IBOV 176,501.85 ▼ 0.59% IPSA 10,959.17 ▼ 0.45% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.58% USD/MXN17.51▲ 0.70% USD/CLP946.85▲ 1.20% USD/COP3,214▼ 0.43% USD/PEN3.39▼ 0.25% USD/ARS1,490▲ 0.50% USD/UYU40.14▲ 1.16% USD/PYG6,025▲ 1.20% USD/BOB11.03▲ 3.57% USD/DOP57.94▼ 0.10% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 0.48% USD/TTD6.73▲ 1.11% EUR/BRL5.78▼ 0.25% BRENT 100.21 ▲ 6.53% WTI 91.89 ▲ 5.83% IRON ORE 161.91 — — COPPER 6.35 ▼ 1.63% GOLD 4,053 ▼ 2.26% SILVER 58.07 ▼ 3.25% SOY 1,245 ▲ 0.95% CORN 487.50 ▲ 5.52% WHEAT 700.50 ▼ 0.74% COFFEE 309.70 ▼ 2.19% SUGAR 14.67 ▼ 0.47% ORANGE JUICE 145.20 ▼ 3.39% COTTON 81.53 ▲ 2.08% COCOA 5,298 ▼ 0.56% BEEF 220.75 ▼ 1.10% CATTLE 339.30 ▼ 0.55% LITHIUM 69.28 ▲ 0.41% PETR4 43.18 ▲ 1.41% VALE3 76.22 ▲ 1.49% ITUB4 42.38 ▼ 1.21% BBDC4 18.75 ▼ 1.16% ABEV3 15.92 ▼ 1.30% BBAS3 20.91 ▼ 0.85% B3SA3 15.59 ▼ 1.95% WEGE3 45.16 ▼ 3.38% PRIO3 61.11 ▲ 2.24% SUZB3 42.08 ▼ 1.36% RENT3 36.91 ▼ 0.62% AZZA3 17.53 ▼ 1.57% CSAN3 3.91 ▼ 0.26% RAIZ4 0.28 ▲ 3.70% PCAR3 2.80 ▲ 1.82% GMAT3 3.89 ▼ 0.51% PSSA3 55.22 ▼ 0.41% CVCB3 1.29 ▲ 1.57% POSI3 3.68 ▼ 0.54% SLCE3 13.97 ▲ 0.07% NATU3 8.63 ▼ 0.58% BRKM5 6.18 ▲ 1.81% RANI3 7.95 ▼ 0.63% CSNA3 5.40 ▲ 0.37% CMIN3 5.72 ▼ 2.05% USIM5 8.59 ▼ 0.69% GGBR4 24.10 ▲ 0.17% ENEV3 25.56 ▼ 1.58% CPFE3 46.06 ▼ 1.39% CMIG4 11.15 ▼ 0.54% EQTL3 38.73 ▼ 1.58% LREN3 13.31 ▼ 1.70% VIVT3 34.65 ▼ 2.06% RAIL3 13.96 ▲ 2.35% KLABIN 17.60 ▼ 1.84% RAIA DROGASIL 18.40 ▲ 0.60% RDOR3 33.86 ▼ 1.83% HAPV3 10.93 ▼ 4.04% FLRY3 16.62 ▼ 0.18% SMTO3 16.18 ▲ 0.81% UGPA3 32.97 ▲ 0.43% VBBR3 35.14 ▲ 0.46% BBSE3 42.44 ▼ 0.33% BPAC11 56.17 ▼ 1.49% CURY3 29.60 ▼ 1.99% AERI3 2.06 ▲ 0.49% VIVARA 21.62 ▲ 0.32% COMPASS 24.95 ▲ 0.56% VAMOS 3.20 ▼ 0.93% SANB11 26.70 ▼ 0.93% ASAI3 8.14 ▼ 3.10% SBSP3 28.74 ▼ 1.88% WALMEX 46.87 ▼ 3.66% GMEXICO 209.68 ▼ 2.48% FEMSA 224.63 ▼ 1.37% CEMEX 21.76 ▼ 1.85% GFNORTE 191.04 ▼ 0.30% BIMBO 60.06 ▼ 0.40% TELEVISA 9.80 ▼ 0.20% AMX 22.90 ▲ 0.93% GAP 377.66 ▲ 0.25% ASUR 268.98 ▼ 1.66% OMA 228.78 ▲ 0.04% KOF 181.14 ▼ 0.83% GRUMA 275.76 ▼ 1.67% KIMBER 39.10 ▲ 0.72% SQM-B 66,215 ▲ 1.78% COPEC 6,432 ▼ 1.80% BSANTANDER 