Venezuela Exporter Guide 2017

Country:
Venezuela

Report Highlights: U.S. agricultural product exports to Venezuela averaged a notable $1.4 billion per year from 2010-2014. Nevertheless, Venezuela’s economy is dependent on oil, which accounts for about 95% of export revenues. The precipitous fall in oil prices since 2015 has significantly diminished foreign exchange, challenging Venezuela’s financial capability to import goods. As a result, the value of U.S. agricultural exports in calendar year (CY) 2017 plummeted 42% to $ 376 million (January to October) compared to the same time period a year before.

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Exporter Guide_Caracas_Venezuela_12-28-2017.pdf292.28 KB