{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/ven/270900",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/270900",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/270900",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "270900",
    "exporter_iso3": "VEN",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 87,
    "current_lane_count": 6,
    "active_market_count": 6,
    "exports_latest_observed_lanes_usd": 25970003470.502323,
    "exports_current_2024_usd": 9251798541.54388,
    "exports_avg_3y_usd": 4539625815.323669,
    "exports_avg_5y_usd": 3448550371.4080644,
    "exports_avg_10y_usd": 12819381608.383192,
    "exports_cagr_3y_pct": 163.96327569331254,
    "exports_cagr_5y_pct": -4.263981148049889,
    "exports_cagr_10y_pct": -16.011544729050676,
    "exports_all_year_lane_avg_usd": 35546378118.29751,
    "exports_historical_lane_peak_usd": 105682875090.82164,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 58.62068965517241,
    "trend_acceleration_pct": 179.97482042236322,
    "trend_label": "Rapid growth",
    "top_market_iso3": "WXD",
    "top_market_exports_usd": 13103662425,
    "top_market_share_pct": 50.456914416217224,
    "destination_hhi": 3091.115685122446,
    "weighted_share_latest_pct": 52.79334752698429,
    "weighted_share_change_1y_pp": 12.45013186163645,
    "weighted_volatility_cv": 0.9887241210339861,
    "weighted_max_drawdown_pct": 80.68023087297358,
    "limited_history_lane_share_pct": 51.724137931034484,
    "data_freshness_years": 0,
    "coverage_score": 73,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:30:17",
    "source": "api",
    "product": {
      "hs_code": 270900,
      "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
      "hs_chapter": 27,
      "hs_heading": 2709,
      "substitution_elasticity": -12.554918,
      "price_range_label": "Unclassified",
      "trade_type_label": "Two-way trade"
    },
    "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
    "hs_chapter": 27,
    "hs_heading": 2709,
    "destinations": [
      {
        "hs_code": 270900,
        "corridor_rank": 19,
        "exporter_iso3": "VEN",
        "importer_iso3": "WXD",
        "latest_data_year": 2008,
        "lane_data_years": 14,
        "exports_latest_observed_usd": 13103662425,
        "exports_all_year_avg_usd": 2579859225.260208,
        "exports_avg_3y_usd": 6421609009.595685,
        "exports_avg_5y_usd": 4471627584.557411,
        "exports_avg_10y_usd": 3205281007.4787054,
        "exports_cagr_3y_pct": 89.37661783258008,
        "exports_cagr_5y_pct": 26.24662267136484,
        "exports_cagr_10y_pct": 31.604056096963774,
        "exports_historical_peak_usd": 13103662425,
        "buyer_imports_latest_observed_usd": 528461853.7382777,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 69.23076923076923,
        "trend_acceleration_pct": 57.77256173561631,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -45.5392,
        "buyer_yoy_all_avg_pct": 33.7805,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 97.00605344357304,
        "market_share_change_1y_pp": 23.894971888911996,
        "peer_best_share_pct": 55.46098422482426,
        "peer_top_exporter": "NGA",
        "supplier_count_latest": 16,
        "buyer_market_hhi": 3749.98,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1912802540675655,
        "max_drawdown_pct": 71.51342655768205,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 270900,
        "corridor_rank": 47,
        "exporter_iso3": "VEN",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 28,
        "exports_latest_observed_usd": 5592227584.786042,
        "exports_all_year_avg_usd": 16634929749.15138,
        "exports_avg_3y_usd": 4438029593.718226,
        "exports_avg_5y_usd": 2963446230.414755,
        "exports_avg_10y_usd": 6713305290.661061,
        "exports_cagr_3y_pct": 631.6284307295525,
        "exports_cagr_5y_pct": 40.88069603383635,
        "exports_cagr_10y_pct": -14.149334086869247,
        "exports_historical_peak_usd": 44775501253.54855,
        "buyer_imports_latest_observed_usd": 164969722936.03137,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 59.25925925925926,
        "trend_acceleration_pct": 645.7777648164217,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 1.0507,
        "buyer_yoy_all_avg_pct": 9.4895,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 3.3898508679404666,
