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South America and South Atlantic Islands
Venezuela |
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Last reviewed: 6 November 2009 |
Country information
TRADE AND INVESTMENT
Trade and Investment with the UK
The UK has important trade interests with Venezuela, with the UK being the fifth largest investor in Venezuela. UK exports to Venezuela were worth £250m in 2007, an increase of 5.93% on 2006. Chief UK exports are chemicals, beverages and medicinal and pharmaceutical products. In 2007 Venezuela was the UK’s third largest export market in Latin America (after Brazil and Mexico), UK imports from Venezuela totalled £488.5m worth of goods and were mainly petroleum derivatives. At the end of October 2008 UK exports stood at % 224.9m. The main UK investors are BP, Shell, Wood Group, Anglo-American Mining, GlaxoSmithKline, AstraZeneca, Diageo, The Vestey Group, Unilever and BAT.
UK Trade & Investment Country Profile: Venezuela
