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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.
Post forecasts market year (MY) 2022/23 cotton fiber production at 990,000 bales (480 lb.) The MY 2021/22 estimate for exports is unchanged at 1.1 million bales. MY 2022/23 export projection is 1 million bales, assuming the entire national production is exported. Annual consumption is stable at 20,000 bales.
The seafood industry plays an important role for Côte d’Ivoire 's national economy. In 2021, this sector accounted for about 3.2 percent of the agricultural GDP, resulting in a contribution of 0.8 percent to the overall GDP and generated $114 million in value. Demand for high quality seafood is high, creating an excellent opportunity for U.S. seafood suppliers.
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 provides information on the steps needed to export dairy products to Cote d’Ivoire.
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.
While still in the early stages for adopting genetically engineered products, the Government of Cote d’Ivoire is putting systems in place to eventually allow GE products onto the market.
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.
This quarterly publication provides a summary of local and regional developments relevant to U.S. food and agricultural trade covering Ghana, Côte d’Ivoire, Liberia, Sierra Leone, and Togo.
In MY 2021/22, Venezuelan sugar production is projected upwards to 190,000 MT.