Wednesday 22 September 2021

Costa Rica Exports Stagnant for 2014 Q1

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Costa Rica’s exports registered virtually no change in the first quarter of 2014 over the same period last year, according to official figures.

0001CVFigure from the Promotora de Comercio Exterior (Procomer) – Foreign Trade Promoter – indicate that in Q1 of 2014 exports rached ¢2.825 billion colones, a drop of 0.4% from the ¢2.836 billion in the same period in 2013.

“The latest data shows a growth in industrial and agricultural products sector, particularly in the manufacturing subsector with highlighted growth in medical devices (8.9% rise), which represents 21.5% of exports”, said Procomer CEO, Jorge Sequeira.

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For her part, the ministra de Comercio Exterior (Minister of Foreign Trade), Anabel Gonzalez said in the bulleting that “efforts to link to Costa Rica with new markets are already discernible”.

Gonzalez said in the bulletin, Costa Rica has increased exports to Holland (7.9%), which is Costa Rica’s the port of entry to the European Union; and members of the Pacific Alliance: Mexico (10%), Colombia (16%), Chile (45%) and Peru (19%).

Exports from Costa Rica totalled US$11.4 billion dollars in 2013, a 1.4% increase over 2012.

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