No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rican exports increase by 3.5 percent in first quarter

Costa Rican exports increase by 3.5 percent in first quarter

Costa Rica exports of goods during the first quarter of 2013 slightly surpassed $3 billion, which is 3.5 percent more than that recorded for the same period last year, when the figure reached almost $2.9 billion, the Foreign Trade Ministry said on Monday.

Trade Minister Anabel González said in a press release that “the international economic situation is not the best,” and Costa Rica should keep looking for new markets in Latin America and Asia.

“We must take advantage of opportunities in regions and countries where we have established a trade platform, and where growth rates are more robust, such as those in Asia, Perú, Chile and Colombia,” González said.

The report indicates that Intel microprocessors lead the numbers with $776.9 million in export revenue, an increase of 24.8 percent compared to the first quarter of 2012.

North America – primarily the United States – is the main destination of Costa Rican exports with a share of $1.3 billion, followed by the European Union with $583.4 million and Asia with $427.8 million.

In 2012, Costa Rican exports totaled $11.2 billion, an increase of 9 percent compared to the figures recorded in 2011.

Trending Now

El Salvador Hands Down Sentences of Up to 300 Years

A court in El Salvador sentenced 39 members of a criminal gang to prison terms of up to 300 years for murder and multiple...

Mexico Announces Plan for 100,000 Security Personnel at World Cup

Mexico announced Friday it will station nearly 100,000 police, soldiers and private security guards across its three World Cup host cities to protect fans...

Nations Revive Plastic Treaty Hopes After Tokyo Talks Signal Progress

Delegates from key nations wrapped up three days of informal discussions in Tokyo on Tuesday, describing the sessions as constructive steps toward reviving a...

Inside Venezuela’s Bull Tailing Culture in the Llanos

When the bull bolts out into the ring, a mad scramble begins as the riders vie to grab its tail and knock it to...

Celso Gamboa Admits He Met DEA Undercover Agents and Informants

Former Public Security Minister and Supreme Court magistrate Celso Gamboa Sánchez admitted he held at least two meetings with undercover agents and DEA informants....

U.S. Embassy in Costa Rica Starts WhatsApp Channel

The U.S. Embassy in San José has established a dedicated WhatsApp channel to provide U.S. citizens with timely safety and security information while in...
L. Arias
L. Arias
Reporter | The Tico Times |
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica