required report public distribution date 12 1 2003 gain number ve3010 ve3011 venezuela exporter guide annual approved by leanne hogie us embsassy prepared jonathan martinez highlights remains a ma jor market for agricultural products consistently among the top two markets in south america however venezuelan economy suffered it s worst contraction over 50 years during past months major devaluation combined with ongoing political unrest crippling month strike and rising unemployment are basis of problem government imposed exchange controls price january have only worsened situation includes psd changes no trade matrix caracas ve1 ve usda foreign service global agriculture information network template version 2 08 page 10 unclassified i overview its