Costa Rica: Food Processing Ingredients
Link to report:
The Covid-19 pandemic resulted in the largest economic contraction in Costa Rica since 1982, decimating the country’s tourism sector, which accounts for 8 percent of GDP. Despite this economic contraction, U.S. agricultural exports of $732 million in 2020 stayed about the same as the prior year. Consumer-oriented products represent 40% of the total exports. The food processing industry is expected to continue to grow, however, there is increased competition from Guatemala, Nicaragua, Mexico, and South America.
