{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/price-exporter/ven/270900",
  "page": {
    "title": "Venezuela HS6 270900 Export Price Comparison | Yugalinks",
    "description": "Compare reported Venezuela export prices for HS6 270900. See the median unit value, destination comparisons, trade value, and annual price trends.",
    "route": "/trade/price-exporter/ven/270900"
  },
  "exporter": {
    "iso3": "VEN",
    "name": "Venezuela"
  },
  "product": {
    "hs_code": "270900",
    "description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude"
  },
  "summary": {
    "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
  },
  "marketRows": [
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "CHN",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 394.775365564917,
      "quantity_metric_tons": 11384982,
      "trade_value_usd": 4494510431,
      "market_median_price_usd_per_ton": 479.9878034250408,
      "price_vs_median_pct": -17.753042317341155,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "VEN",
      "importer_iso3": "USA",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 455.47912745067043,
      "quantity_metric_tons": 7593918.069,
      "trade_value_usd": 3458871176,
      "market_median_price_usd_per_ton": 548.9422803558125,
      "price_vs_median_pct": -17.026043766306593,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "IND",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 242.22273278396898,
      "quantity_metric_tons": 9511963,
      "trade_value_usd": 2304013672,
      "market_median_price_usd_per_ton": 331.68777474723163,
      "price_vs_median_pct": -26.972667904761042,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "VEN",
      "importer_iso3": "ESP",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 415.61626916222804,
      "quantity_metric_tons": 1410718,
      "trade_value_usd": 586317352,
      "market_median_price_usd_per_ton": 598.6675941531007,
      "price_vs_median_pct": -30.576454576570903,
      "price_position": "Budget"
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "CUB",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 246.40091004418102,
      "quantity_metric_tons": 1653062.6,
      "trade_value_usd": 407316129,
      "market_median_price_usd_per_ton": 328.0802895784532,
      "price_vs_median_pct": -24.89615564507734,
      "price_position": "Mid"
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "SWE",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 346.2204331090412,
      "quantity_metric_tons": 1020990,
      "trade_value_usd": 353487600,
      "market_median_price_usd_per_ton": 481.8181818181818,
      "price_vs_median_pct": -28.142928977368804,
      "price_position": "Budget"
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "DEU",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 332.5656396221536,
      "quantity_metric_tons": 746747.9,
      "trade_value_usd": 248342693,
      "market_median_price_usd_per_ton": 489.4880498813596,
      "price_vs_median_pct": -32.05847625845826,
      "price_position": "Budget"
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "MYS",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 191.36290863476947,
      "quantity_metric_tons": 1171890,
      "trade_value_usd": 224256279,
      "market_median_price_usd_per_ton": 336.4358415890013,
      "price_vs_median_pct": -43.120534443965894,
      "price_position": "Budget"
    },
    {
      "year": 2017,
      "exporter_iso3": "VEN",
      "importer_iso3": "JPN",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 423.26482407103975,
      "quantity_metric_tons": 314303,
      "trade_value_usd": 133033404.00000001,
      "market_median_price_usd_per_ton": 401.4460611821029,
      "price_vs_median_pct": 5.435042213314805,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "VEN",
      "importer_iso3": "ITA",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 666.0718313575638,
      "quantity_metric_tons": 102323,
      "trade_value_usd": 68154468,
      "market_median_price_usd_per_ton": 754.043546136745,
      "price_vs_median_pct": -11.666662387058956,
      "price_position": "Mid"
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "BEL",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 341.21642406006487,
      "quantity_metric_tons": 163194.24,
      "trade_value_usd": 55684555,
      "market_median_price_usd_per_ton": 597.2240300954843,
      "price_vs_median_pct": -42.86626008576528,
      "price_position": "Budget"
    },
    {
      "year": 2019,
      "exporter_iso3": "VEN",
      "importer_iso3": "GBR",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 344.9679411066255,
      "quantity_metric_tons": 69481.5,
      "trade_value_usd": 23968890,
      "market_median_price_usd_per_ton": 490.9162215399408,
      "price_vs_median_pct": -29.729773437816817,
      "price_position": "Budget"
    },
    {
      "year": 2020,
      "exporter_iso3": "VEN",
      "importer_iso3": "GRC",
      "hs_code": "270900",
