Microprocessor manufacturer Intel announced Monday the opening of its Client Computing Group in Costa Rica, a new business unit dedicated to developing tablets and PCs.
Exports of goods from Costa Rica during the first nine months of 2015 rose 2.3 percent compared with the same period of 2014 -- if adjusted for the infamous "Intel effect."
Tico coffee, a specific candy or a cookie brand: These are some of the Costa Rican products that Ticos living abroad frequently request from relatives or friends. So the Foreign Trade Promotion Office is using that loyalty to promote the opening of new export markets for local products.
Exports to China grew by an annual average of 7.6 percent between 2004 to 2014. Last year exports reached a total of $338.3 million, according to Costa Rica's Foreign Trade Ministry.
Intel's exit from Costa Rica last year continues to be the main factor causing negative growth of export products. Exports of services, however, grew for the fourth consecutive year.
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