79.78 ▼ 0.09% FALABELLA 6,036 ▼ 0.10% ENELAM 84.55 ▲ 0.02% CENCOSUD 1,989 ▼ 1.03% CMPC 1,063 ▼ 0.66% BANCO CHILE 192.83 ▼ 0.35% LATAM AIR 23.53 ▼ 2.32% YPF 83,300 ▲ 0.97% GGAL 8,090 ▼ 2.24% PAMPA 5,680 ▲ 0.98% TXAR 669.50 ▲ 0.22% ALUAR 978.00 ▲ 0.41% TGS 10,020 ▲ 1.16% CEPU 2,424 ▲ 0.54% MIRGOR 16,725 ▼ 1.18% COME 42.75 ▼ 0.90% LOMA NEGRA 3,790 ▼ 0.52% BYMA 292.00 ▼ 1.18% TELECOM ARG 4,293 ▼ 2.88% ECOPETROL 16.72 ▲ 0.18% BANCOLOMBIA 85.66 ▲ 1.18% GRUPO AVAL 4.89 ▼ 2.98% CREDICORP 389.45 ▼ 1.07% SOUTHERN COPPER 187.12 ▼ 4.28% BUENAVENTURA 31.22 ▼ 2.71% MERCADOLIBRE 1,798 ▼ 0.09% NUBANK 14.30 ▼ 1.45% XP 17.19 ▼ 0.64% PAGSEGURO 9.45 ▼ 2.27% STONE 11.06 ▼ 2.68% GLOBANT 30.41 ▼ 0.85% TECNOGLASS 44.14 ▼ 2.39% GAP AIRPORT 215.45 ▼ 0.96% ASUR 268.98 ▼ 1.66% OMA AIRPORT 104.11 ▼ 1.18% AMX ADR 26.03 ▼ 0.34% FEMSA ADR 128.33 ▼ 1.98% CEMEX ADR 12.32 ▼ 3.18% PETROBRAS ADR 19.20 ▲ 1.61% VALE ADR 14.98 ▲ 0.84% ITAU ADR 8.34 ▼ 1.71% SANTANDER BR 5.36 ▼ 1.74% AMBEV ADR 3.11 ▼ 1.11% CSN 1.09 ▼ 0.46% GERDAU 4.74 ▼ 0.63% LATAM ADR 49.69 ▼ 3.06% BTC 64,726 ▼ 2.08% ETH 1,888 ▼ 2.36% SOL 76.04 ▼ 2.40% XRP 1.11 ▼ 2.84% BNB 566.29 ▼ 0.78% ADA 0.17 ▼ 2.70% DOGE 0.07 ▼ 4.40% AVAX 6.44 ▼ 2.68% LINK 8.48 ▼ 1.70% DOT 0.81 ▼ 2.78% LTC 46.57 ▼ 1.06% BCH 212.54 ▼ 3.38% TRX 0.33 ▼ 0.80% XLM 0.18 ▼ 2.49% HBAR 0.07 ▼ 1.21% NEAR 1.88 ▲ 0.64% ATOM 1.44 ▼ 2.15% AAVE 95.77 ▼ 1.63% SELIC 14.25% EMBRAER 83.47 ▼ 0.38% EMBRAER ADR 65.76 ▼ 0.45% JBS 12.05 ▼ 1.63% JBS BDR 61.13 ▼ 1.08% MBRF3 16.00 ▼ 0.19% MBRFY 3.11 ▼ 2.51% INTER 5.53 ▼ 2.90% EGX 53,932 ▼ 0.11% USD/ZAR16.79▲ 2.39% USD/NGN1,366▼ 0.48% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.77▲ 0.38% USD/CNY6.77▼ 0.10% DAX 24,763 ▼ 1.56% CAC 8,299 ▼ 1.64% FTSE 10,639 ▼ 0.73% MIB 51,316 ▼ 2.80% IBEX 19,267 ▼ 1.55% STOXX 639.27 ▼ 1.18% EUR/USD1.14▼ 0.28% GBP/USD1.33▼ 0.46% SPX 7,419 ▼ 1.07% DJI 51,785 ▼ 0.83% NDX 28,550 ▼ 1.55% RUT 2,936 ▼ 0.82% TSX 35,199 ▼ 0.81% VIX 19.24 ▲ 15.63% USD/CAD1.41▼ 0.03% US10Y 4.6990 ▲ 0.90% IBOV 176,501.85 ▼ 0.59% IPSA 10,959.17 ▼ 0.45% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,356,435 ▼ 0.69% COLCAP 2,313.99 ▲ 