National Institute

Do not have an estimate of trade (between the United States and Venezuela) for 2009 because it depends very much on the oil price, but will fall because the driver of that growth, in more or less by 40% the price of the barrel. Oil exports of Venezuela, represent the vast majority of commercial activity, because our country is the fourth supplier of oil to the United States. United States companies are also benefiting from Venezuelan need their cars, their construction machinery and their computers, registering an increase of $4,800 million to $6,400 million in 2008. Trade figures illustrate a growing gap between the anti-American speeches of the President of Venezuela, focused to revolutionize its political base and the needs of the Venezuelan economy. For example, exports to the United States that are not related to petroleum increased 116 percent in the first three months of the year, according to data from the National Institute of statistics. Venezuela also has close ties with banks on Wall Street, while firms Morgan Stanley and Credit Suisse advising the Governments of Venezuela and Argentina regarding its sale of $2 billion in bonds.

In fact, the strengthening of economic ties has spanned multiple sectors, even though political tensions have encouraged U.S. companies to not draw attention to your profits too nor offer detailed comments of their operations. The Government of Venezuela is often expressed against the might of multinationals from the United States, and recently has exerted greater control over the oil industry. The largest oil company in United States, Exxon Mobil, complained in public about the treatment she received. Chevron, the second largest United States oil company, said last month that the Venezuelan reorganization of its oil industry would reduce production at 90,000 barrels a day this year. Also has criticized U.S. companies of software like Microsoft, and a decree was issued ordering the Government offices in the country to move towards alternatives such as Linux open source.