Trade Mission Brings In $40 Million for Local Businesses

Costa Rican businesses made deals worth $40 million at the 11th Buyer’s Trade Mission last week, according to the Foreign Trade Promotion Office (PROCOMER), which staged the event at the Ramada Plaza Herradura Hotel in San José.

PROCOMER said this total represents twice as much as originally anticipated.

“It is an honor to have surpassed our goal for the mission,” said Emmanuel Hess, general manager of PROCOMER. “To be able to create new relationships and bring in such a diverse range of markets is a great accomplishment in times when we are hoping for economic reactivation.”

According to the promotion office, interested companies showed increased interest in establishing relationships with businesses committed to sound ecological and conservation practices. Companies interested in “green” practices hailed from Canada, Trinidad and Tobago and Europe.

Of the estimated $40 million worth in business agreements for the week, more than $17 million will go towards exports and trade in food and food services, more than $13 million in agricultural exports and more than $9 million in industrial exports.

During the four-day event, 254 Costa Rican exporters from small and medium enterprises met with 201 different international buyers from 29 different countries.

–Adam Williams