0.74% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.58% USD/MXN 17.51 ▲ 0.70% USD/CLP 946.85 ▲ 1.20% USD/COP 3,214 ▼ 0.43% USD/PEN 3.39 ▼ 0.25% USD/ARS 1,490 ▲ 0.50% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,025 ▲ 1.20% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.94 ▼ 0.10% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 0.48% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.78 ▼ 0.25% BRENT 100.21 ▲ 6.53% WTI 91.89 ▲ 5.83% IRON ORE 161.91 — — COPPER 6.35 ▼ 1.63% GOLD 4,053 ▼ 2.26% SILVER 58.07 ▼ 3.25% SOY 1,245 ▲ 0.95% CORN 487.50 ▲ 5.52% WHEAT 700.50 ▼ 0.74% COFFEE 309.70 ▼ 2.19% SUGAR 14.67 ▼ 0.47% ORANGE JUICE 145.20 ▼ 3.39% COTTON 81.53 ▲ 2.08% COCOA 5,298 ▼ 0.56% BEEF 220.75 ▼ 1.10% CATTLE 339.30 ▼ 0.55% LITHIUM 69.28 ▲ 0.41% PETR4 43.18 ▲ 1.41% VALE3 76.22 ▲ 1.49% ITUB4 42.38 ▼ 1.21% BBDC4 18.75 ▼ 1.16% ABEV3 15.92 ▼ 1.30% BBAS3 20.91 ▼ 0.85% B3SA3 15.59 ▼ 1.95% WEGE3 45.16 ▼ 3.38% PRIO3 61.11 ▲ 2.24% SUZB3 42.08 ▼ 1.36% RENT3 36.91 ▼ 0.62% AZZA3 17.53 ▼ 1.57% CSAN3 3.91 ▼ 0.26% RAIZ4 0.28 ▲ 3.70% PCAR3 2.80 ▲ 1.82% GMAT3 3.89 ▼ 0.51% PSSA3 55.22 ▼ 0.41% CVCB3 1.29 ▲ 1.57% POSI3 3.68 ▼ 0.54% SLCE3 13.97 ▲ 0.07% NATU3 8.63 ▼ 0.58% BRKM5 6.18 ▲ 1.81% RANI3 7.95 ▼ 0.63% CSNA3 5.40 ▲ 0.37% CMIN3 5.72 ▼ 2.05% USIM5 8.59 ▼ 0.69% GGBR4 24.10 ▲ 0.17% ENEV3 25.56 ▼ 1.58% CPFE3 46.06 ▼ 1.39% CMIG4 11.15 ▼ 0.54% EQTL3 38.73 ▼ 1.58% LREN3 13.31 ▼ 1.70% VIVT3 34.65 ▼ 2.06% RAIL3 13.96 ▲ 2.35% KLABIN 17.60 ▼ 1.84% RAIA DROGASIL 18.40 ▲ 0.60% RDOR3 33.86 ▼ 1.83% HAPV3 10.93 ▼ 4.04% FLRY3 16.62 ▼ 0.18% SMTO3 16.18 ▲ 0.81% UGPA3 32.97 ▲ 0.43% VBBR3 35.14 ▲ 0.46% BBSE3 42.44 ▼ 0.33% BPAC11 56.17 ▼ 1.49% CURY3 29.60 ▼ 1.99% AERI3 2.06 ▲ 0.49% VIVARA 21.62 ▲ 0.32% COMPASS 24.95 ▲ 0.56% VAMOS 3.20 ▼ 0.93% SANB11 26.70 ▼ 0.93% ASAI3 8.14 ▼ 3.10% SBSP3 28.74 ▼ 1.88% WALMEX 46.87 ▼ 3.66% GMEXICO 209.68 ▼ 2.48% FEMSA 224.63 ▼ 1.37% CEMEX 21.76 ▼ 1.85% GFNORTE 191.04 ▼ 0.30% BIMBO 60.06 ▼ 0.40% TELEVISA 9.80 ▼ 0.20% AMX 22.90 ▲ 0.93% GAP 377.66 ▲ 0.25% ASUR 268.98 ▼ 1.66% OMA 228.78 ▲ 0.04% KOF 181.14 ▼ 0.83% GRUMA 275.76 ▼ 1.67% KIMBER 39.10 ▲ 0.72% SQM-B 66,215 ▲ 1.78% COPEC 6,432 ▼ 1.80% BSANTANDER 79.78 ▼ 0.09% FALABELLA 6,036 ▼ 0.10% ENELAM 84.55 ▲ 0.02% CENCOSUD 1,989 ▼ 1.03% CMPC 1,063 ▼ 0.66% BANCO CHILE 192.83 ▼ 0.35% LATAM AIR 23.53 ▼ 2.32% YPF 83,300 ▲ 0.97% GGAL 8,090 ▼ 2.24% PAMPA 5,680 ▲ 0.98% TXAR 669.50 ▲ 0.22% ALUAR 978.00 ▲ 0.41% TGS 10,020 ▲ 1.16% CEPU 2,424 ▲ 0.54% MIRGOR 16,725 ▼ 1.18% COME 42.75 ▼ 0.90% LOMA NEGRA 3,790 ▼ 0.52% BYMA 292.00 ▼ 1.18% TELECOM ARG 4,293 ▼ 2.88% ECOPETROL 16.72 ▲ 0.18% BANCOLOMBIA 85.66 ▲ 1.18% GRUPO AVAL 4.89 ▼ 2.98% CREDICORP 389.45 ▼ 1.07% SOUTHERN COPPER 187.12 ▼ 4.28% BUENAVENTURA 31.22 ▼ 2.71% MERCADOLIBRE 1,798 ▼ 0.09% NUBANK 14.30 ▼ 1.45% XP 17.19 ▼ 0.64% PAGSEGURO 9.45 ▼ 2.27% STONE 11.06 ▼ 2.68% GLOBANT 30.41 ▼ 0.85% TECNOGLASS 44.14 ▼ 2.39% GAP AIRPORT 215.45 ▼ 0.96% ASUR 268.98 ▼ 1.66% OMA AIRPORT 104.11 ▼ 1.18% AMX ADR 26.03 ▼ 0.34% FEMSA ADR 128.33 ▼ 1.98% CEMEX ADR 12.32 ▼ 3.18% PETROBRAS ADR 19.20 ▲ 1.61% VALE ADR 14.98 ▲ 0.84% ITAU ADR 8.34 ▼ 1.71% SANTANDER BR 5.36 ▼ 1.74% AMBEV ADR 3.11 ▼ 1.11% CSN 1.09 ▼ 0.46% GERDAU 4.74 ▼ 0.63% LATAM ADR 49.69 ▼ 3.06% BTC 64,726 ▼ 2.08% ETH 1,888 ▼ 2.36% SOL 76.04 ▼ 2.40% XRP 1.11 ▼ 2.84% BNB 566.29 ▼ 0.78% ADA 0.17 ▼ 2.70% DOGE 0.07 ▼ 4.40% AVAX 6.44 ▼ 2.68% LINK 8.48 ▼ 1.70% DOT 0.81 ▼ 2.78% LTC 46.57 ▼ 1.06% BCH 212.54 ▼ 3.38% TRX 0.33 ▼ 0.80% XLM 0.18 ▼ 2.49% HBAR 0.07 ▼ 1.21% NEAR 1.88 ▲ 0.64% ATOM 1.44 ▼ 2.15% AAVE 95.77 ▼ 1.63% SELIC 14.25% EMBRAER 83.47 ▼ 0.38% EMBRAER ADR 65.76 ▼ 0.45% JBS 12.05 ▼ 1.63% JBS BDR 61.13 ▼ 1.08% MBRF3 16.00 ▼ 0.19% MBRFY 3.11 ▼ 2.51% INTER 5.53 ▼ 2.90% EGX 53,932 ▼ 0.11% USD/ZAR 16.76 ▲ 2.15% USD/NGN 1,366 ▼ 0.27% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.74 ▲ 0.40% USD/CNY 6.7659 ▲ 0.03% DAX 24,763 ▼ 1.56% CAC 8,299 ▼ 1.64% FTSE 10,639 ▼ 0.73% MIB 51,316 ▼ 2.80% IBEX 19,267 ▼ 1.55% STOXX 639.27 ▼ 1.18% EUR/USD 1.1380 ▼ 0.25% GBP/USD 1.3320 ▼ 0.42% SPX 7,419 ▼ 1.07% DJI 51,785 ▼ 0.83% NDX 28,550 ▼ 1.55% RUT 2,936 ▼ 0.82% TSX 35,199 ▼ 0.81% VIX 19.24 ▲ 15.63% USD/CAD 1.4085 ▲ 0.02% US10Y 4.6990 ▲ 0.90%
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Thursday, July 23, 2026

