Healthcare Opportunities in Venezuela

Venezuela is the 6th largest and the 6th most populous country in Latin America.

Around 47% of Venezuela’s population of 29 million are under the age of 25 and almost 90% live in urban areas. 3.2 million people live in Caracas, the capital city. Healthcare expenditure in 2011 was estimated at US$ 14 billion.

Venezuela has the 4th largest economy in Latin America. The oil and gas industry dominates and accounts for 30% of GDP and almost 90% of export value. Long-term oil wealth and poor economic diversification mean that Venezuela imports around 70% of its needs.

Our report provides an overview of the market including:

• opportunities for UK suppliers

• major events and activities

• UKTI contacts

Further research

Research is critical when considering new markets. UKTI provides market research services which can help UK companies doing business overseas including:

• Overseas Market Introduction Service (OMIS). Bespoke research into potential markets, and support during your visits overseas.

• Export Marketing Research Scheme. This service is administered by the British chambers of Commerce on behalf of UKTI

Contact your local International Trade Advisor if you are interested in accessing these services, or for general advice in developing your export strategy.