Evaluating the market in Venezuela

We can help you get a better understanding of market activity, relationships and support to grow your business.

Business environment in Venezuela

Venezuela's excessive dependence on oil, high inflation, restrictive access to foreign exchange, and ongoing nationalizations have increased the risk of doing business in Venezuela. Accordingly, there has been a sharp decline in exporter and investor interest in this Andean market. The Government has significantly increased its control over the country’s assets over the past decade. The business climate is turbulent and President Maduro's administration has been openly hostile towards private capital and foreign direct investment. This situation is not expected to change over the short term.
  • Agriculture
  • Oil and Gas

Interested in growing your business in this market?

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1-888-220-0047

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Alicia McCarthy

Senior Trade Advisor, EDC

Alicia McCarthy  Senior Trade Advisor, EDC