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Record-high remittances continue to boost consumer spending in 2024. U.S. agricultural exports to Nicaragua through September 2024 are up four percent compared to the same period in 2023.
The Venezuelan private sector supports biotechnology use and application. Nevertheless, the Venezuelan authority maintains a ban on the domestic use and research of modern biotechnology-derived agriculture.
In June 2024, the Nicaraguan Institute of Agricultural Protection and Health (IPSA) issued an executive resolution to strengthen the risk mitigation measures for the monitoring and testing of GE grains.
On October 1, 2019, El Salvador agreed to harmonize the biosafety technical regulation for “modified living organisms” for agricultural use with Guatemala and Honduras and designated the Ministry of Agriculture as the National Competent Authority to provide authorizations and keep registries related to biotechnology.
This report provides examples of the significant export certificates and other documents required by the government of El Salvador for U.S. exports of food and agricultural products.
Since August 7, 2024, the Superintendence for Sanitary Regulation has been responsible for food and beverage product registration in El Salvador.
FAS estimates Venezuela corn production at 1.36 million metric tons for the new market year (MY) 2024/2025 on a planted area of 350,000 hectares. Significant economic uncertainty persists following the July 28, 2024, presidential election, and higher inflation and a scarcity of U.S. dollars will likely inhibit increased corn acreage and limit yields.
Consumer trends in Nicaragua are shifting towards modern retail channels as remittance flows increase. Supermarkets are expanding rapidly, with one grocery store chain opening eight new locations in 2024.
Since 2014, Venezuela’s total meat consumption has declined 57 percent due to prolonged economic downfall. Nevertheless, since 2019, an improved economic environment has led to stabilized beef production and significant growth in the poultry sector. In 2024, total per capita meat consumption is forecast to be 32.4 kilograms, growing 83 percent from its 2018 record low.
In 2023, U.S. agriculture exports to El Salvador reached $860 million, a slight drop of 12 percent compared to 2022 due mainly to lower wheat and oil seeds imports. However, the consumer-oriented products category saw a promising increase from $349 million to $364 million, marking a 4.4 percent growth.
This report provides information on export certification requirements for U.S. food and agricultural exports to Nicaragua. There were no significant changes to required export certificates since the 2023 report.
This report describes Nicaraguan regulatory requirements and import procedures for food and agricultural products. As of June 2024, there had been no major changes to the regulatory regime since the 2023 report.