Browse Data and Analysis

Food availability in Venezuela has improved since reaching an all-time low in 2019 as the result of informal dollarization of the economy, lower inflation, increased private sector activity, and a growth in domestic production and imports.

Total meat consumption in Venezuela has declined 68.9 percent since 2013 as a result of the economic collapse. However, a better economic environment since 2019 has led to a stabilization of beef production and significant growth in chicken production. In 2022, beef production is forecast to grow 5 percent from 2021 to 287,803 MT.

U.S. exporters can find ample opportunities in the Iberian Peninsula. Spain is the third-largest European Union (EU) destination for U.S. agricultural products, with Portugal ranking 11th. In 2021, the United States exported $1.6 billion of agricultural products to Spain, or 15 percent of total U.S. agricultural exports to the EU. The United States held a 4 percent market share of Spain’s agricultural imports and 2 percent market share in Portugal, behind other EU member states as a group and Brazil.