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Trade policy

机译:贸易政策

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摘要

Venezuela has traditionally run trade surpluses, because of sustained high prices for its exports of crude and refined petroleum, which have accounted for the vast majority of the country's exports for many years. The collapse in global crude oil prices in 2014-16 caused Venezuela's export revenues to plummet during the period while forcing a contraction in imports. Although oil prices began to recover in 2016, Venezuela's production and export activity have remained surpressed, initially stemming from mismanagement and underinvestment in the country's oil sector but now also due to the tightening of US sanctions and the onset of the coronavirus (Covid-19) pandemic.
机译:委内瑞拉一直运行贸易顺差,因为其出口价格持续高企原油和精炼石油的占绝大多数的国家出口很多年了。原油价格在2014 - 16委内瑞拉的引起的出口收入暴跌期间而迫使进口收缩。石油价格在2016年开始复苏,委内瑞拉保持生产和出口活动surpressed,最初源于管理不善和国家的石油行业的投资不足但现在也由于紧缩的我们制裁和冠状病毒的爆发(Covid-19)大流行。

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