# Venezuela exports to Italy: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Venezuela reported $284.3M in goods exports to Italy. 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 | $284.3M | 2024 route total |
| Exports needing review | 98.2% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 6 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 18.4% | 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 | $38.9B | 1% | High attention |
| 2 | 720310 | Ferrous products: obtained by direct reduction of iron ore, in lumps, pellets or similar forms | $225.1M | 61.5% | Critical attention |
| 3 | 760110 | Aluminium: unwrought, (not alloyed) | $1.5B | 0% | High attention |
| 4 | 720449 | Ferrous waste and scrap: n.e.s. in heading no. 7204 | $1.4B | 55% | Critical attention |
| 5 | 220840 | Rum and other spirits obtained by distilling fermented sugar-cane products | $151.4M | 39.7% | High attention |
| 6 | 270119 | Coal: (other than anthracite and bituminous), whether or not pulverised but not agglomerated | $48.9M | 83.2% | High attention |
| 7 | 280300 | Carbon: carbon blacks and other forms of carbon n.e.s. | $141.4M | 29% | Watch |
| 8 | 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 | $639.9M | 89.7% | High attention |
| 9 | 030752 | Molluscs: octopus (Octopus spp.), frozen | $363.8M | 0% | High attention |
| 10 | 310100 | Fertilizers, animal or vegetable: whether or not mixed together or chemically treated: fertilizers, produced by the mixing or chemical treatment of animal or vegetable products | $60.0M | 0% | 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.