No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rica trade deficit in early months down 62 percent over last...

Costa Rica trade deficit in early months down 62 percent over last year

Costa Rica registered a trade deficit of $363 million in the first two months of 2009, down 62 percent from the same period last year, the Central Bank (BCCR) announced Saturday.

The drop was primarily due to a fall in imports, resulting from the global economic crisis, said the bank.

The country imported $1.7 billion worth of goods in January and February, down from $2.5 billion in those same months in 2008.

Exports were down only 16 percent, from $1.6 billion in 2008 to $1.3 billion this year.

The country closed 2008 with a $5.8 billion trade deficit, a 60 percent increase over the $3.6 billion deficit registered in 2007.

Trending Now

Costa Rica Slides Further in Global Fight Against Organized Crime

Costa Rica has fallen to 58th place out of 193 countries in the 2025 Global Organized Crime Index, a drop of 14 positions from...

Trade Winds Dominate Costa Rica Weather This Holiday Week

Forecasts from the National Meteorological Institute show that strong trade winds will continue to influence much of Costa Rica today and into the coming...

Costa Rica Watches U.S. Capture of Maduro as Regional Concerns Grow

The United States carried out airstrikes on Venezuelan military sites early this morning, leading to the capture of President Nicolás Maduro and his wife,...

How Clay Training Can Limit Latin American Tennis Players on Faster Surfaces

On the tennis courts of San José, young Costa Rican players chase futures shaped by a surface few here know as home. At the...

Wolverine Star Hugh Jackman Back in Costa Rica

Actor Hugh Jackman touched down in Costa Rica over the weekend, heading straight to the Pacific coast for a quiet vacation. The Australian star,...

Beatriz Haddad Maia Carries Brazil’s Hopes into the Australian Open

Beatriz Haddad Maia comes to the Australian Open in January 2026 as Brazil’s clearest singles reference point and one of the few Latin American...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica