Venezuela

U.S. Trade with Venezuela in 2021

Export Market Rank
#36 Among U.S. Agricultural Export Markets
Total Export Value
$630.97 Million
3-Year Average
$415.28 Million
Compound Average Growth
-9.46% (2012-2021)
Total Export Value 2012 - 2021
Export Value by Commodity 2021

Top 10 Exports to Venezuela in 2021

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Soybean Meal $144.53 Million 353,525 $199.69 Million -58%
Corn $100.14 Million 365,880 $163.18 Million -75%
Wheat $98.41 Million 315,393 $121.78 Million -63%
Rice $80.54 Million 246,987 $66.24 Million -6%
Food Preparations $53.65 Million 13,316 $30.42 Million -31%
Soybean Oil $53.07 Million 41,372 $37.84 Million -1%
Soybeans $23.55 Million 47,624 $26.71 Million -12%
Other Consumer Oriented $9.49 Million 375 $2.31 Million 146%
Dextrins, Peptones, & Proteins $6.68 Million 1,936 $10.6 Million -67%
Essential Oils $6.68 Million 885 $7.24 Million -61%

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Data and Analysis

Attaché Report (GAIN)

Venezuela: Agricultural Biotechnology Annual

Despite private sector support for biotechnology, Venezuela’s ban on the domestic use of and research on modern biotechnology-derived agriculture remains in place. The backbone of this ban is the Seed Law of December 2015, which also prohibits the importation of genetically-engineered seeds.
Attaché Report (GAIN)

Venezuela: Grain and Feed Update

Venezuela's economic recovery continues, strengthening Venezuelans' purchasing power and consumption. As a result, in marketing year (MY) 2022/23 wheat consumption is revised up 4 percent compared to USDA's official forecast, while imports will increase to 1.3 million MT. The United States remains the largest supplier of hard red winter wheat to Venezuela.
Food availability in Venezuela has improved since reaching an all-time low in 2019 as the result of informal dollarization of the economy, lower inflation, increased private sector activity, and a growth in domestic production and imports.

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News and Features

Throughout 2021, FAS was proud to support USDA's efforts to create more and better markets for U.S. agriculture, to address the climate crisis, and to promote nutrition and food security.
Secretary Vilsack highlights key USDA accomplishments – including FAS's global leadership – to create more and better markets for U.S. agriculture in 2021.
It's been a busy fall for the FAS Cochran Fellowship Program. In September and October 2017, more than 200 Cochran Fellows from 32 countries traveled to the United States to enhance their knowledge and technical skills. The fellows, many of them...

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