From the Washington Post:

Colombian drug kingpins in league with corrupt Venezuelan military officers are increasingly using this country as a way station for smuggling cocaine to the United States and Europe, according to Colombian and U.S. officials. The Bush administration’s dismal relations with Venezuela’s government have made matters worse, anti-drug agencies say, paralyzing counternarcotics cooperation.

Venezuela does not cultivate the leaf from which cocaine is derived. Instead, this country on South America’s northern fringe, along with Ecuador and Central America, has long been a stopover for cocaine produced in neighboring Colombia, the world’s top producer.

The global trade in Cocaineis currently listed by Havocscope at $70.45 Billion.