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

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.
Attaché Report (GAIN)

Venezuela: FAIRS Export Certificate Report Annual

This report identifies the export certification requirements for agricultural and food products. The Venezuelan ministries issue import permits, import licenses, and register processed food products.
Attaché Report (GAIN)

Venezuela: FAIRS Country Report Annual

This report is an annual update of Venezuela’s agricultural product import standards and enforcement mechanisms for U.S. exporters of agricultural commodities, foods, and beverages.

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