No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePalmito Exporter Eyes Chilean Market

Palmito Exporter Eyes Chilean Market

COSTA Rican heart-of-palm(palmito) exporter Demasa says it’s readyto again earn a place in the hearts ofChilean consumers.Demasa is confident lower tariffs as aresult of the Costa Rica-Chile Free-TradeAgreement and higher international heart-of-palm prices will enable the company toconquer 50% of the Chilean market withinthe next five years.Chile is one of the world’s top fiveconsumers of heart of palm. Last year itimported 160,000 crates of the product.Demasa resumed heart-of-palmexports to Chile last year after a five-yearabsence. Last year, the company senteight containers to Chile. This year itplans to send 20 containers.Costa Rican heart-of-palm exportshave been suffering since 1998 – the yearEcuador started exporting the product.High tariffs, Ecuador’s proximity to Chileand low international prices drove CostaRican heart-of-palm exporters out of theChilean market.The situation has changed, accordingto Philippe Balayer, sales manager forDemasa.“The prices have evened out, theincrease in trade between both countrieshas improved transportation conditionsand there is no longer a tariff on ourexports,” Balayer explained.Last year, Costa Rican heart-of-palmexports totaled $20.9 million. Costa Ricaexported $22,935 worth of heart-of-palmto Chile in 2003, down from $134,188 in2002.

Trending Now

Costa Rica Weather Alert: Heavy Rain, Flooding, and Landslides

The National Meteorological Institute (IMN) issued a warning on Thursday about persistent heavy rains and thunderstorms affecting much of Costa Rica.These conditions are the...

Celebrate 128 Years of Costa Rica’s National Theater

The National Theater turns 128 this month, and starting Sunday, October 12, it opens its doors for a week of events that mix music,...

Costa Rica Nominates Rebeca Grynspan for UN Secretary-General Role

Costa Rica has put forward Rebeca Grynspan as its candidate for United Nations secretary-general, a move that highlights the nation's push for stronger Latin...

Guatemala Accepts First Honduran Deportees from US

Guatemala has started accepting deportees from other countries as part of its deal with the United States, with the first group of Hondurans arriving...

Family Beach Day in Costa Rica Exploring Tidepools and Wildlife

My two sons couldn’t be more different. They look completely different. They act completely differently. They eat different foods. They have different interests. This...

Costa Rica Coast Guard Seizes Illegal Gillnets in Protected Refuge

Costa Rican Coast Guard officers pulled nearly a kilometer of illegal gillnets from protected waters in the Barra del Colorado National Wildlife Refuge during...
Avatar
spot_img
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica