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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.
The Dominican Republic continues to be a strong market for U.S. bulk agricultural products (e.g., corn), intermediate goods (e.g., soybean meal), and high value consumer-oriented products (e.g., processed food products), reaching a total export value...
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.
The Dominican Republic, through its Ministry of Industry, Commerce and SME’s (MICM), announced the activation of the CAFTA-DR agricultural safeguard measure for imports of chicken leg quarters (CLQ’s) from the United States on October 30, 2023.
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.
The closure of the Haiti-Dominican Republic border on September 14 due to a binational dispute over the construction of a canal on the Haitian side of the Dajabon River has exacerbated the food security situation in Haiti and caused mounting losses for Dominican farmers.
The Ministry of Agriculture and Livestock and Food Supply of Brazil (MAPA) announced the opening of the Dominican Republic market for pork and beef products on August 9, 2023.
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.
In 2023, U.S. agricultural exports to the Dominican Republic (DR) are on pace to reach an all-time high, powered by strong demand from the food service sector for consumer-oriented products.
For marketing year October 2023/September 2024 (MY 2023/24), Post forecasts overall sugar production in the Dominican Republic (DR) to increase slightly to 500,000 metric tons (MT) due to improved rainfall patterns.
The United States Department of Agriculture (USDA) and the Directory of Livestock of the Dominican Republic (DIGEGA) agreed on new requirements for U.S. poultry access to the Dominican Republic (DR).
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.