Venezuela
Venezuela shipped 694 kt of CBAM goods to the EU in 2025 (0.6 % of all CBAM imports, up 119 % on 2024). Most of the exposure comes from iron and steel. At default values the 2026 CBAM bill would be about €59.5 m, ranking it 26th of 152 countries.
694 ktEU imports, 2025
€255 mcustoms value
€59.5 mCBAM exposure 2026
€86/taverage per tonne
What it exports
Steel 96 %Aluminium 4 %
| Sector | Tonnes 2025 | Value | Exposure 2026 | 2034 |
|---|---|---|---|---|
| Iron and steel | 669 kt | €195 m | €58.5 m | €93.8 m |
| Aluminium | 25 kt | €59.6 m | €993 k | €4.5 m |
Products with the largest exposure
Default value (2026, incl. mark-up) and CBAM benchmark in tCO₂e per tonne. For 96 % of the tonnage no country-specific default is published, so the higher “other countries and territories” value applies.
| CN code | Product | Tonnes | Default | Benchmark | Exposure |
|---|---|---|---|---|---|
| 7203 10 00 | Ferrous products obtained by direct reduction of iron ore, in lumps, pellets or similar … other countries | 653 kt | 1.458 | 0.397 | €57.6 m |
| 2601 12 00 | Agglomerated iron ores and concentrates (excl. roasted iron pyrites) other countries | 16 kt | 0.755 | 0.086 | €869 k |
| 7601 10 90 | Aluminium, not alloyed, unwrought (excl. slabs) | 21 kt | 1.870 | 1.423 | €836 k |
| 7601 10 10 | Aluminium slabs, not alloyed, unwrought | 2 kt | 1.870 | 1.423 | €98 k |
| 7601 20 80 | Unwrought aluminium alloys (excl. slabs and billets) | 2 kt | 1.870 | 1.423 | €60 k |
| 7326 90 98 | Articles of iron or steel, n.e.s. other countries | 2 t | 4.566 | 1.491 | €0 k |
| 7318 15 58 | Screws and bolts, of iron or steel other than stainless "whether or not with their nuts … other countries | 0 t | 5.281 | 1.364 | €0 k |
| 7304 90 00 | Tubes, pipes and hollow profiles, seamless, of non-circular cross-section, of iron or st… other countries | 0 t | 4.379 | 1.383 | €0 k |
| 7616 99 90 | Articles of aluminium, uncast, n.e.s. | 0 t | 2.739 | 1.485 | €0 k |
| 7223 00 99 | Wire of stainless steel, in coils, containing by weight < 2,5 % nickel (excl. such produ… other countries | 0 t | 5.302 | 1.225 | €0 k |
| 7307 92 10 | Sleeves of iron or steel, threaded (excl. cast or of stainless steel) other countries | 0 t | 4.480 | 1.383 | €0 k |
| 7307 99 80 | Tube or pipe fittings, of iron or steel (excl. of cast iron or stainless steel, threaded… other countries | 0 t | 4.480 | 1.383 | €0 k |
Outlook
Same 2025 volumes, same certificate price (€82.32), default values throughout.
2026€59.5 m10 % mark-up, 97.5 % free allocation
2030€85.8 m30 % mark-up, 51.5 % free allocation
2034€98.4 m30 % mark-up, no free allocation
Where it sits on the map
Read more
Nearby in the ranking: Australia, Uzbekistan, Oman, Moldova.
Sources: Eurostat Comext (DS-045409), annual 2025; Implementing Regulations (EU) 2025/2621 and 2025/2620. See methodology.