Japanese companies are closely monitoring the situation in Venezuela. The supply chain has not been affected yet.

After the United States arrested Venezuelan President Maduro across borders, many large Japanese enterprises related to Venezuela's supply chain are closely monitoring the development of the situation.

The Kyodo News Agency reported that as Japan's trade with Venezuela mainly focuses on areas such as automobiles and cocoa beans, Toyota and other companies are currently intensifying information collection efforts, but have not received reports of any impact on local employees or facilities yet.

According to data from the Japan External Trade Organization (JETRO), Japan's exports to Venezuela increased by 16.1% in 2024, reaching 69.41 million US dollars. Passenger cars, trucks, and auto parts accounted for the largest share. Meanwhile, driven by the active trade of cocoa beans and aluminum materials, Japan's imports from Venezuela rose by 13.9% to 15.47 million US dollars.

Toyota said that it has confirmed the safety of its dispatched employees and their families, and has instructed the relevant employees to stay at home or work remotely.

The Nissin Company, which produces some of its products using Venezuelan cocoa beans, said that since it has ensured sufficient inventory, the supply of raw materials will not be affected for the time being. Nissin added that it will continue to monitor the price of cocoa beans and other related developments.

Furthermore, Itochu Corporation, which imports cocoa beans from Venezuela and exports finished trucks and components to local enterprises, also confirmed that the supply chain has not been affected.