Browse Data and Analysis

In 2023, French food and agricultural imports from the United States reached $1 billion. While exporting to France can be challenging, there are many opportunities for U.S. suppliers.

As a member of the European Union, France implements EU regulations for the import of animal and plant products.

France, as a member of the European Union (EU), generally follows EU directives, regulations, and obligations.

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.

In the nine-year period from 2012 to 2020, Venezuela's economy declined 88 percent, which led to a drop in demand for agricultural products.

FAS (Post) revises Venezuela corn and rice production higher for market year (MY) 2023/2024 due to improved access to higher-quality agricultural inputs and seeds, and favorable weather conditions.

Since 2013, Venezuela’s total meat consumption has declined 66 percent due to prolonged economic collapse. However, since 2019, an improved economic environment has led to stabilized beef production and significant growth in the poultry sector.

France is the world’s leading tourist destinations. Revenues are returning to pre-covid standards since France earned 58 billion in 2022 thanks to foreign tourism.

This report outlines Venezuela’s food and beverage market conditions, which highlights growing opportunities for U.S. food and agricultural exporters to enter and expand in the market.

In 2022, the Venezuelan artificial insemination market was estimated at 170,000 doses per year, with 43 percent of doses imported.

In 2022, the agri-food market in France was strongly impacted by inflation, recorded at 5.3 percent. This price increase has impacted the most modest strata of society and has cut into their ability to buy. Consumers are moving away from big brands to less expensive distributor brands.

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.