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

U.S. Warns of Military Risks in Mexico and Central America Airspace

The United States Federal Aviation Administration (FAA) issued a series of safety warnings on Friday for airspace over Mexico and Central America. The alerts...

Gang Riots Erupt in Guatemala Prisons Over Transfer of Leaders

Gang groups rioted on Saturday in several Guatemalan prisons, where they have been protesting since 2025 over the transfer of their leaders to a...

4.5 Magnitude Quake Shakes San José

A 4.5 magnitude earthquake struck the capital and surrounding areas causing residents to feel a strong shake but resulting in no reported injuries or...

Costa Ricans Honor Community Roots at the Palmares Festival

The Fiestas de Palmares 2026 began yesterday with a parade through the streets and the opening of the PalmarINK art gallery. Thousands gathered for...

Costa Rica to Introduce Advanced Blood Test for Early Detection of Cancer

In 2026, Costa Rica will finally gain access to one of the world’s most advanced medical technologies. one capable of simultaneously detecting nine types...

Costa Rican Activist Stella Chinchilla Denies Role in Alleged Assassination Plot

Stella Chinchilla Mora, a vocal critic of the Costa Rican government, faces accusations of orchestrating a plot to assassinate President Rodrigo Chaves. The 62-year-old...
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