Market research

Potato market in Venezuela

Release date: Mar 27, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Venezuela's fresh potato market volume grew steadily from 380 thousand tons in 2018 to 529 thousand tons in 2022, an increase of 39%. This expansion occurred against a backdrop of reported challenges, including disruptions in the seed supply chain and contraband activity on the Colombian border, which pressured domestic production capabilities.

The market stabilized in 2023 at 528 thousand tons, essentially maintaining the previous year's level. Throughout the period, the market was supplied almost entirely by domestic output, as import volumes remained minimal, and the private sector continued to dominate the agro-industrial segment.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Venezuela
  1. 5.1.1. Annual dynamics of production in Venezuela in kind, 2018-2023, K t
  2. 5.1.2. Annual dynamics of production in Venezuela in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production potato in Venezuela

In kind, 2017-2020, K t

Top producers of potato, 2017-2020

Source: SHEV.io

World map of production of potato, 2017-2020

Source: SHEV.io

Venezuela's potato production has increased for the second consecutive year. In 2020, the country produced 451.3 thousand tons of potatoes, marking a gradual 5.6% increase compared to 2019. Looking at the period from 2017 to 2020, production rose by 7.2%, which translates to an annualized growth rate of 2.3%. The lowest production level was recorded in 2018 at 379.5 thousand tons. That same year saw the largest decline, with a drop of 9.9%. In contrast, 2019 experienced the most significant increase, with production jumping by 12.6%.

Annual dynamics of production in Venezuela in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.9%)	12.6%	5.6%	2.3%

Source: SHEV.io

Exports potato from Venezuela

Exports in kind, t

In 2018, Venezuela's potato exports reached 6.0 tons, representing a dramatic reduction of 57.4% compared to the previous year.

Annual dynamics of product's exports from Venezuela in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(57.4%)	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, Curacao was by far the main destination for Venezuela's potato exports in kind, accounting for 100.0% of total flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Venezuela in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2018, potato deliveries from Venezuela amounted to 3.7 thousand US dollars, equivalent to a decrease of 70.7% compared to the previous year.

Annual dynamics of product's exports from Venezuela in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(70.7%)	n/a	n/a	-

Source: SHEV.io

Over the period 2017–2020, Curacao was by far the main destination for Venezuela's potato exports in value terms, accounting for 100.0% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Venezuela in value, 2017-2020

Source: SHEV.io

Imports potato to Venezuela

Imports in kind, t

In 2020, Venezuela imported a total of potato, indicating a drop of 94.5% compared to 2019. Between 2017 and 2020, imports decreased by 94.8%, equating to an annualized rate of 62.6%.

Annual dynamics of product's imports to Venezuela in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(94.5%)	n/a	n/a	(62.6%)

Source: SHEV.io

Throughout 2017–2020, Colombia played a dominant role in Venezuela's potato imports in kind, consistently accounting for 90.0% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Venezuela in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, cross-border shipments of potatoes to Venezuela were recorded at 9.3 thousand US dollars, equivalent to a dramatic fall of 96.3% year-over-year. Over the period 2017-2020, imports decreased by 97%, with a compound annual growth rate of 68.9%.

Annual dynamics of product's imports to Venezuela in value, 2017-2020, K $ US