Venezuela: Retail Food Sector
Even with major challenges, the retail sector in Venezuela continues to provide opportunities for U.S exporters. There are 162,959 retail outlets, including supermarkets (chain and independents), pharmacies, mom & pops, and government-owned stores in Venezuela selling food and beverages. Most supermarkets are modern and offer good service to customers. U.S. exports of consumer-oriented products to Venezuela in 2014 were valued at $91 million. However, U.S. agricultural exports to Venezuela were down in 2015 due mostly to the economic crisis in the country and foreign exchange restrictions.