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# Venezuela

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Learn More								U.S. Relationship																									These are excerpts from the U.S. Relations With Venezuela																			-  												U.S.-Venezuela Relations											 
-  												U.S. Assistance to Venezuela											 
-  												Bilateral Economic Relations											 
													U.S.-Venezuela Relations													The United States established diplomatic relations with Venezuela in 1835.  While the U.S.-Venezuelan bilateral relationship has been strained in recent years, the United States maintains a strong and respectful relationship with the Venezuelan people.  The United States supports an inclusive dialogue process and the restoration of democracy in Venezuela through inclusive and competitive elections, and a return toThe United States established diplomatic relations with Venezuela in 1835.  While the U.S.-Venezuelan bilateral relationship has been strained in recent years, the United States maintains a strong and respectful relationship with the Venezuelan people.  The United States supports an inclusive dialogue process and the restoration of democracy in Venezuela through inclusive and competitive elections, and a return to economic stability and security.  The United States welcomed the October 2023 signing of an electoral roadmap agreement between the Unitary Platform and representatives of Nicolás Maduro that commits both parties to carrying out fair and competitive elections in the second half of 2024.  This is a concrete step toward the resolution of Venezuela’s political, economic, and humanitarian crisis.Collapse U.S.-Venezuela Relations															Read more about U.S.-Venezuela Relations																												U.S. Assistance to Venezuela													The United States provides humanitarian assistance to Venezuelans affected by the severe lack of access to food, healthcare, clean water, and income opportunities for millions of people.  The United States also provides development assistance to Venezuela to support the defense of human rights, the promotion of civil society and independent media, the strengthening of democratic institutions, and the deploymentThe United States provides humanitarian assistance to Venezuelans affected by the severe lack of access to food, healthcare, clean water, and income opportunities for millions of people.  The United States also provides development assistance to Venezuela to support the defense of human rights, the promotion of civil society and independent media, the strengthening of democratic institutions, and the deployment of health services for vulnerable populations.  Venezuela is currently subject to certain restrictions on U.S. foreign assistance.Collapse U.S. Assistance to Venezuela															Read more about U.S. Assistance to Venezuela																												Bilateral Economic Relations													The United States is one of Venezuela’s largest trading partners.  In 2022, the Venezuelan economy expanded for the first time since 2015, experiencing eight percent growth, in part due to tacit economic liberalization, informal dollarization, and reduced inflation as well as a more significant role by Venezuela’s private sector.  U.S. goods and services trade with Venezuela increased 19The United States is one of Venezuela’s largest trading partners.  In 2022, the Venezuelan economy expanded for the first time since 2015, experiencing eight percent growth, in part due to tacit economic liberalization, informal dollarization, and reduced inflation as well as a more significant role by Venezuela’s private sector.  U.S. goods and services trade with Venezuela increased 19 percent year-over-year in 2022 to reach $4.3 billion, with exports of $3.8 billion and imports of $504 million.  U.S. agricultural exports to Venezuela totaled $741 million in 2022, a 17 percent increase from 2021, while Venezuela’s agricultural exports to the United States rose 20 percent to reach $200 million over the same period.  The United States is Venezuela’s second largest agricultural exporter behind Brazil.  Other leading goods exports from the United States to Venezuela include electronic equipment and machinery, while the primary U.S. services exports are in the travel, personal, cultural, and recreational services, and transportation sectors.  U.S. foreign direct investment in Venezuela increased 5 percent in 2022 to reach $3.2 billion, concentrated in manufacturing, nonbank holding companies, and wholesale trade.  Collapse Bilateral Economic Relations															Read more about Bilateral Economic Relations															Integrated Country Strategies
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View all Department Reports and Publications
HighlightsMarch 28, 2024
Department Press Briefing – March 28, 2024
March 27, 2024
Opposition Candidate Registration for Venezuela’s Presidential Election
March 22, 2024
Unjustified Arrests of Venezuelan Democratic Opposition
February 29, 2024
Caracas, Venezuela: Escuela Campo Alegre: 2024 Special Needs Profile
January 30, 2024
Department Press Briefing – January 30, 2024
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