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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.
This report is an annual update of the agricultural product import standards and enforcement mechanisms in Venezuela for U.S. exporters of agricultural commodities, foods, and beverages.
The Venezuelan coffee sector is struggling with shortages of fuel, agro-chemicals, and replacement parts. In MY 2020/21, post forecasts continued decreases in production based on input limitations.
Venezuelan sugar production is forecast down to 150,000 metric tons in MT 2020/21 due to shortages of fuel and inputs.
During market year 2020/21, a decrease in production is forecast across most commodities in Venezuela.
An ongoing, severe economic and political crisis in the country has led to hyperinflation and contributed to falling U.S. agricultural product exports.
The Government of the Bolivarian Republic of Venezuela (GBRV) bans the use and research of modern biotechnology-derived agriculture.
Three years of economic contraction, hyperinflation and diminishing hard currency for imported agricultural inputs and raw materials will negatively impact production, consumption and trade....
The Venezuelan economy is in crisis. Three years of economic contraction, hyperinflation and diminishing hard currency for imported goods will negatively impact production, consumption, and trade....
Production of domestic coffee in MY 2016/17 is expected to barely increase to 530,000 bags (1 bag=60 Kilograms) of green bean equivalent (GBE).
Domestic sugar production is forecast up to 300,000 metric tons (MT) in marketing year (MY) 2017/18.