Browse Data and Analysis

In calendar year 2023, Venezuelan agricultural imports dropped 8 percent year-on-year to $2.7 billion. By volume, however, agricultural imports increased 4 percent year-on-year owing to a decrease in import prices. Agricultural imports from the United States totaled $675 million, down 9 percent from 2022.

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.