Browse Data and Analysis

In calendar year 2022, Venezuelan agricultural imports grew by 20 percent to $3 billion, driven by an estimated 8 percent economic growth and recovering consumer demand. Agricultural imports from the United States totaled $809 million in 2022, up 28 percent compared to 2021.

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....