Will Turmoil in Venezuela Impact US Agriculture
Will Turmoil in Venezuela Impact US Agriculture
Will Venezuela’s current instability and turmoil create new agriculture opportunities or shrink the market?
Venezuela, classified as an upper middle-income country, had a GDP of $119 billion in 2024, ranking as the 69th largest economy globally and 10th in Latin America, according to USDA data.
It is not a major agricultural producer compared to other Latin American nations, Venezuela’s economy is heavily dependent on oil, of course, the country’s primary economic driver.
A recent USDA report hi
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