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On July 6, the Government of Costa Rica published a draft executive decree that would dramatically reduce tariffs on imported milled and rough rice. The vast majority of U.S. rice exported to Costa Rica in 2021 (valued at $25 million) entered under a duty free quota for rough rice established by the Dominican Republic-Central America Free Trade Agreement.
From January-October 2020, U.S. agricultural and related products exports to Costa Rica reached $591 million.
Costa Rica’s orange production is forecast to decline to 285,000 metric tons (MT) in Marketing Year (MY) 2020/2021.
In 2019, U.S. agricultural and related products exports to Costa Rica reached $723 million.