Venezuela
net exporterHeavy crude under US sanctions; exports depend on licences (Chevron) and the shadow fleet to China.
Answer
Venezuela exports about 96 thousand barrels of crude a day. The largest buyers are USA (78%), India (15%) and Spain (7%).
Data: 2025 annual averages
Key figures
- Crude oil exports, barrels per day
- 96 thousand
- Largest buyer
- USA · 78%
- Main chokepoint on its routes
- Cape of Good Hope · 15%
Where does Venezuela's oil go?
| Buyer | share | thousand b/d |
|---|---|---|
| USA | 78% | 159 |
| India | 15% | 31 |
| Spain | 7% | 14 |
UN Comtrade, JODI-Oil · 2025
Which chokepoints does Venezuela's oil pass through?
The main maritime chokepoints on the way are Cape of Good Hope (15% of exports).
- Cape of Good Hope15% of exports · 31
15% of exports passes through Cape of Good Hope, but these are calm waters – the routes avoid dangerous straits.
UN Comtrade · 2025
How much crude oil does Venezuela export?
Produces 1.1 million barrels a day. Uses 79% at home and sells 96 thousand (21%) abroad – one supertanker every 3 weeks.
JODI-Oil · 2025
Venezuela: how did the 2026 oil crisis affect supplies and prices?
- February 28, 2026Iran closes the Strait of HormuzVenezuela: supplies keep flowing – yet the price still rises, because oil has one world priceWikipedia: 2026 Strait of Hormuz crisis
- March 11, 2026IEA countries release 400 million barrels from emergency stocksIEA, 11 Mar 2026
- September 11, 2026Drones hit Saudi Arabia's East-West pipeline – the main route around HormuzCNBC, 14 Sept 2026
- September 28, 2026The East-West pipeline runs again, at lower capacitywnp.pl, 28 Sept 2026
Effect on supplies: model of oil routes (2025 flows), stranded = no sea route left on that day.
Main terminal: José
Sources
- UN Comtrade – crude oil imports by country of origin (HS 2709), as reported by the importing country · 2025
- JODI-Oil – national crude oil production, imports and exports · 2025
- U.S. EIA – crude oil and petroleum products passing through maritime chokepoints · 2023
Related questions
Download the data
CSV and JSON, CC BY 4.0 – credit “chokepoints.io” with a link. Volumes in thousand barrels per day, 2025 annual averages.
Countries (CSV)Trade routes (CSV)Chokepoints (CSV)Everything (JSON)DOI 10.5281/zenodo.23267750 (Zenodo)