← Country index

South America

Venezuela

EU Compliance · Geopolitical Risk · Sourcing Attractiveness

EU Compliance

lower score = lower risk

7.1

Geopolitical Risk

lower score = lower risk

6.6

Sourcing Attractiveness

higher score = more attractive

2.6

Why these scores

EU Compliance, by dimension

Forced & child labour6
Worker rights & FOA7
OHS & audit transparency7
Food & product safety6
Environmental & regulatory5
Governance & anti-corruption9
Tariff & preferential access8
Non-tariff barriers8
Supply chain traceability8

1 = lowest risk · methodology & sources

Geopolitical Risk, by dimension

Geopolitical conflict6
Supplier concentration7
Climate & physical risk4
Sanctions exposure7
Policy continuity & property rights9

1 = lowest risk · methodology & sources

Attractiveness, by dimension

Labour cost competitiveness7
Supply base depth3
Logistics & infrastructure2
Workforce skills4
Scalability3
Ease of doing business1
Trade access & tariffs1
Sustainability baseline1
Innovation & IP2
Quality standards2

9 = most attractive · methodology & sources

Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.

Data layers

Venezuela and the EU

EU imports from

€1.1bn

0.0% of extra-EU

EU exports to

€609m

0.0% of extra-EU

EU supplier rank

EU's #105 supplier

EU trade balance

import-tilted

coverage 0.58

2025 annual totals, Eurostat COMEXT. EU trade board →

Electricity & grid

National sources · carbon from Ember · estimated

Electricity costs →

Industrial

EUR/MWh

Consumer

EUR/MWh, all-in

Grid carbon

180

gCO₂e/kWh

Renewables

of generation

regulated market

Power market

Conflict / governance collapse

Market model

State monopoly (CORPOELEC)

Direct PPA

None

grid access: closed

Reserve margin

Regulator

Not independent

No independent regulator

Hydro output down 40% since 2020 from drought and maintenance collapse. Thermoelectric plants at 15% capacity utilization for lack of fuel and parts. Nationwide blackouts in 2024. Sanctions and economic collapse…

Power markets: full layer →

Tracked infrastructure

6 hydro plants

16.0 GW · 1 building

1 coal mines

capacity n/a

Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →

Metal mining

Tagged mines

557

1 production-backed

Acid-drainage prone

1

high water-risk ore class

Main commodities

Gold, Aluminium, Nickel

Mine-water verifiability

Blind spot

institutional monitoring capacity collapsed

Water risk is inferred from the ore class, not site measurements. Global mines: full layer →

Monitored ports (2)

Puerto CabelloMaracaibo

Source: IMF PortWatch. Port count reflects monitoring coverage, not economic significance.

Demographics

UN World Population Prospects 2024 · medium variant

ASEAN demographics →

Median age

29.2

→ 36.5 by 2050

Fertility

2.08

below replacement

Working-age

64.8%

aged 15–64

Old-age dep.

14.9

→ 25.5 by 2050

Median age 1990–2050

Population 28.4M · peaks 2057

By 2050: +10% (31.1M)