The president of Venezuela, Nicolás Maduro, ordered the creation by decree of the Non-Oil Exports General Staff.
As a precedent to this decree, on July 17, the National Assembly had already voted unanimously for the Law for the Promotion of Non-Oil Exports, which aims to facilitate the commercial…
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exports
Exports from Venezuela to Colombia increased 107 % in January
Exports from Venezuela to Colombia increased in January of this year by 107 %, according to the Venezuelan-Colombian Chamber of Economic Integration (Cavecol).
According to the organization, “binational trade reached 64.1 million dollars”…
The U.S. had a surge in its oil reserves
Commercial oil reserves in the United States experienced an unusual increase of 1.3 million barrels over the past week, altering market projections. As reported by the U.S. Energy Information Agency (EIA) last Wednesday, this change defies…
Exports in Latin America fell in the first half
Within the framework of the first half of 2023, exports of goods from Latin America and the Caribbean experienced a 2.7 % decrease compared to the same period of the previous year, according to the report 'Monitor of Trade and Integration'…
Commercial exchange between Venezuela and the US grew
Trade between Venezuela and the United States experienced a notable increase of 113 % during the first half of this year compared to the same period in 2022. This rise is largely due to the resumption of Chevron operations in the South…
Ecuador’s crude exports exceeded 25 million barrels in the first quarter
The state oil company of the South American country, Petroecuador, issued a statement through which it specified that its crude oil exports between January and March 2023 exceeded 25 million barrels.
Petroecuador made the information…
China’s trade fell at the start of 2023
China's trade registered a contraction of 8.3 % in the months of January and February as a result of the slowdown in activity worldwide and weaker domestic demand, according to data from the General Administration of Customs of the Asian…
Venezuela hopes to double exports to Vietnam this year
During 2022 and the beginning of 2023, exports from Venezuela to Vietnam reached 54 million dollars. This was recently announced by the president of the Venezuelan-Vietnamese Chamber, Oswaldo Hernández, who assured that they hope to double…
Ecuador and China finalize trade agreement
Ecuador and China successfully concluded the dialogue to achieve a trade agreement between the two countries, after four rounds of negotiations and dozens of technical meetings in the last ten months.
The president of Ecuador, Guillermo…
Venezuela willing to export gas and oil to the EU
Venezuela would be able to export gas and oil to countries that require it, mainly to Europe, to face the arrival of winter and the crisis generated by the suspension of supplies of these items from Russia.
As will be recalled, the EU…
Trade between Colombia and Venezuela will grow 200 %
The Venezuelan-Colombian Chamber of Economic Integration (Cavecol), estimates that by the end of 2022, the commercial exchange between Colombia and Venezuela could grow by 200 % if the governments manage to re-establish formal trade on the…
Venezuelan oil exports drop in April
Venezuela registered an average oil production of 420,000 barrels per day in April, some 410,000 barrels per day less than the goal established by PDVSA, which projected some 830,000 barrels per day of production for last month.
According…