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Costa Rica Banana Exports Fall 9%

Due to the effect of climatic phenomena at the beginning of the year, in the first five months of 2018, banana sales abroad amounted to US$410 million, 9% less than was reported in the same period in 2017. According to data from the Foreign Trade...

How Costa Rica is Quietly Building a Case for Cryptocurrency Development

In recent months, the hype surrounding cryptocurrency and Bitcoin has exploded on a global scale, with mainstream media trickling information into the mass market and creating a culture of FOMO (fear of missing out). This FOMO is pushing companies to jump on the hype train...

Costa Rica Craft Brewers Plan To Export To The United States

A group of Costa Rican craft beer (cerveza artesanal) producers has been working on creating a cluster, in conjunction with the Foreign Trade Promoter, the Promotora de Comercio Exterior de Costa Rica (Procomer), to export their proudcts to new markets. Initially aimed at the United...

Medical Device Companies Give Life To A New Consortium In Costa Rica

It is estimated that this year the exports of medical devices - mainly industrial export from Costa Rica - will reach US$3 billion dollars, an increase of 22% over last year. This growth prompted ten companies medical device manufacturing and exporting companies to join forces...

Costa Rica Businesses Offer Their Products On Amazon

Eighty Costa Rican companies have already integrated into Amazon's online sales, through a program coordinated by the Foreign Trade Promoter (Procomer) to sell their products in the United States. Of those companies, at least 40 have already made sales, said Laura Quesada, Procomer's export promoter...

Costa Rica’s Agroexports Keep Slight Advantage Over Medical Devices

QCR BUSINESS - The value of exports from the agricultural sector remains slightly as the main generator of foreign exchange in the country, despite strong growth in the last four years in the value of sales of precision and medical equipment. In the first half...

Costa Rica Ships 1st Cargo Of Pineapples to China

Q COSTA RICA - The first shipment of Costa Rica's pineapples left the Pacific port of Caldera, in Puntarenas, for Shanghai, as part of Costa Rica's initial efforts to explore the Chinese tropical fruit market. "This first shipment of pineapples to China marks a milestone...

Costa Rica’s Fruits Exports Beyond Pineapples And Bananas

Costa Rica has embarked on an export diversification strategy to take advantage of the surge in international demand for exotic fruits and vegetables. During a visit by president Luis Guillermo Solís to London this week, Pedro Beirute, CEO of trade promotion agency Procomer (Promotora de...

Information Technology Services Outperforms Tourism

(QCOSTARICA) Sales of technology services is outperforming tourism, due to the increasing demand for Costa Rican products. According to the annual report by the Costa Rican Chamber of Information and Communication Technologies (Cámara de Tecnología de Información y Comunicación - CAMTIC), annual exports, excluding components,...

Bad Weather Cause Of Drop In Banana and Pineapple Exports

(QCOSTARICA) -- The gross volume of banana exports fell 13%, while pineapple exports are down 15% in the first trimester of the year compared to the same period in 2014. The decline reflected in the data provided by the Promotora del Comercio Exterior (Procomer) -...

CINDE Recognized As Best Agency to Attract Investment in Latin America by Site Selection

  (QCOSTARICA) The Costa Rican investment promotion agency, CINDE, that woos multinational companies to settle in this country has earned an award from Site Selection Magazine as best in the region for attracting business to Costa Rica. The hard-working agency has for decades wooed dozens of...

Medical Devices Keep Up Momentum in Costa Rica

QCOSTARIA - Some 63 foreign companies in Costa Rica operate facilities for manufacturing medical supplies and devices in areas such as neuromodulation, dentistry, cardiovascular, orthopedics and endoscopy. At the end of 2014 exports of medical devices totaled US$1.9 billion, ie 19% more than reported in...

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