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TRADE GUIDE · SOUTH AMERICA

🇻🇪 India–Venezuela trade guide

Everything you need to ship from India to Venezuela or import from Venezuela to India: the trade agreement, routes and transit times, how your buyer imports, duties, regulators and documents.

Capital
Caracas
Language
Spanish
Currency
Bolívar (VES); USD widely used
Time vs India
IST −9:30
Agreement with India
No agreement (MFN duties)
THE BASICS

India and Venezuela at a glance

No agreement (MFN duties)
Trade agreement

No trade agreement with India. Venezuela is suspended from Mercosur.

Trade with India

India exports pharmaceuticals, food items, textiles and machinery. India has historically been a major buyer of Venezuelan crude, depending on sanctions licences.

GETTING THERE

Routes and transit times to Venezuela

🚢 By sea

35–50 days. Transhipment via Caribbean hubs (Cartagena, Kingston, Caucedo, Colón/Manzanillo) after crossing via the Mediterranean or the Cape.

MAIN SEAPORTS
  • La Guaira VELAG
  • Puerto Cabello VEPBL
✈️ By air

5–8 days.

MAIN CARGO AIRPORTS
  • Caracas Maiquetía CCS

Transit times are indicative port-to-port from Nhava Sheva / Mundra (sea) and Delhi / Mumbai (air). Routing changes (for example Red Sea diversions) can add 10–14 days.

EXPORTING FROM INDIA TO VENEZUELA

Importing into Venezuela: what your buyer needs

How your buyer imports
  • The importer needs a RIF tax ID with SENIAT. A customs agent is required.
  • IMPORTANT: check US and other sanctions before any transaction. Payments, insurance and some counterparties may be restricted, and Indian banks are cautious.
Duties and taxes

Tariff mostly 0–35% depending on the product, plus 16% VAT (IVA).

Regulators to know
  • Ministry of Health (MPPS) / INHRR: medicines, food registration
  • INSAI: plant and animal health
Documents checklist
  • Commercial invoice
  • Packing list
  • Bill of lading / AWB
  • ISPM-15 wood packaging

Check your invoice, packing list and B/L match →

THE OTHER DIRECTION

From Venezuela to India, and tips from the field

Importing from Venezuela into India

Crude oil when permitted under sanctions licences.

  • File the Bill of Entry through a licensed customs broker in India (YAM holds licence R-7/92).
  • Check the HS code in the Indian tariff, the DGFT import policy (free, restricted or prohibited) and any BIS, FSSAI, plant quarantine or other permit before the goods ship.
  • If an agreement applies, get the correct certificate of origin from the exporter to claim the lower duty.

Estimate Indian import duty →   Find the HSN code →

Practical tips
  • Run sanctions screening on every party, vessel and bank before you commit.
  • Our partner agents in Latin America can handle destination clearance and delivery. Ask us for a door-to-door quote.

Written by YAM Logistics from our own experience and public sources, checked November 2026. Duties, taxes, permits and trade agreements change often: treat rates and transit times as indicative and confirm them for your HS code and shipment before you quote or ship. This is general guidance, not legal or tax advice.

Other South America guides
🇧🇷 Brazil🇦🇷 Argentina🇨🇱 Chile🇵🇪 Peru🇨🇴 Colombia🇪🇨 Ecuador🇺🇾 Uruguay🇵🇾 Paraguay🇧🇴 BoliviaAll Latin America →

Questions people ask

Does India have a trade agreement with Venezuela?+

No trade agreement with India. Venezuela is suspended from Mercosur.

How long does shipping from India to Venezuela take?+

By sea: 35–50 days. Transhipment via Caribbean hubs (Cartagena, Kingston, Caucedo, Colón/Manzanillo) after crossing via the Mediterranean or the Cape. By air: 5–8 days.

What does an importer in Venezuela need?+

The importer needs a RIF tax ID with SENIAT. A customs agent is required. IMPORTANT: check US and other sanctions before any transaction. Payments, insurance and some counterparties may be restricted, and Indian banks are cautious.

What duties and taxes apply in Venezuela?+

Tariff mostly 0–35% depending on the product, plus 16% VAT (IVA).

Can YAM Logistics handle shipments to Venezuela?+

Yes. YAM handles export clearance and freight from India, and works with partner agents in Latin America for destination clearance and delivery to Venezuela. Message us on WhatsApp for a quote.

Shipping to or from Venezuela? Talk to the India–Latin America desk.

WhatsApp us → Get a Quote