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U.S. exports of consumer-oriented products to Aruba reached an all-time high of $74 million in 2016 and are on pace to reach another record level in 2017.
The United States exported over $1 Billion in U.S. consumer-oriented foods and fish products to the Caribbean Basin in 2016.
The Government of the Bolivarian Republic of Venezuela (GBRV) bans the use and research of modern biotechnology-derived agriculture.
Biotech regulations have been virtually non-existent in the Caribbean. However, that may change in the years ahead....
Three years of economic contraction, hyperinflation and diminishing hard currency for imported agricultural inputs and raw materials will negatively impact production, consumption and trade....
The Venezuelan economy is in crisis. Three years of economic contraction, hyperinflation and diminishing hard currency for imported goods will negatively impact production, consumption, and trade....
Production of domestic coffee in MY 2016/17 is expected to barely increase to 530,000 bags (1 bag=60 Kilograms) of green bean equivalent (GBE).
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.