Merchandise trade as a share of gdp reached 24.4% in 2014 in Venezuela, according to the National Statistical Office. This is 34.1% less than in the previous year.
Historically, merchandise trade as a share of GDP in Venezuela reached an all time high of 58.6% in 1974 and an all time low of 24.4% in 2014.
Venezuela has been ranked 164th within the group of 170 countries we follow in terms of merchandise trade as a share of GDP.
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