Australia & Costa Rica: Australia gains market access for barley exports to Costa Rica
On 28 February 2022, the Australian Government confirmed Australia has market access for barley exports to Costa Rica. This does not include malt exports, Austrade reported on May 19.
New market access, growing demand and improved business links led to an annual rise of 829% in Australian barley and malt exports to the Latin American region in 2021, according to ABS statistics. This included the first shipment of Australian barley to Mexico in January 2021.
Costa Rica is a small barley market. However, growth in imports since 2019 indicates demand is growing. In 2020, Costa Rica imported $54,000 of barley and $15.2 million of malt. Canada, the United States and Spain supplied all barley imports. The European Union and Argentina supplied most malt imports (Source: UNComtrade 2022).
In 2021, the value of Australian barley (including malt) exports to the world was a record A$3.1 billion. This was up 182% on 2020 (Source: ABS 2022).
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