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Domestic sugar production is forecast up to 300,000 metric tons (MT) in marketing year (MY) 2017/18.
The lack of agricultural inputs, price controls and rising production costs continue to negatively impact agricultural production in Venezuela.
This report is an annual update of the agricultural product import standards and enforcement mechanisms in Venezuela for U.S. exporters of agricultural commodities, foods and beverages.
This report identifies the different export certification requirements currently in place by product.
U.S. agricultural product exports to Venezuela averaged a notable $1.4 billion per year from 2010-2014.
U.S. consumer-oriented exports products to Venezuela in 2016 (through November) were valued at $21.6 million, down 54 percent from the same time period a year before.
Continued interest expressed by farmers and agricultural scientists to improve agricultural output via biotechnology has not resulted in a legal framework for either testing or commercializing...
On October 27, 2016, the Government of the Bolivarian Republic of Venezuela (GBRV) temporarily (one year) eliminated import tariffs and value added taxes for scarce agricultural products...
Post corn production forecast is one million MT, or eight percent below the USDA projection in marketing year (MY) 2016/2017. Less production will boost corn imports, forecast up to 2.19 million MT...
Coffee production in marketing year (MY) 2016/17 is expected to decline to 400,000 bags (1 bag = 60 kilograms unless otherwise noted) green bean equivalent (GBE).
All grain production and imports are challenged by foreign exchange limitations that restrict access to key agricultural inputs and currency for overseas purchases.
Post forecasts domestic sugar production to fall in marketing year (MY) 2016/2017 to 430,000 metric tons (MT)...