Venezuela’s imports plummeted by more than 45 percent between January and August when compared to the same period in 2015, according to a Nov. 15 report from Torino Capital LLC. The country relies heavily on imports, and the report corroborates news of widespread shortages of basic goods throughout the country. Notably, the drop in imports has shown little sign of letting up throughout 2016. Venezuela is mired in worsening socioeconomic turmoil . Stratfor provides global awareness and guidance to individuals, governments and businesses around the world. We use a unique, intel-based approach to analyze world affairs. Copyright © 2016 Stratfor Global Intelligence, All rights reserved. Our mailing address is: P.O. Box 92529 – Austin, Texas 78709-2529, USA unsubscribe from this list update subscription preferences | forward email