Venezuela Oil Exports Between 1999-2019

(Energy Analytics Institute, 10.Nov.2020) — Venezuela, home to the largest crude oil reserves and sizeable natural gas reserves, reported total oil exports of $984.9bn between 1999 and the first quarter of 2019, according to data from Venezuelan lawmaker Elias Matta.

Table: Venezuela’s Oil Exports
Year$bn
1999$16.7
2000$27.9
2001$21.7
2002$21.5
2003$22.0
2004$32.9
2005$48.3
2006$58.0
2007$62.9
2008$89.0
2009$54.2
2010$62.3
2011$88.1
2012$93.6
2013$85.6
2014$71.7
2015$35.1
2016$25.9
2017$31.5
2018$29.8
1Q:19$6.1
Total$984.8bn
Source: Elias Matta

The details were revealed during a webcast on Venezuela’s organic hydrocarbon law.

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By Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.