# Venezuela exports to China: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Venezuela reported $1.4B in goods exports to China. The overall review level is Critical 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 | $1.4B | 2024 route total |
| Exports needing review | 99.8% | Share of route exports |
| Highest-priority products | 3 | Need the closest review |
| Products needing review | 11 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 69.7% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $291.6B | 93.7% | High attention |
| 2 | 260111 | Iron ores and concentrates: non-agglomerated | $111.0B | 68.8% | Critical attention |
| 3 | 271019 | Not reported | $17.9B | 95.5% | Critical attention |
| 4 | 290511 | Alcohols: saturated monohydric, methanol (methyl alcohol) | $2.7B | 46.8% | High attention |
| 5 | 271500 | Bituminous mixtures based on natural asphalt, on natural bitumen, on petroleum bitumen, on mineral tar or on mineral tar pitch (e.g. bituminous mastics, cut-backs) | $1.2B | 0% | High attention |
| 6 | 740400 | Copper: waste and scrap | $15.6B | 0% | High attention |
| 7 | 271311 | Petroleum coke: (not calcined), obtained from bituminous minerals | $1.7B | 77.1% | Critical attention |
| 8 | 260112 | Iron ores and concentrates: agglomerated (excluding roasted iron pyrites) | $2.3B | 27.2% | High attention |
| 9 | 030617 | Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water | $4.5B | 15.3% | High attention |
| 10 | 260900 | Tin ores and concentrates | $1.3B | 0% | High attention |

## 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.