May 28, 2025
Impact of the New U.S. Tariff Regime on Costa Rican Exports
In April 2025, the United States government expanded its tariff regime, applying a base tax of 10% to imports from all countries , including Costa Rica. This measure immediately increases the costs of entering the U.S. market , significantly impacting key sectors such as:
Medical devices
Electronic parts
Selected agricultural products
Although the CAFTA-DR Free Trade Agreement remains in effect, these new tariffs are being applied under "economic security" exceptions, creating uncertainty among Costa Rican exporters.
Global Context: Lower Chinese Demand and New Opportunities
At the macroeconomic level, China has reduced its demand for Latin American products due to its own slowdown and changes in its logistics chains. This affects Costa Rican sectors that were strengthening their relations with the Chinese market, such as:
Costa Rican Coffee
Tropical fruits
Specialized services
However, it's not all bad news . The global trend of friendshoring —companies relocating operations outside of China to avoid tariff overcharges—has made Costa Rica an attractive destination thanks to its:
Legal security
Political stability
Network of trade agreements
This has opened up new opportunities for foreign direct investment (FDI) , especially in sectors such as:
Light manufacturing
Technology
Shared services
Strategic Recommendations for Companies in Costa Rica
In this new international environment, it is crucial for Costa Rican companies to diversify their markets , monitor commercial risks , and strengthen their operational capabilities . Some key actions include:
U.S. Tariff Review
Check whether exported products are subject to new 10% tariffs .
Request an updated analysis of tariffs and logistics costs from customs brokers or distributors at the destination, including for products covered by CAFTA-DR .
Exploring Relocation Opportunities
Companies with manufacturing or service operations must position themselves to foreign companies interested in relocating their production outside of Asia.
Highlight the competitive advantage of operating from Costa Rica .
Strengthening Risk Strategies
Increase monitoring of geopolitical risks .
Adjust the strategic planning of international markets .
Final Reflection
The trade war between the world's two largest economies is no longer a distant topic for Costa Rica. Companies must adapt proactively , making informed decisions to protect their competitiveness and take advantage of the opportunities emerging in this new global scenario.