In 2023, exports of crude oil from Venezuela averaged around 550 thousand barrels per day. The country's oil exports have been annually decreasing since 2015 as a result of a combination of poor governance and U.S. sanctions following political turmoil. This is also reflected in Venezuela's crude oil production, which dropped by some 75 percent in the same time span.
Crude oil exports from Venezuela from 2000 to 2023
(in 1,000 barrels per day)
Characteristic
Exports in thousand barrels per day
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OPEC. (July 1, 2024). Crude oil exports from Venezuela from 2000 to 2023 (in 1,000 barrels per day) [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC. "Crude oil exports from Venezuela from 2000 to 2023 (in 1,000 barrels per day)." Chart. July 1, 2024. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC. (2024). Crude oil exports from Venezuela from 2000 to 2023 (in 1,000 barrels per day). Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC. "Crude Oil Exports from Venezuela from 2000 to 2023 (in 1,000 Barrels per Day)." Statista, Statista Inc., 1 Jul 2024, https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/
OPEC, Crude oil exports from Venezuela from 2000 to 2023 (in 1,000 barrels per day) Statista, https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/ (last visited July 27, 2024)
Crude oil exports from Venezuela from 2000 to 2023 (in 1,000 barrels per day) [Graph], OPEC, July 1, 2024. [Online]. Available: https://www.statista.com/statistics/1240462/crude-oil-exports-venezuela/