Tuesday 6 June 2023

Costa Rica Banana Price Increase Announced

Paying the bills


Chinese tourism seduces Costa Rica

Q COSTA RICA - "China exports tourists in enormous...

It’s now the “White Cross” in Nicaragua

Q24N (EFE) The National Assembly of Nicaragua urgently dissolved...

Panama’s Martinelli running for president while he waits to see if he’ll be convicted of money laundering

Q24N (EFE) Ricardo Martinelli, president of Panama between 2009...

What is the best airline of 2023?

Q TRAVEL (CNN Español) Air New Zealand, whose budget...

Rincón de la Vieja volcano maintains activity

Q COSTA RICA - The Rincón de la Vieja...

What is the blue economy and why is it important for Latin America?

Q REPORTS (BBC Mundo) We are talking about the...

Ortega green lights arrival of military personnel and aircraft from Russia, Cuba, and Venezuela

Q24N (EFE) Daniel Ortega, the president of Nicaragua, has...

Dollar Exchange

¢536.71 BUY

¢544.28 SELL

6 June 2023 - At The Banks - Source: BCCR

Paying the bills


The government of Costa Rica decreed (Decreto Ejecutivo N°42.112-MEIC-MAG-COMEX) that starting January 1, 2020, banana exporters will pay local producers a minimum price of US$8.36 per 18.14 kg box.

The authorized increase will be US$0.67 per box of 18.14 kilos, up from US$7.69 for each package sold abroad, reported the Ministry of Economy, Industry and Commerce (MEIC).

From the MEIC statement:

- Advertisement -

December 18th, 2019. The Government of the Republic decreed an increase in the minimum price of the box of bananas for export that will be in force from January 1st, 2020. The increase will be of USD$0.67 per box of 18.14 kilos, leaving the price at USD$8.36 per box exported.

Executive Decree No. 42,112-MEIC-MAG-COMEX was signed by President Carlos Alvarado and the Ministers of Agriculture and Livestock, Renato Alvarado; Economy, Industry and Trade, Victoria Hernandez; and Foreign Trade, Dyalá Jiménez.

Victoria Hernández Mora, Minister of Economy, Industry and Trade said that “the measure taken by the Executive Branch is adjusted to technical parameters that meet the needs and peculiarities of the sector in terms of costs and production and therefore maintain the country’s competitiveness in the top quality fruit exported by the country.”

- Advertisement -
Paying the bills

Related Articles

Russia and Ukraine conflict complicated Costa Rica banana exports

QCOSTARICA  - The war between Russia and Ukraine complicated Costa Rica's...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

%d bloggers like this: