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Venezuelan agricultural imports grew by 33.1 percent in 2021 due to a stabilization of the economy and a recovery in consumer demand. Nevertheless, agricultural imports fell by 5.1 percent in volume due to significant commodity prices increases.
This report is an annual update of Venezuela's agricultural product import standards and enforcement mechanisms for U.S. exporters of agricultural commodities, foods, and beverages.
This report identifies the different export certification requirements currently in place by product. The Maduro regime, through its different Ministries, issues import permits, import licenses, and conducts processed food product registrations. Post updates only minor changes in this report.
The Venezuelan regime bans the use and research of modern biotechnology-derived agriculture. The United States is currently the leading exporter of biotech-derived crops to Venezuela, including corn, soybeans, soybean meal, and soybean oil.
Grain and feed news is positive this year in Venezuela. The forecast for winter crops is favorable due to sufficient rainfall resulting in above average yields for corn and rice.
Since 2013, total meat consumption in Venezuela has declined 69.1 percent. However, a relatively better economic climate since 2019 has helped stabilized beef production and led to a significant recovery in chicken production.
In MY 2021/22, Venezuelan sugar production is projected upwards to 190,000 MT.
In marketing year (MY) 2021/22, corn and rice production is forecast to increase due to greater area planted and slightly improved yields.
On January 1, 2021, the Government of Nepal’s (GON) Ministry of Industry, Commerce and Supplies (MOICS) applied a provision in the Foreign Investment and Technology Transfer Act 2019...
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.
The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.