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Commercial Deficit Decreases 11.3% During First Semester

Costa Rica reported a commercial deficit of $1.3 billion during the first half of 2007, 11.3% less than the $1.5 billion deficit registered during the same period last year.

According to the Central Bank, Costa Rica exported $4.7 billion worth of goods and imported $6 billion during this period.

Exports increased from the $4 billion registered during the first half of last year.

Imports also grew from $5.5 billion during the first six months of 2006 to $6 billion this year.

Costa Rica closed out 2006 with a commercial deficit of $3.3 billion, 18.8% more than the $2.7 billion registered during 2005.

 

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