        "market_share_change_1y_pp": 1.3783688154211413,
        "peer_best_share_pct": 61.092666763146475,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 43,
        "buyer_market_hhi": 3869.99,
        "distance_km": 3428.630126953125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.019458452027374548,
        "tariff_advantage_pp": 0.0406292218958101,
        "volatility_cv": 0.731955977735699,
        "max_drawdown_pct": 99.96810866789197,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "VEN",
      "hs_code": 270900,
      "num_markets": 13,
      "highest_price_importer_iso3": "ITA",
      "highest_price_usd_per_ton": 666.0718313575638,
      "lowest_price_importer_iso3": "ESP",
      "lowest_price_usd_per_ton": 191.14243261969582,
      "median_price_across_markets": 329.30528244333385,
      "price_spread_pct": 144.22161564310554,
      "avg_quantity_metric_tons": 4145595.988909091,
      "total_trade_value_usd": 47377225835
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 43395708890.72674,
        "active_destinations": 24,
        "yoy_growth_pct": 25.555056504194035
      },
      {
        "year": 2011,
        "export_value_usd": 68026664525.216354,
        "active_destinations": 20,
        "yoy_growth_pct": 56.758965953320384
      },
      {
        "year": 2012,
        "export_value_usd": 65424339944.34712,
        "active_destinations": 21,
        "yoy_growth_pct": -3.8254478578831304
      },
      {
        "year": 2013,
        "export_value_usd": 66072240022.198364,
        "active_destinations": 19,
        "yoy_growth_pct": 0.9903043399480606
      },
      {
        "year": 2014,
        "export_value_usd": 52970031379.363495,
        "active_destinations": 18,
        "yoy_growth_pct": -19.83012629575281
      },
      {
        "year": 2015,
        "export_value_usd": 27526860082.355637,
        "active_destinations": 17,
        "yoy_growth_pct": -48.03314371250348
      },
      {
        "year": 2016,
        "export_value_usd": 20289472004.61666,
        "active_destinations": 14,
        "yoy_growth_pct": -26.292094543605604
      },
      {
        "year": 2017,
        "export_value_usd": 24393290163.130123,
        "active_destinations": 14,
        "yoy_growth_pct": 20.22634279285178
      },
      {
        "year": 2018,
        "export_value_usd": 27237429350.198105,
        "active_destinations": 11,
        "yoy_growth_pct": 11.659514432238543
      },
      {
        "year": 2019,
        "export_value_usd": 11504012626.491076,
        "active_destinations": 13,
        "yoy_growth_pct": -57.76395606728796
      },
      {
        "year": 2020,
        "export_value_usd": 3120842380.1909776,
        "active_destinations": 7,
        "yoy_growth_pct": -72.87170588630613
      },
      {
        "year": 2021,
        "export_value_usd": 503032030.8783359,
        "active_destinations": 4,
        "yoy_growth_pct": -83.8815303819492
      },
      {
        "year": 2022,
        "export_value_usd": 531362039.34684247,
        "active_destinations": 2,
        "yoy_growth_pct": 5.631849808657317
      },
      {
        "year": 2023,
        "export_value_usd": 3835716865.0802865,
        "active_destinations": 2,
        "yoy_growth_pct": 621.8650526475701
      },
      {
        "year": 2024,
        "export_value_usd": 9251798541.54388,
        "active_destinations": 6,
        "yoy_growth_pct": 141.20128953653176
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "VEN",
      "exports_usd": 13200085503.257254,
      "imports_usd": 14325240493.82624,
      "trade_balance_usd": -1125154990.568987,
      "yoy_exports_growth_pct": 82.11112530683995,
      "yoy_imports_growth_pct": 36.42892163766183,
      "exports_cagr_3y_pct": 44.378505179386885,
      "imports_cagr_3y_pct": 23.02352215844412,
      "export_partner_hhi": 2516.299220254697,
      "export_product_hhi": 4955.455899791821,
      "momentum_score": 70.79133926860403,
      "risk_score": 37.35877560023259,
      "gdp_million_usd": 119802.96325778269,
      "gdp_per_capita_usd": 4217.5910264339145,
      "population": 28405543,
      "labor_force": 13647.58,
      "investment_rate_pct": 20.62,
      "savings_rate_pct": 16.2,
      "secondary_education_pct": 71.03,
      "tertiary_education_pct": 14.49,
      "total_factor_productivity": 531.08,
      "trade_openness_pct": 14.390220515210059,