      "unit_value_usd_per_ton": 329.22447437995714,
      "quantity_metric_tons": 50040.9,
      "trade_value_usd": 16474688.999999998,
      "market_median_price_usd_per_ton": 335.20668917926884,
      "price_vs_median_pct": -1.784634672404284,
      "price_position": "Mid"
    }
  ],
  "marketAggregates": [
    {
      "importer_iso3": "CHN",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 394.775365564917,
      "market_median_price_usd_per_ton": 479.9878034250408,
      "price_vs_median_pct": -17.753042317341155,
      "price_position": "Mid",
      "prior_year": 2017,
      "yoy_change_pct": 30.847868672500645,
      "first_year": 2017,
      "period_change_pct": 30.847868672500645,
      "period_trade_value_usd": 11060048186,
      "observed_years": 2
    },
    {
      "importer_iso3": "USA",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 455.47912745067043,
      "market_median_price_usd_per_ton": 548.9422803558125,
      "price_vs_median_pct": -17.026043766306593,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 3.4592147454905353,
      "first_year": 2017,
      "period_change_pct": 13.47717676846889,
      "period_trade_value_usd": 15608768465,
      "observed_years": 4
    },
    {
      "importer_iso3": "IND",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 242.22273278396898,
      "market_median_price_usd_per_ton": 331.68777474723163,
      "price_vs_median_pct": -26.972667904761042,
      "price_position": "Below",
      "prior_year": 2019,
      "yoy_change_pct": -32.0143137969694,
      "first_year": 2017,
      "period_change_pct": -20.12876435298967,
      "period_trade_value_usd": 13857905391,
      "observed_years": 3
    },
    {
      "importer_iso3": "ESP",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 415.61626916222804,
      "market_median_price_usd_per_ton": 598.6675941531007,
      "price_vs_median_pct": -30.576454576570903,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -26.811610053014967,
      "first_year": 2017,
      "period_change_pct": 36.66389027361252,
      "period_trade_value_usd": 2504246550,
      "observed_years": 5
    },
    {
      "importer_iso3": "CUB",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 246.40091004418102,
      "market_median_price_usd_per_ton": 328.0802895784532,
      "price_vs_median_pct": -24.89615564507734,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": -40.017212668975134,
      "first_year": 2019,
      "period_change_pct": -40.017212668975134,
      "period_trade_value_usd": 1285985555,
      "observed_years": 2
    },
    {
      "importer_iso3": "SWE",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 346.2204331090412,
      "market_median_price_usd_per_ton": 481.8181818181818,
      "price_vs_median_pct": -28.142928977368804,
      "price_position": "Below",
      "prior_year": 2017,
      "yoy_change_pct": 15.72150959246148,
      "first_year": 2017,
      "period_change_pct": 15.72150959246148,
      "period_trade_value_usd": 697697786,
      "observed_years": 2
    },
    {
      "importer_iso3": "DEU",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 332.5656396221536,
      "market_median_price_usd_per_ton": 489.4880498813596,
      "price_vs_median_pct": -32.05847625845826,
      "price_position": "Below",
      "prior_year": 2017,
      "yoy_change_pct": 15.273614555367265,
      "first_year": 2017,
      "period_change_pct": 15.273614555367265,
      "period_trade_value_usd": 437607489,
      "observed_years": 2
    },
    {
      "importer_iso3": "MYS",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 191.36290863476947,
      "market_median_price_usd_per_ton": 336.4358415890013,
      "price_vs_median_pct": -43.120534443965894,
      "price_position": "Below",
      "prior_year": 2019,
      "yoy_change_pct": -36.45586389691681,
      "first_year": 2017,
      "period_change_pct": -16.190792939142916,
      "period_trade_value_usd": 1194853012,
      "observed_years": 3
    },
    {
      "importer_iso3": "JPN",
      "latest_year": 2017,
      "latest_unit_value_usd_per_ton": 423.26482407103975,
      "market_median_price_usd_per_ton": 401.4460611821029,
      "price_vs_median_pct": 5.435042213314805,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2017,
      "period_change_pct": 0,
      "period_trade_value_usd": 133033404.00000001,
      "observed_years": 1
    },
    {
      "importer_iso3": "ITA",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 666.0718313575638,
      "market_median_price_usd_per_ton": 754.043546136745,
      "price_vs_median_pct": -11.666662387058956,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 168.27720164840753,
      "first_year": 2017,
      "period_change_pct": 140.9843707255513,
      "period_trade_value_usd": 440713995,
      "observed_years": 4
    },
    {
      "importer_iso3": "BEL",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 341.21642406006487,
      "market_median_price_usd_per_ton": 597.2240300954843,
      "price_vs_median_pct": -42.86626008576528,
      "price_position": "Below",
