No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePalmito Exporter Eyes Chilean Market

Palmito Exporter Eyes Chilean Market

COSTA Rican heart-of-palm(palmito) exporter Demasa says it’s readyto again earn a place in the hearts ofChilean consumers.Demasa is confident lower tariffs as aresult of the Costa Rica-Chile Free-TradeAgreement and higher international heart-of-palm prices will enable the company toconquer 50% of the Chilean market withinthe next five years.Chile is one of the world’s top fiveconsumers of heart of palm. Last year itimported 160,000 crates of the product.Demasa resumed heart-of-palmexports to Chile last year after a five-yearabsence. Last year, the company senteight containers to Chile. This year itplans to send 20 containers.Costa Rican heart-of-palm exportshave been suffering since 1998 – the yearEcuador started exporting the product.High tariffs, Ecuador’s proximity to Chileand low international prices drove CostaRican heart-of-palm exporters out of theChilean market.The situation has changed, accordingto Philippe Balayer, sales manager forDemasa.“The prices have evened out, theincrease in trade between both countrieshas improved transportation conditionsand there is no longer a tariff on ourexports,” Balayer explained.Last year, Costa Rican heart-of-palmexports totaled $20.9 million. Costa Ricaexported $22,935 worth of heart-of-palmto Chile in 2003, down from $134,188 in2002.

Trending Now

Costa Rica Assembly Races the Clock on Sanction Against Fabricio Alvarado

The sexual harassment case that has dominated the final weeks of Costa Rica's Legislative Assembly reached its final stage on Friday, though with an...

Costa Rica to Add Nearly 1500 Hotel Rooms in Major Tourism Expansion

Costa Rica’s hotel market is preparing for another wave of growth, with the Costa Rican Tourism Institute confirming 17 new tourism projects tied mainly...

Ortega says Trump has a mental breakdown over war in the Middle East

Nicaraguan President Daniel Ortega said Monday that U.S. President Donald Trump is suffering from a mental breakdown after launching, alongside Israel, the war in...

Costa Rica Sees Increase in Reckless Driving Cases on Major Highways

Costa Rican prosecutors are warning about a rise in reckless driving on some of our country’s busiest roads, saying the pattern is feeding more...

Honduran Police Fire Tear Gas at Protesting Students

Honduran riot police fired tear gas Monday at students protesting a proposed cut to the budget of the National Autonomous University of Honduras. About...

Costa Rica Lands Two Spots on Travel + Leisure’s 2026 Best New Hotels List

Two Costa Rican properties have earned spots on Travel + Leisure magazine's 2026 It List of the world's 100 best new hotels. The publication...
Avatar
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel