Pineapple, Tires Exports Lead Overall Increase

July 8, 2005

DURING the first five months of2005, tire exports from Costa Ricaincreased by 61% compared to the sameperiod in 2004. While no other sectorwas as dynamic, the increase marks anoverall upward trend in Costa Ricanexports, Trade Minister ManuelGonzález announced Tuesday.From January through May, exportshave grown by 6.4%, compared to thesame period last year.“This, in economic terms, means thatin the first five months we have exported$170 million more than in the first fivemonths of 2004, amounting to a total of$2.8 billion exported by Costa Rica sofar this year,” González said.The greatest increase has come fromcompanies outside of Costa Rica’s freezones, where companies are partially ortotally exempt from taxes, Gonzálezadded with satisfaction.Exporters outside free zonesincreased their exports by 11.1% in thefirst five months, he said.Exports to the United States amountedto very little of the increase. While thecountry remains Costa Rica’s biggesttrading partner, receiving 45% of itsexports, these exports increased only 1%.The largest increase went to Asia,namely Japan (with a 131% increase)and China (198%), although the regionstill receives a relatively small fraction ofCosta Rican exports. Exports alsoincreased to Nicaragua and Honduras,15% and 14% respectively.In addition to tires, pineapple andflowers have also seen large increases inexports, with 35% and 15% respectively,the minister said.

You may be interested

Adaptive surfing, part III: Riding the waves with Noah
sports
94 views
sports
94 views

Adaptive surfing, part III: Riding the waves with Noah

Ellen Zoe Golden - May 25, 2018

Part III in a series on adaptive surfing in Costa Rica. Read Part I, about the country's association for disabled…

It’s frog orgy season
Environment and Wildlife
1195 views
Environment and Wildlife
1195 views

It’s frog orgy season

Lindsay Fendt - May 25, 2018

The rainy season is upon us. For many of us that means hiding indoors for the next few months, but for Costa…

Costa Rica’s guilty voters
No Sugar Please
161 views
No Sugar Please
161 views

Costa Rica’s guilty voters

Álvaro Murillo - May 25, 2018

By what I have done, and by what I have left undone. A relative of mine is 70 years old…