No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rica registers 7.7 percent growth in service-sector exports

Costa Rica registers 7.7 percent growth in service-sector exports

Costa Rican services exports during the first half of 2013 totaled $2.9 billion, an increase of 7.7 percent over the same period in 2012, the Foreign Trade Ministry (COMEX) reported.

According to the agency, exports of computer services and business services are driving the numbers with figures of $892 million and $414 million, respectively.

“The successful attraction of Foreign Direct Investment (FDI) has consolidated these solid figures for Costa Rican services exports,” the COMEX report stated.

Together these two sectors generated revenues of some $1.3 billion, or 44.6 percent of total service-sector exports in the first six months of 2013.

Services accounted for 33.7 percent of Costa Rica’s total exports during the first half of the year.

“These results are a sign of dynamism and sophistication of our exports, directly linked with our efforts to attract foreign investment,” Foreign Trade Minister Anabel González said.

Central Bank data show that FDI for the first half of 2013 totaled $1.3 billion, which is 15.4 percent more than during the first half of last year.

Positive FDI figures were boosted mainly by a 97 percent growth in real estate investment and by a 5 percent increase in the manufacture sectors of biotechnology, textiles and paper, the report said.

Trending Now

Costa Rica Stops 4 Panama Gang Suspects at Border

Four men linked by Costa Rican intelligence to Panamanian groups involved in drug trafficking and contract killing were stopped Saturday as they tried to...

Costa Rica Airport Introduces Faster Biometric Immigration Checks

If you are flying through Juan Santamaría International Airport on a Costa Rican passport, you can now clear immigration without talking to an officer....

Road Closures Start Monday for Costa Rica’s Independence Holiday

If you are driving anywhere in the Central Valley on Monday afternoon or Tuesday morning, add time. Costa Rica marks 205 years of independence...

Costa Rica Whisky Fest Returns Today with Tastings, Jazz and a Bit of History

Whisky may not be the first drink associated with Costa Rican culture, but a growing community of collectors, curious beginners and serious enthusiasts is...

Panama Canal May Restrict Ship Traffic as El Niño Worsens

Panama Canal administrator Ilya Espino de Marotta says further cuts to daily ship transits remain possible as El Niño worsens drought and strains water supplies.

Legislator faces harassment complaint from adviser in his own office

A complaint against a governing party legislator is under review for alleged predatory harassment. Whether it reaches a court is now the Assembly's call.

Route 1 at Cambronero Closed for up to Two Months After Bridge Damage

If your drive west runs through Cambronero, plan on going another way for a while. The Ministry of Public Works and Transport says the...

Costa Rica Begins Major Bridge Replacement on San José Beltway

Work has begun on a new bridge over the Torres River along Circunvalación, starting a yearlong project that will eventually expand this busy section...

El Niño Hits Very Strong Intensity and Could Last Until June 2027

El Niño has reached very strong intensity and could last until June 2027, covering Costa Rica's entire dry season.
L. Arias
L. Arias
Reporter | The Tico Times |
🌴 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