Trade between Venezuela and the US grew 22.78% in the first quarter of 2026 The trade exchange between Venezuela and the United States experienced a significant year-on-year growth of 22.78% in the first quarter of 2026, reaching $3.293 billion. This increase was primarily fueled by the energy sector and a partial relaxation of sanctions. Despite the overall growth, Venezuela’s trade surplus decreased due to a rise in imports from the U.S., with oil and its derivatives continuing to dominate Venezuelan exports.

• Venezuela-US trade grew by 22.78% in Q1 2026, reaching $3.293 billion.
• The energy sector was the main driver of this growth, benefiting from eased sanctions and reactivated trade channels.
• Venezuela’s trade surplus reduced to $457 million from $568 million in Q1 2025 due to increased imports.
• Venezuelan exports to the US increased by 15.40% to $1.875 billion, with oil and derivatives accounting for 96.53%.
• Non-oil exports decreased by 8.42%, highlighting challenges in competitiveness and diversification.
• Key non-oil exports included coffee, tea, mate, spices, organic chemicals, cocoa, and precious stones/metals.
• Major US imports to Venezuela were cereals, machinery, electrical equipment, food residues, and fats/oils. https://eldiario.com/2026/05/12/intercambio-comercial-venezuela-eeuu/