Market research

Sweet potatoe 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

The sweet potato market in Venezuela expanded consistently from 2018 to 2023, with total volume rising from 15 738 t to 23 180 t. This represented an overall increase of 47% over the five-year period. Growth was particularly strong in 2019, when the market jumped by 19%, and continued at a steady pace through 2023 with annual increases between 3% and 8%. Domestic production fully supplied this growing demand, as imports were negligible throughout.

In 2024, Venezuela introduced new front-of-package labeling regulations, such as Resolution 011, mandating warning seals for foods high in salt, added sugars, and saturated fats. At the same time, consumer preference shifted toward fresh and healthy options, raising interest in unprocessed sweet potatoes. These developments set a new regulatory and demand context for the market.

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, 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, 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, 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Venezuela in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Venezuela by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Venezuela in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Venezuela by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Venezuela, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Venezuela by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Venezuela in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Venezuela by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Venezuela in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Venezuela by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Venezuela, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Venezuela by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 sweet potatoe in Venezuela

In kind, 2017-2020, t

Top producers of sweet potatoe, 2017-2020

Source: SHEV.io

World map of production of sweet potatoe, 2017-2020

Source: SHEV.io

Venezuela's sweet potato production increased for the second consecutive year. In 2020, the country produced 19,646 tonnes of sweet potatoes, marking a modest 4.8% increase compared to the previous year. Over the 2017-2020 period, production decreased by 26.7%, with a compound annual growth rate of -9.8%. The lowest production level was recorded in 2018 at 15,744 tonnes. The largest decline occurred in 2018 with a 41.3% drop, while the most significant increase was in 2019 with a 19.1% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(41.3%)	19.1%	4.8%	(9.8%)

Source: SHEV.io

Exports sweet potatoe from Venezuela

Exports in kind, kg

Venezuela's sweet potato exports declined for the second consecutive year. In 2019, the country exported 500 kilograms of sweet potatoes, representing a steep 91.2% decrease compared to the previous year. Over the 2017-2019 period, exports fell by 96%, with a compound annual growth rate of -65.9%.

Annual dynamics of product's exports from Venezuela in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(54.8%)	(91.2%)	n/a	-

Source: SHEV.io

From 2017 to 2020, Curaçao was the nearly exclusive buyer of sweet potatoes from Venezuela, accounting for 99.5% of total exports in volume terms.

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, $ US

The market showed noticeable fluctuations during this period. From 2018 to 2019, export values experienced a peak-to-trough amplitude of 7.7 times. In 2019, Venezuela's cross-border shipments of sweet potatoes amounted to $1,299 US dollars, which represents an 86.9% year-over-year decline. The highest value was recorded in 2018 at $9,944 US dollars, with the largest increase occurring that same year at 47.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	47.1%	(86.9%)	n/a	-

Source: SHEV.io

Throughout 2017-2020, exports in value terms remained heavily concentrated on Curaçao, which accounted for 99.0% 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 sweet potatoe to Venezuela

Imports in kind, kg

The data reveals irregular changes, indicating a volatile market environment. Import volumes varied 82 times from the low in 2018 to the high in 2020. In 2020, Venezuela imported 816 kilograms of sweet potatoes, representing a sudden 96.7% decline compared to 2019.

Annual dynamics of product's imports to Venezuela in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	(96.7%)	n/a	n/a	39.0%

Source: SHEV.io

From 2017 to 2020, the United States was the primary source for imports in volume terms, accounting for 72.2% of total flows, while other markets formed a long tail of smaller partners.

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, $ US

The market showed noticeable fluctuations during this period. Import values experienced a peak-to-trough amplitude of 955 times from 2018 to 2020. In 2020, Venezuela imported sweet potatoes worth $1,299 US dollars, down 99.7% compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.7%)	n/a	n/a	43.5%

Source: SHEV.io

Throughout 2017-2020, the country structure of imports in value terms was highly concentrated on the United States and El Salvador, which jointly accounted for 99.9% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io