Latin America Venezuela

Europe Becomes Venezuela’s New Outlet: Non-Oil Exports Rise As Recovery Is Tested

By · October 7, 2025 · 2 min read

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São Paulo — Venezuelan exporters are finding buyers in Europe for more than just oil. Their trade group, AVEX, says non-oil goods now reach 24 of the European Union’s 27 countries and that Europe overtook the United States as the top destination early this year.

That headline speaks to momentum, but the underlying story is more cautious: official European numbers still show a modest overall trade relationship, with non-fuel shipments growing from a small base and far from transforming Venezuela’s economy.

What is moving? A familiar mix: methanol, seafood (notably blue crab and fish), rum, cement, cocoa and coffee. The most telling shift, though, is in raw materials for Europe’s ceramics and refractories industries.

The war in Ukraine disrupted a key source of specialty clays that European factories depend on. Venezuelan producers are trying to step in.

Authorities in Lara state have outlined plans for large annual shipments of “white clay” to Spain beginning late 2025—an immediate test of whether Venezuela can meet EU standards at scale and on schedule.

Europe Becomes Venezuela’s New Outlet: Non-Oil Exports Rise As Recovery Is Tested. (Photo Internet reproduction)
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Why the pivot to Europe now? Logistics and politics. Exporters say they get quicker payments and steadier demand from EU clients, while U.S. policy has tightened in ways that complicate sales.

The EU has kept targeted sanctions on Venezuelan officials but stopped short of a broad embargo on goods, leaving the door open for compliant, traceable shipments.

There are limits. Transport remains expensive, customs paperwork is unforgiving, and many products need investments in quality control, packaging and certification to meet European rules.

And while President Nicolás Maduro talks up a recovery, reliable nationwide data are thin and oil still dominates export earnings. AVEX’s claim that Europe leapt ahead of the U.S. is plausible given these incentives, but it awaits confirmation in detailed customs releases.

Why this matters beyond Venezuela: If these non-oil sales harden into habits, Europe gains a supplementary source of niche inputs and foodstuffs; Venezuelan firms gain diversification and a spur to modernize.

Watch the next rounds of EU import data, buyer tenders in ceramics and agro-food, and shipping schedules from late 2025. That is where the rhetoric will either meet reality—or fall short.

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