      "prior_year": 2017,
      "yoy_change_pct": 3.617051487408385,
      "first_year": 2017,
      "period_change_pct": 3.617051487408385,
      "period_trade_value_usd": 62550636,
      "observed_years": 2
    },
    {
      "importer_iso3": "GBR",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 344.9679411066255,
      "market_median_price_usd_per_ton": 490.9162215399408,
      "price_vs_median_pct": -29.729773437816817,
      "price_position": "Below",
      "prior_year": 2017,
      "yoy_change_pct": 13.911102529059495,
      "first_year": 2017,
      "period_change_pct": 13.911102529059495,
      "period_trade_value_usd": 77340677,
      "observed_years": 2
    },
    {
      "importer_iso3": "GRC",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 329.22447437995714,
      "market_median_price_usd_per_ton": 335.20668917926884,
      "price_vs_median_pct": -1.784634672404284,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2020,
      "period_change_pct": 0,
      "period_trade_value_usd": 16474688.999999998,
      "observed_years": 1
    }
  ],
  "trendRows": [
    {
      "importer_iso3": "CHN",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 301.7056139852006
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 394.775365564917
        }
      ]
    },
    {
      "importer_iso3": "USA",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 401.38390857220486
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 481.8722310058942
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 440.2499367225512
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 455.47912745067043
        }
      ]
    },
    {
      "importer_iso3": "IND",
      "position": "Budget",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 303.26653997750645
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 356.28489806016165
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 242.22273278396898
        }
      ]
    },
    {
      "importer_iso3": "ESP",
      "position": "Budget",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 304.11564337158086
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 342.13145505345403
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 191.14243261969582
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 567.8718570845527
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 415.61626916222804
        }
      ]
    },
    {
      "importer_iso3": "CUB",
      "position": "Mid",
      "values": [
        {
          "year": 2019,
          "unit_value_usd_per_ton": 410.7860288058591
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 246.40091004418102
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 337.33761911497976,
      "trade_value_usd": 24637391312,
      "markets": 11
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 374.98610362308534,
      "trade_value_usd": 14705669105,
      "markets": 11
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 234.6478549314246,
      "trade_value_usd": 3415745267,
      "markets": 7
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 578.0036208941017,
      "trade_value_usd": 573231623,
      "markets": 2
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 449.23398313966885,
      "trade_value_usd": 4045188528,
      "markets": 2
    }
  ],
  "faq": [
    {
      "question": "What does Venezuela price positioning show for HS 270900?",
      "answer": "It compares Venezuela's reported unit values across markets with each market's median for the same product and year."
    },
    {
      "question": "What does above or below median mean?",
      "answer": "Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality."
    },
    {
      "question": "How is the export price calculated?",
      "answer": "The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available."
    },
    {
      "question": "Can I compare this with the wider Oils: petroleum oils and oils obtained from bituminous minerals, crude market?",
      "answer": "Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history."
    }
  ],
  "methodology": {
    "unitValueFormula": "reported trade value in USD / reported quantity in metric tons",
    "median": "the median of the reported market unit values for the same exporter, product, and year",
    "spread": "(highest market price - lowest market price) / median market price x 100",
    "marketComparison": "price_vs_median_pct = (market unit value - market median) / market median x 100",
    "pricePosition": "Above, Mid, or Below is assigned from the market comparison to the reported median",
    "coverage": {
      "first_year": 2017,
      "latest_year": 2023,
      "markets": 13,
      "corridor_rows": 33
    }
  },
  "links": {
    "product": "https://www.yugalinks.com/trade/product/270900",
    "exporter": "https://www.yugalinks.com/trade/exporter/ven/270900",
    "platform": "https://www.yugalinks.com/app?hs=270900",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "generatedAt": "2026-08-25T13:10:24.117Z"
}