U.S. Trade with Venezuela in 2023

Export Market Rank
#35 Among U.S. Agricultural Export Markets
Total Export Value
$669.21 Million
3-Year Average
$677.94 Million
Compound Average Growth
-6.21% (2014-2023)
Total Export Value 2014 - 2023
Export Value by Commodity 2023

Top 10 Exports to Venezuela in 2023

Commodity Total Value (USD) Total Volume (Metric Tons) 10-Year Average Value (USD) 10-Year Growth
Soybean Meal $335.25 Million 635,702 $183.39 Million -23%
Corn $73.68 Million 242,757 $111.07 Million -71%
Wheat $62.34 Million 172,474 $91.11 Million -70%
Soybeans $49.74 Million 89,217 $26.1 Million 79%
Food Preparations $36.03 Million 8,920 $25.63 Million 25%
Rice $31.31 Million 72,811 $47.34 Million -66%
Essential Oils $14.36 Million 1,868 $6.38 Million -8%
Baked Goods $8.64 Million 1,827 $3.15 Million 490%
Dairy Products $7.97 Million 3,241 $4.87 Million -43%
Dextrins, Peptones, & Proteins $6.9 Million 1,341 $7.38 Million -76%

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Data and Analysis

Attaché Report (GAIN)

Venezuela: Sugar Annual

Marketing year (MY) 2024/2025 Venezuelan sugar production is forecast to increase to 373,000 metric tons due to favorable yields, increased access to quality inputs, improved prices for producers and better sugar industry profit margins.
Attaché Report (GAIN)

Venezuela: Grain and Feed Annual

In market year (MY) 2024/2025, FAS (Post) forecasts Venezuela’s corn production to reach 1.36 million metric tons (MMT), 5 percent higher year-on-year due to favorable weather conditions. Production increases are likely to increase despite low international prices and limited financing that will likely discourage expanded planting area.
Attaché Report (GAIN)

Venezuela: Agricultural Biotechnology Annual

Despite the private sector's support for biotechnology, Venezuela maintains a ban on the domestic use and research of modern biotechnology-derived agriculture. Venezuela’s basis for the ban is through the Seed Law of December 2015, which also prohibits the importation of genetically engineered (GE) seeds.

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...