Venezuela Imports
Venezuela · Quarterly series · EC-VE-IMP
Latest, Q1 2019
2.95B USD
-12.6% from Q4 2018
Forecast
Forecast for Q1 2020: 3.21B USD, with an 80% interval of 1.74B USD to 5.40B USD.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| Q2 2019 | 3.14B USD | 2.07B USD | 4.48B USD |
| Q3 2019 | 3.36B USD | 1.50B USD | 5.90B USD |
| Q4 2019 | 3.83B USD | 1.15B USD | 7.93B USD |
| Q1 2020 | 3.21B USD | 1.74B USD | 5.40B USD |
AI confidence
Weak evidenceThe serving forecast made larger errors than the no-change baseline in these tests.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- -17%Trails the no-change baseline over 8 tests (8 tests, 2 won)
- Direction
- 41%No clear edge over a coin flip (13 of 32 calls right in 8 tests)
- Turning points
- 6 of 14Anticipated some turns (14 turns in 8 tests, 0 without a turn)
- Error vs baseline
- 17% higherError ratio 1.17; 1.00 is a tie.
- Tests won
- 2 / 8Complete rolling backtests; ties count as no win.
- Test period
- 2011-06-01 to 2019-03-014 observations ahead per test.
- 80% band coverage
- 84%Observed outcomes inside the band across all stored test windows.
- Band coverage uses all stored test windows, including model-selection windows when present; it does not determine the confidence label.
- Evaluated 2026-11-15 against the cached history through 2019-03-01.
- This is an evaluation of the serving model; it does not establish a winner across four model classes.
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison pendingA new ticker first receives its serving model's forecast and evaluation. An eligible nightly batch can compare both candidates, subject to call budgets and retry limits.
Reading
It is above 5% of the 39 earlier readings since Q2 2009.
Recent history (24 observations)
| Period | Value |
|---|---|
| Q1 2019 | 2.95B USD |
| Q4 2018 | 3.37B USD |
| Q3 2018 | 2.88B USD |
| Q2 2018 | 3.10B USD |
| Q1 2018 | 3.43B USD |
| Q4 2017 | 2.51B USD |
| Q3 2017 | 3.06B USD |
| Q2 2017 | 3.32B USD |
| Q1 2017 | 3.14B USD |
| Q4 2016 | 4.12B USD |
| Q3 2016 | 3.60B USD |
| Q2 2016 | 4.34B USD |
| Q1 2016 | 4.31B USD |
| Q4 2015 | 7.20B USD |
| Q3 2015 | 8.46B USD |
| Q2 2015 | 8.12B USD |
| Q1 2015 | 9.53B USD |
| Q4 2014 | 13.72B USD |
| Q3 2014 | 12.95B USD |
| Q2 2014 | 10.82B USD |
| Q1 2014 | 9.76B USD |
| Q4 2013 | 14.52B USD |
| Q3 2013 | 13.26B USD |
| Q2 2013 | 13.76B USD |
Source
Data: public market data feeds.
More from Agentic Investor
- Open Venezuela Imports in the app: the interactive chart and a fresh forecast
- World and commodity series: every stored series
- Vietnam indicators
Also stored for Venezuela
- Venezuela Balance Of Trade
- Venezuela Banks Balance Sheet
- Venezuela CPI Transportation
- Venezuela Central Bank Balance Sheet
- Venezuela Consumer Confidence Index
- Venezuela Consumer Price Index
- Venezuela Core Consumer Prices
- Venezuela Core Inflation Rate YoY
- Venezuela Corporate Tax Rate
- Venezuela Corruption Index
- Venezuela Corruption Rank
- Venezuela Crude Oil Production