Monday, 30 November 2020

Costa Rica 2014: Industrial Exports Down 4%

industriasQCOSTARICA – Foreign sales of electronics and the electrical sector fell by 19%, 3.6% in the food industry, 2.4% in the chemical and pharmaceutical industry, 9.2% in textiles, 7% in paper and cardboard, and 1.8% in rubber.

At the end of 2014 exports from the industrial sector amounted to $8.389 million representing $382 million less than in 2013, when revenues were $8.771 billion. However, the marketing of medical devices contributed more than $287 million in 2013, offsetting the fall in other areas.

The executive director of the Chamber of Industries of Costa Rica, Francisco Gamboa told that “… Another aspect of the results of exports concerning the industrial sector is the drop in sales to Central America and government authorities need to take this into account in defining policies so that small and medium enterprises can promote themselves more.”

- Advertisement -

For his part, President of the Board of Foreign Trade Promotion Office, Alexander Mora, added “… It could take until 2016 for the industrial sector to recover its dynamism, after having suffered the exit of Intel in 2014 . ”


- Advertisement -
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Ghost lodging: the new way to scam families on vacation

QCOSTARICA - If it seems better than expected, the ads for...

Government makes clear its disinterest in regulating Uber

QCOSTARICA - The government of Carlos Alvarado has no intention of...


minimize the risks of contagion of covid-19 this end of the year

QCOSTARICA - You cannot cover the sun with one finger and look the other way: there will be get-togethers and parties this end of...

Low-cost airline Wingo resumes flights between Bogotá and San José de Costa Rica

QCOSTARICA TRAVEL - Wingo, the Colombian-flag low-cost airline, announced that it will resume its direct flights between Bogotá (BOG) and San José (SJO), with...

Aresep prepares a rate to allow households to pre-pay for electricity

QCOSTARICA - The Regulatory Authority of Public Services (Aresep) announced this Wednesday that it plans to introduce prepaid electricity applicable to the residential sector. With...

Conduct These Three Internal Analyses To Select The Right Edtech Tool

Using edtech tools has almost become a necessity. Modern learning styles need the support of technology in order to deliver impactful learning to students. This...

Son planned the murder of his mother to collect ¢1 million life insurance

QCOSTARICA - A 20-year-old man was arrested this Wednesday on suspicion of planning the murder of his mother to collect a life insurance policy...

Ghost lodging: the new way to scam families on vacation

QCOSTARICA - If it seems better than expected, the ads for beach houses, with private pools, perfect for families who want to take a...

Let's Keep This Going!

To be updated with all the latest news and information about Costa Rica and Latin America.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.