No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveOrange Juice Exports Expected to Double

Orange Juice Exports Expected to Double

IF this year’s export rates continue through the end of the year, orange juice exports could double in quantity and dollar value compared to last year, the Ministry of Agriculture recently announced.During the first five months of the year, the country’s orange juice exports reached nearly $26 million, as compared to only $41 million for all of 2005. Holland was the principal buyer of Costa Rica’s orange juice, followed closely by the United States.Costa Rica is currently the third largest orange juice provider to the United States, with 6% of the market, trailing Brazil (60%) and Mexico (17%). This means Costa Rica has lost ground from last year, when it was the second largest exporter to the United States.However, this could change by the end of the year if the current price per kilogram for the two principal products exported by Costa Rica – fresh juice in concentrate and frozen juice in concentrate – is maintained, Sergio Hernández, manager of the Ministry’s National Citrus Program, said in a statement.Approximately 4,000 jobs are directly tied to the orange juice and concentrate industry here, with 5,000 indirect jobs.

Trending Now

Costa Rica Becomes a Migration Hub for U.S. Deportations Again

Costa Rica has signed a new agreement with the United States that could make the Central American nation a regular stopover for migrants being...

Costa Rica Tourism Chamber Calls for Central Bank Rate Cuts

The National Chamber of Tourism pressed the Central Bank of Costa Rica to lower its policy rate as the industry struggles with competitiveness. Canatur...

Guatemalan Court Halts Construction of Maximum-Security Prison

A Guatemalan appeals court provisionally suspended construction of the El Triunfo maximum-security prison on Saturday, one day after President Bernardo Arévalo laid the first...

Jeff Bezos’s Super Yacht Koru Sails Through Costa Rica Waters

One of the world’s most recognizable private yachts has made an appearance off Costa Rica’s Pacific coast. Koru, the giant sailing yacht tied to...

500 Prisoners Die in El Salvador Custody During Bukele Anti-Gang Crackdown

A Salvadoran human rights organization says at least 500 people have died in state custody since President Nayib Bukele launched his anti-gang offensive four...

Monteverde Reserve Caps Daily Visitors with Online Timed Entry System

Monteverde Cloud Forest Preserve now requires visitors to book timed-entry tickets through a new reservation system. The change took effect to limit daily numbers...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica