No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rican exports up 16 percent in first quarter

Costa Rican exports up 16 percent in first quarter

Costa Rica exported $2.9 billion worth of goods during the first quarter of 2012, an increase of $403 million – or 16 percent – compared to the same period in 2011, according to the Foreign Trade Promotion Office (PROCOMER). March exports exceeded $1 billion, an increase of 11.6 percent over the previous year.

Costa Rica’s main trading partners are North America (41.9 percent), the European Union (18.8 percent), Central America (13.9 percent) and Asia (13.5 percent).

PROCOMER also noted that exports from Costa Rica’s free zones are largely responsible for the quarterly increase, as the sector grew by 22.6 percent, from $1.2 billion to $1.5 billion during the first three months of 2012.

“These quarterly growth rates are the highest since the third quarter of 2006,” Foreign Trade Vice Minister Fernando Ocampo said.

Trending Now

Costa Rica announces gradual ban on bee-killing pesticide used by farmers

Costa Rica will phase out the insecticide fipronil over two years to cut risks to bees and the environment while limiting disruption to farmers....

What Costa Rica Taught Me About Loving a Reliable Truck

I love my truck more than you love your vehicle. I’m not a car guy. I never have been. I always owned used vehicles...

Christina Aguilera explores Costa Rica’s La Paz Waterfall Gardens

The American pop star headlined the second night of the PICNIC Festival in Heredia on Saturday, March 21. She delivered a set of her...

Costa Rica Faces Oil Shock Reversal After Months of Deflation

Costa Rica entered 2026 with an economy that combined strong growth and persistent deflation, a combination economists describe as unusual. Headline inflation reached -2.7...

Venezuela’s Maduro Breaks Silence From Brooklyn Prison After US Arrest

Deposed Venezuelan president Nicolás Maduro said he is doing well in a message published Saturday on social media, the first since he was captured...

Costa Rica President Elect Laura Fernández Backs US Migration Deal

President-elect Laura Fernández defended Costa Rica’s new migration agreement with the United States on Tuesday, arguing that the deal gives the country flexibility while...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica