Venezuela: Venezuelan Agricultural Imports Grew 85 percent since 2019

Venezuelan agricultural imports grew by 33.1 percent in 2021 due to a stabilization of the economy and a recovery in consumer demand. Nevertheless, agricultural imports fell by 5.1 percent in volume due to significant commodity prices increases. Agricultural imports from the United States totaled $634 million last year, up 44.8 percent compared to 2020. The market has grown by more than 85 percent since 2019, and the products with the greatest growth potential for U.S. exporters include consumer-oriented products, corn, rice, wheat, soybean meal, soybean oil, and sugar.