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The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.
This report is an annual update of the agricultural product import standards and enforcement mechanisms in Venezuela for U.S. exporters of agricultural commodities, foods, and beverages.
The Venezuelan coffee sector is struggling with shortages of fuel, agro-chemicals, and replacement parts. In MY 2020/21, post forecasts continued decreases in production based on input limitations.
Venezuelan sugar production is forecast down to 150,000 metric tons in MT 2020/21 due to shortages of fuel and inputs.
During market year 2020/21, a decrease in production is forecast across most commodities in Venezuela.
EU-27+UK chicken meat production is expected to increase slightly again in 2020 driven by both domestic and export demand.
An ongoing, severe economic and political crisis in the country has led to hyperinflation and contributed to falling U.S. agricultural product exports.
Five years of economic contraction, hyperinflation, and limited investment have negatively impacted Venezuelan poultry production.
At nearly 313.5 MMT, the total MY2019/20 EU28 grain crop is around 2 MMT higher than the previous forecast, with higher wheat, corn and barley production partially offset by a lower mixed grain....
The Venezuelan economy has collapsed.
The unprecedented heatwave in June across much of the European Union attracted attention to the outlook for the MY2019/20 EU28 grain crop.
The European Commission has published in the EU Official Journal updated legislation amending the EU Regulation on Spirits.