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

What an Overnight Layover in Panama Really Feels Like

Tocumen International Airport in Panama. My last stop before home. There was an eight-hour layover. A hotel hardly seemed worth it. I had a...

Costa Rican Travelers Get New Global eSIM Option

Costa Rican telecommunications brand kölbi has launched a new Global eSIM service with Airalo, giving travelers a way to buy international data packages before...

Fonseca and Arévalo Keep Latin America Alive at Wimbledon

Latin America’s Wimbledon picture has narrowed quickly, leaving Brazil’s João Fonseca as the region’s clearest singles contender and El Salvador’s Marcelo Arévalo as Central...

Costa Rica Police Warn Drivers Not to Take Cars Onto Beaches

Costa Rica’s Traffic Police are warning drivers not to take cars, motorcycles or ATVs onto the beaches as midyear vacation travel brings more families...

Costa Rica Bill Could Make Some Small Loans More Expensive

A government-backed bill moving through Costa Rica’s Legislative Assembly could make some small consumer loans more expensive by shifting them into a category that...

Costa Rica’s Water Crisis Deepens as AyA Loses Half Its Supply

Costa Rica’s national water utility is under renewed scrutiny after officials warned that more than half of the water produced by the Instituto Costarricense...

Costa Rica Starts Bridge Renovation on Busy Route

Drivers and pedestrians using one of San José’s busiest road corridors face temporary changes Tuesday as renovation work begins on a pedestrian bridge over...

Visiting El Salvador During the August Holiday Week

Anyone planning to visit El Salvador in early August should be ready for one of the busiest holiday periods, when San Salvador’s patron saint...

Paraguay Falls to France as Mbappé Penalty Ends Gritty World Cup Run

Paraguay’s World Cup run ended the hard way Saturday, with La Albirroja pushing France into one of its most uncomfortable matches of the tournament...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel