No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFifty Companies Export 60% of Country’s Total

Fifty Companies Export 60% of Country’s Total

FIFTY companies account for 60% of the country’s export total, while the remaining 40% is in the hands of 1,728 businesses, according to the weekly El Financiero.The 50 companies exported almost $3 billion during the first eight months of 2005, while their total sales amounted to more than $4 billion, El Financiero reported. Intel Components Costa Rica, the national representative of the worldwide Intel high-tech corporation, heads the list of the country’s leading exporters, followed by Abbott Hospitals of Costa Rica, dedicated to assembling hospital equipment.The third company is Baxter, which also produces medical equipment, followed by pineapple exporter Del Monte Agricultural Development Corporation. Although the export sector is the most dynamic in Costa Rica’s economy, it remains a target of criticism for those who consider that its contribution to the country’s development is insufficient, El Financiero reported.The Foreign Trade Ministry (COMEX) has projected exports of $7 billion this year.

Trending Now

Costa Rica Pushes USA to the Brink but Falls in Penalty Heartbreak

If you just caught the end of the USA vs. Costa Rica Gold Cup quarterfinal, you probably feel like you need another cup of...

El Salvador Slams Paris Fashion Show Inspired by Cecot Mega-Prison Inmates

The president of El Salvador, Nayib Bukele, joked on Saturday that he could send inmates from his mega-prison to France, after they were represented...

Protests Rise Over Panama Canal’s New Water Project

Panama’s President José Raúl Mulino on Tuesday defended the construction of a new reservoir for the interoceanic canal and criticized those who oppose the...

Costa Rica Identified as Key Maritime Route for Cocaine Trafficking

Costa Rica appears among the main maritime and aerial routes for cocaine trafficking between South and North America, according to the World Drug Report 2025 published...

2025 Gold Cup: Honduras Advances After Dramatic Shootout, Mexico Ends Goal Drought

Honduras, with a surprising and dramatic penalty shootout victory over Panama, and Mexico, with a lackluster win against Saudi Arabia, advanced Saturday to the...

Guatemala Makes History as They Face USA in Gold Cup Semifinal Showdown

Desperate to show progress under Mauricio Pochettino, the United States is looking to secure a return to the CONCACAF Gold Cup final on Wednesday...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica