Bilateral trade between the US and Venezuela grew 22.78% year-on-year in Q1 2026 to $3.293 billion.
WHO:US and Venezuela
WHAT:US-Venezuela bilateral trade increased 22.78% year-on-year in Q1 2026 to $3.293 billion, driven mainly by Venezuelan crude oil exports.
WHEN:May 14, 2026 at 1:47 PM ET
WHERE:Venezuela
WHY:The increase was driven primarily by Venezuelan crude oil exports after reactivation of formal commercial channels following the Maduro government’s removal in January.
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