No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeTopicsBusinessCosta Rican exports up 2.2 percent in last year

Costa Rican exports up 2.2 percent in last year

A Foreign Trade Promotion Office (PROCOMER) report released Monday shows that Costa Rican exports totaled $11.5 billion in the last 12 months, representing an increase of 2.2 percent.

The report also states that sales of goods for the first quarter of 2014 accounted for $2.8 billion. Of that amount, $1.3 billion corresponded to traditional production sectors, and the remaining amount was a result of exports from free trade zone industries.

Frozen fruit, milk, yuca and medical supplies showed the most significant increases during the first quarter of this year. Agricultural exports, however, dropped, mostly due to a 28.5 percent decrease in coffee sales.

“PROCOMER has made significant efforts to increase and diversify Costa Rican exports, which has allowed us to sell abroad more than 4,400 products last year, particularly in the manufacturing sub-sector,” PROCOMER General Manager Jorge Sequeira said.

The main market for Tico products is North America with 42.1 percent of total sales, followed by the European Union at 18.6 percent, Central America at 13.9 percent and Asia at 12.6 percent.

The PROCOMER report includes export data from April 2013 to March 2014.

Popular Articles

Costa Rica President’s State of Nation Address Sparks Controversy

Costa Rican President Rodrigo Chaves delivered his third State of the Nation Address to the Legislative Assembly, employing an unconventional approach that blended multimedia...

Costa Rica’s Security Crisis Threatens Tourism in Key Destinations

A report prepared by the Legislative Assembly, cited by local media outlet El Observador last week, concluded that rising insecurity in Costa Rica is...

Ex-Soldier Captured in Panama for Decades-Old Killing

Panamanian police on Friday arrested a former soldier who had been a fugitive since 1994 for the murder of a Colombian priest in the...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait

Latest Articles