Almost Half of Costa Rican Exports Are High Tech

October 23, 2009

Costa Rica exports the fourth highest percentage of high-tech products in the world, according to a study released this week by the Costa Rican Investment Board (CINDE).

CINDE used information from a recent World Bank study of development indicators to create the rankings. Of all the products and services exported by Costa Rica, 46 percent are high-tech products, such as computer chips. Only the Philippines, Malaysia and Singapore export a higher percentage of these products than does Costa Rica.

“We looked at the high-tech exports of all the countries, including medical equipment and technology and computer software products and compiled all the data,” said Andrea Centeno, communications manager at CINDE. “We found that if we ranked the high-tech exports, Costa Rica has the fourth highest percentage.”

Intel Pentium microprocessors account for the bulk of the 46 percent high-tech exports. In 2008, Intel’s export of more than 86 million microchips bought in more than $2 billion. Microchip exports in 2009, thus far, have grossed $1.3 billion.

“Bringing Intel to Costa Rica has changed the way this country exports,” said Emmanuel Hess, general manager of the Foreign Trade Promotion Office (PROCOMER), told The Tico Times. “Over the last 10 years our top exports went from banana and pineapples to integrated services and medical supplies.”

Sales of Intel chips accounted for nearly 5 percent of the gross domestic product in 2008.

–Adam Williams

 

Facebook Comments

You may be interested

International drug rehab in Costa Rica with the Costa Rica Treatment Center
Sponsored content
6 views
Sponsored content
6 views

International drug rehab in Costa Rica with the Costa Rica Treatment Center

The Tico Times - April 24, 2019

Costa Rica Treatment Center understands the process of addiction recovery from personal experience. Their evidence-based treatment programs are engineered to…

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights
Costa Rica
9 views
Costa Rica
9 views

Costa Rica meets with Inter-American Commission on Human Rights to discuss Nicaragua, Venezuela, indigenous rights

Alejandro Zúñiga - April 23, 2019

Costa Rica’s Minister of Foreign Affairs, Manuel Ventura Robles, met with the Inter-American Commission on Human Rights (IACHR) this week…

Freed Nicaraguan prisoner tells of torture
Central America
52 views
Central America
52 views

Freed Nicaraguan prisoner tells of torture

AFP - April 23, 2019

One Nicaraguan guard pinned his hand to a table with his knee while another ripped out a nail with a…

Do NOT follow this link or you will be banned from the site!