      "exports_gdp_pct": 6.900995150125605,
      "num_active_partners": 270,
      "num_fta_partners": 5,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 3,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 9222.366255144032,
      "avg_partner_gdp_million_usd": 533678518.3258192,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 1.8518518518518516,
      "pct_partners_shared_language": 8.88888888888889,
      "pct_partners_shared_border": 1.1111111111111112,
      "avg_applied_tariff_pct": 0.13132459018022274,
      "avg_mfn_tariff_pct": 0.13716341397185977,
      "avg_preferential_tariff_pct": 0.04698212517883296,
      "tariff_advantage_pp": 0.09018128879302681,
      "avg_distance_all_partners_km": 9022.806952651094,
      "num_border_partners": 75,
      "num_colonial_partners": 25,
      "avg_substitution_elasticity": -9.79007230856391,
      "pct_products_high_elasticity": 69.9105733824303,
      "pct_products_low_elasticity": 3.787480273540242,
      "real_market_potential": 200308.2871830689,
      "foreign_market_potential": 9461.022611337874
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "270900",
    "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude",
    "hs_chapter": 27,
    "hs_heading": 2709
  },
  "destinations": [
    {
      "hs_code": 270900,
      "corridor_rank": 19,
      "exporter_iso3": "VEN",
      "importer_iso3": "WXD",
      "latest_data_year": 2008,
      "lane_data_years": 14,
      "exports_latest_observed_usd": 13103662425,
      "exports_all_year_avg_usd": 2579859225.260208,
      "exports_avg_3y_usd": 6421609009.595685,
      "exports_avg_5y_usd": 4471627584.557411,
      "exports_avg_10y_usd": 3205281007.4787054,
      "exports_cagr_3y_pct": 89.37661783258008,
      "exports_cagr_5y_pct": 26.24662267136484,
      "exports_cagr_10y_pct": 31.604056096963774,
      "exports_historical_peak_usd": 13103662425,
      "buyer_imports_latest_observed_usd": 528461853.7382777,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 69.23076923076923,
      "trend_acceleration_pct": 57.77256173561631,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -45.5392,
      "buyer_yoy_all_avg_pct": 33.7805,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 97.00605344357304,
      "market_share_change_1y_pp": 23.894971888911996,
      "peer_best_share_pct": 55.46098422482426,
      "peer_top_exporter": "NGA",
      "supplier_count_latest": 16,
      "buyer_market_hhi": 3749.98,
      "distance_km": null,
      "has_reported_fta": null,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.1912802540675655,
      "max_drawdown_pct": 71.51342655768205,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 270900,
      "corridor_rank": 47,
      "exporter_iso3": "VEN",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 28,
      "exports_latest_observed_usd": 5592227584.786042,
      "exports_all_year_avg_usd": 16634929749.15138,
      "exports_avg_3y_usd": 4438029593.718226,
      "exports_avg_5y_usd": 2963446230.414755,
      "exports_avg_10y_usd": 6713305290.661061,
      "exports_cagr_3y_pct": 631.6284307295525,
      "exports_cagr_5y_pct": 40.88069603383635,
      "exports_cagr_10y_pct": -14.149334086869247,
      "exports_historical_peak_usd": 44775501253.54855,
      "buyer_imports_latest_observed_usd": 164969722936.03137,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 59.25925925925926,
      "trend_acceleration_pct": 645.7777648164217,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 1.0507,
      "buyer_yoy_all_avg_pct": 9.4895,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 3.3898508679404666,
      "market_share_change_1y_pp": 1.3783688154211413,
      "peer_best_share_pct": 61.092666763146475,
      "peer_top_exporter": "CAN",
      "supplier_count_latest": 43,
      "buyer_market_hhi": 3869.99,
      "distance_km": 3428.630126953125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.019458452027374548,
      "tariff_advantage_pp": 0.0406292218958101,
      "volatility_cv": 0.731955977735699,
      "max_drawdown_pct": 99.96810866789197,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "VEN",
    "hs_code": 270900,
    "num_markets": 13,
    "highest_price_importer_iso3": "ITA",
    "highest_price_usd_per_ton": 666.0718313575638,
    "lowest_price_importer_iso3": "ESP",
    "lowest_price_usd_per_ton": 191.14243261969582,
    "median_price_across_markets": 329.30528244333385,
    "price_spread_pct": 144.22161564310554,
    "avg_quantity_metric_tons": 4145595.988909091,
    "total_trade_value_usd": 47377225835
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 43395708890.72674,
      "active_destinations": 24,
      "yoy_growth_pct": 25.555056504194035
    },
    {
      "year": 2011,
      "export_value_usd": 68026664525.216354,
      "active_destinations": 20,
      "yoy_growth_pct": 56.758965953320384
    },
    {
      "year": 2012,
      "export_value_usd": 65424339944.34712,
      "active_destinations": 21,
      "yoy_growth_pct": -3.8254478578831304
    },
    {
      "year": 2013,
      "export_value_usd": 66072240022.198364,
      "active_destinations": 19,
      "yoy_growth_pct": 0.9903043399480606
    },
    {
      "year": 2014,
      "export_value_usd": 52970031379.363495,
      "active_destinations": 18,
      "yoy_growth_pct": -19.83012629575281
    },
    {
      "year": 2015,
      "export_value_usd": 27526860082.355637,
      "active_destinations": 17,
      "yoy_growth_pct": -48.03314371250348
    },
    {
      "year": 2016,
      "export_value_usd": 20289472004.61666,
      "active_destinations": 14,
      "yoy_growth_pct": -26.292094543605604
    },
    {
      "year": 2017,
      "export_value_usd": 24393290163.130123,
      "active_destinations": 14,
      "yoy_growth_pct": 20.22634279285178
    },
    {
      "year": 2018,
      "export_value_usd": 27237429350.198105,
      "active_destinations": 11,
      "yoy_growth_pct": 11.659514432238543
    },
    {
      "year": 2019,
      "export_value_usd": 11504012626.491076,
      "active_destinations": 13,
      "yoy_growth_pct": -57.76395606728796
    },
    {
      "year": 2020,
      "export_value_usd": 3120842380.1909776,
      "active_destinations": 7,
      "yoy_growth_pct": -72.87170588630613
    },
    {
      "year": 2021,
      "export_value_usd": 503032030.8783359,
      "active_destinations": 4,
      "yoy_growth_pct": -83.8815303819492
    },
    {
      "year": 2022,
      "export_value_usd": 531362039.34684247,
      "active_destinations": 2,
      "yoy_growth_pct": 5.631849808657317
    },
    {
      "year": 2023,
      "export_value_usd": 3835716865.0802865,
      "active_destinations": 2,
      "yoy_growth_pct": 621.8650526475701
    },
    {
      "year": 2024,
      "export_value_usd": 9251798541.54388,
      "active_destinations": 6,
      "yoy_growth_pct": 141.20128953653176
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "VEN",
    "exports_usd": 13200085503.257254,
    "imports_usd": 14325240493.82624,
    "trade_balance_usd": -1125154990.568987,
    "yoy_exports_growth_pct": 82.11112530683995,
    "yoy_imports_growth_pct": 36.42892163766183,
    "exports_cagr_3y_pct": 44.378505179386885,
    "imports_cagr_3y_pct": 23.02352215844412,
    "export_partner_hhi": 2516.299220254697,
    "export_product_hhi": 4955.455899791821,
    "momentum_score": 70.79133926860403,
    "risk_score": 37.35877560023259,
    "gdp_million_usd": 119802.96325778269,
    "gdp_per_capita_usd": 4217.5910264339145,
    "population": 28405543,
    "labor_force": 13647.58,
    "investment_rate_pct": 20.62,
    "savings_rate_pct": 16.2,
    "secondary_education_pct": 71.03,
    "tertiary_education_pct": 14.49,
    "total_factor_productivity": 531.08,
    "trade_openness_pct": 14.390220515210059,
    "exports_gdp_pct": 6.900995150125605,
    "num_active_partners": 270,
    "num_fta_partners": 5,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 3,
    "num_shared_language_partners": 24,
    "avg_partner_distance_km": 9222.366255144032,
    "avg_partner_gdp_million_usd": 533678518.3258192,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 1.8518518518518516,
    "pct_partners_shared_language": 8.88888888888889,
    "pct_partners_shared_border": 1.1111111111111112,
    "avg_applied_tariff_pct": 0.13132459018022274,
    "avg_mfn_tariff_pct": 0.13716341397185977,
    "avg_preferential_tariff_pct": 0.04698212517883296,
    "tariff_advantage_pp": 0.09018128879302681,
    "avg_distance_all_partners_km": 9022.806952651094,
    "num_border_partners": 75,
    "num_colonial_partners": 25,
    "avg_substitution_elasticity": -9.79007230856391,
    "pct_products_high_elasticity": 69.9105733824303,
    "pct_products_low_elasticity": 3.787480273540242,
    "real_market_potential": 200308.2871830689,
    "foreign_market_potential": 9461.022611337874
  }
}