US–Venezuela trade rebounded 113% to US$9.528 billion in H1 2026. Oil licences widened, and the bolivar parallel rate hit 841 per dollar.
Venezuela · Economy
Key Facts
Trade jumps — US–Venezuela trade hit US$9.528 billion in the first half of 2026, up 113% on a year earlier.
Oil permits — Washington widened its oil licences in February 2026, letting Repsol join Chevron in Venezuela.
Two rates — The street dollar trades near 841 bolivars, against an official rate of about 758.
Venezuela oil exports to the US reached a seven-year high in July 2026, at about 786,000 barrels a day, second only to Canada.
Venezuela oil exports to the US averaged about 786,000 bpd in July 2026, the highest since 2019, as officials projected recovery.
U.S. trade with Venezuela has risen 74.32% this year, faster than any of the top 50 U.S. trade partners, which account for more…
Venezuela's oil output is set to rise as the US expands export authorizations by mid-2026. Crude oil reaching a new all-time high…
Venezuela's currency, the bolívar, has lost 45% of its value against the United States dollar in the official market in 2026.
Venezuela oil exports to the US hit 786,000 bpd in July 2026, but it's not the top supplier. Key facts on sanctions, Chevron, and…
