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In 2024, U.S. exports of agricultural and related products to Honduras totaled $1.3 billion, representing a 38.2 percent share of the market and a 1.3 percent increase over the previous year.
Venezuelan agricultural imports in 2024 grew 9 percent year-on-year to $3 billion. Agricultural imports experienced a 15 percent year-on-year increase in volume, driven by rising demand and a slight reduction in import prices.
This report identifies the export certification requirements for agricultural and food products.
This report is an annual update of Venezuela’s agricultural product import standards and enforcement mechanisms for U.S. exporters of agricultural commodities, foods, and beverages.
In 2023, the United States held a 29.1 percent share of the consumer-oriented food and beverage market in Honduras, a slight decrease of 1.3 percent from 2022.
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.
The National Plant, Animal Health and Food Safety Service (SENASA) is the regulatory agency in Honduras that is responsible for the inspection of all agricultural products that enter the country.
SENASA and ARSA have made significant progress in expediting import procedures with the introduction of online options for requesting import permits and sanitary authorizations of imported raw materials that provide immediate electronic delivery to ports of entry.
This report outlines market conditions and opportunities for U.S. agricultural exports to expand or enter the Venezuelan market. While the economy stagnated in 2023, Venezuela is the sixth largest South American destination for U.S. agricultural and related product exports.
The total value of U.S. agricultural exports to Honduras in 2023 reached $1.3 billion, with a 39 percent (%) market share, and a 4 % decrease from the previous year.
In calendar year 2023, Venezuelan agricultural imports dropped 8 percent year-on-year to $2.7 billion. By volume, however, agricultural imports increased 4 percent year-on-year owing to a decrease in import prices. Agricultural imports from the United States totaled $675 million, down 9 percent from 2022.
This report identifies the export certification requirements for agricultural and food products. The Venezuelan ministries issue import permits, import licenses, and register processed food products.