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Sugar production in Venezuela for MY 2022/23 is forecast to increase by 39% to 265,000 MT. The increase is primarily due to yield gains as a result of better access to quality inputs and a reduction in diesel shortages, as well as more favorable prices for producers.
This report identifies the export certification requirements by agricultural and food product. The Venezuelan ministries issue import permits, import licenses, and register processed food products. This report reflects minor changes from the 2021 report.
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. Venezuela remains a complicated but promising market for U.S. agricultural products. The market has grown by 260 percent since 2019, illustrating opportunities exist.
As Venezuela’s economy continues to recover into MY 2022/23, Venezuela is expected to increase its consumption of wheat by 5.2 percent. With rising global prices of wheat, Venezuela may shift to more price competitive sources like Brazil and away from the United States for wheat grains.
While Venezuela poses unique challenges as an export market, opportunities are growing for U.S. food and agricultural exporters to enter and expand in the market. Domestic production cannot meet consumer demand, leading to a continued dependence on...
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.
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.
The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.