | Vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen | $21.6M | 0% | High attention |
| 3 | 110710 | Malt: not roasted | $27.7M | 71.5% | Critical attention |
| 4 | 271019 | Not reported | $205.0M | 88.2% | High attention |
| 5 | 190190 | Food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.s. in heading no. 1901 | $120.7M | 77.8% | Watch |
| 6 | 230990 | Dog or cat food: (not put up for retail sale), used in animal feeding | $38.2M | 60.1% | Watch |
| 7 | 841490 | Pumps and compressors: parts, of air or vacuum pumps, air or other gas compressors and fans, ventilating or recycling hoods incorporating a fan | $16.8M | 88.7% | Watch |
| 8 | 350400 | Peptones and their derivatives: other protein substances and their derivatives n.e.c. or included, hide powder, whether or not chromed | $10.8M | 88.8% | Watch |
| 9 | 870324 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $74.5M | 50.1% | Watch |
| 10 | 848180 | Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves | $26.7M | 90.9% | Watch |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.