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FAS (Post) revises Venezuela corn and rice production higher for market year (MY) 2023/2024 due to improved access to higher-quality agricultural inputs and seeds, and favorable weather conditions.
Since 2013, Venezuela’s total meat consumption has declined 66 percent due to prolonged economic collapse. However, since 2019, an improved economic environment has led to stabilized beef production and significant growth in the poultry sector.
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.
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.
This report identifies the different export certification requirements currently in place by product.
U.S. agricultural product exports to Venezuela averaged a notable $1.4 billion per year from 2010-2014.
U.S. consumer-oriented exports products to Venezuela in 2016 (through November) were valued at $21.6 million, down 54 percent from the same time period a year before.