Venezuelan agro-industry could increase its exportable supply by 25% to 40% driven by a new oil boom

Venezuelan agro-industry could increase its exportable supply by 25% to 40% if the upcoming oil boom translates into direct investment to strengthen primary production, producers and specialists agreed during the fourth edition of Agricultural Perspectives Trends Venezuela, held in Valencia. El Nacional The meeting brought together representatives of the sector to analyze consumption trends, international markets, emerging technologies, artificial intelligence, finances, and key scenarios for 2026. El Nacional

Venezuelan agro-industry could increase its exportable supply by 25% to 40% driven by a new oil boom

TL;DR

  • Venezuelan agro-industry could see a 25% to 40% increase in exportable supply with direct investment from an upcoming oil boom.
  • Producers and specialists gathered in Valencia for the fourth edition of Perspectivas Agropecuarias Tendencias Venezuela to analyze market trends, technology, and future scenarios.
  • The reform of the Hydrocarbons Law is expected to integrate essential resources from the oil and petrochemical sectors for agricultural production, benefiting the entire value chain.
  • National agricultural production has grown to meet internal demand, and exports are expanding to international markets like the Caribbean islands, Turkey, and China.
  • Key export products include cocoa, specialty coffees, shrimp, blue crab, fish species, and algae, satisfying preferences beyond the Venezuelan diaspora.