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Despite private sector support for biotechnology, Venezuela’s ban on the domestic use of and research on modern biotechnology-derived agriculture remains in place. The backbone of this ban is the Seed Law of December 2015, which also prohibits the importation of genetically-engineered seeds.

Venezuela's economic recovery continues, strengthening Venezuelans' purchasing power and consumption. As a result, in marketing year (MY) 2022/23 wheat consumption is revised up 4 percent compared to USDA's official forecast, while imports will increase to 1.3 million MT. The United States remains the largest supplier of hard red winter wheat to Venezuela.

The Danish Veterinary and Food Administration (known as the Fødevarestyrelsen) has announced Denmark will lift its temporary ban on keeping mink as of January 1, 2023. The ban had initially been imposed for 2020/2021 for the sake of public health during the coronavirus pandemic and was later extended to include 2022.

Food availability in Venezuela has improved since reaching an all-time low in 2019 as the result of informal dollarization of the economy, lower inflation, increased private sector activity, and a growth in domestic production and imports.

Total meat consumption in Venezuela has declined 68.9 percent since 2013 as a result of the economic collapse. However, a better economic environment since 2019 has led to a stabilization of beef production and significant growth in chicken production. In 2022, beef production is forecast to grow 5 percent from 2021 to 287,803 MT.

On May 4 and 5, 2022, Venezuela’s National Supermarkets Association held an event entitled “Radiography of the Retail Sector in Venezuela 2022.” The goal of this event was to evaluate the Venezuelan retail sector situation including changes in retail and consumer trends, emerging threats, and new opportunities for growth.

Venezuelan seafood production totaled 241,000 MT in 2021, growing by 16 percent compared to 2020. Seafood products are Venezuela’s largest agricultural export, accounting for more than 54 percent of the total value of agricultural exports in 2021.

Venezuelan milk production reached 1.5 billion litres in 2021, just a 2 percent increase from 2020. The formal dairy industry processed 12 percent of this output, only working at 20 percent of their capacity, due to the collapse of the market and Venezuelan consumers favoring artisanal cheeses.

Sugar production in Venezuela for MY 2022/23 is forecast to increase by 39% to 265,000 MT. The increase is primarily due to yield gains as a result of better access to quality inputs and a reduction in diesel shortages, as well as more favorable prices for producers.

This report identifies the export certification requirements by agricultural and food product. The Venezuelan ministries issue import permits, import licenses, and register processed food products. This report reflects minor changes from the 2021 report.

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. Venezuela remains a complicated but promising market for U.S. agricultural products. The market has grown by 260 percent since 2019, illustrating opportunities exist.

As Venezuela’s economy continues to recover into MY 2022/23, Venezuela is expected to increase its consumption of wheat by 5.2 percent. With rising global prices of wheat, Venezuela may shift to more price competitive sources like Brazil and away from the United States for wheat grains.