Exports Grew 4.2% During First Quarter

October 21, 2005

LED by a surge in sales of agriculturalproducts, Costa Rican exports grew 4.2%during the first quarter of this year comparedto the same period the year before,according to the Central Bank.Export revenues during the first quarterincreased by $64.9 million, totaling $1.59billion. Exports during the same periodthe previous year generated $1.53 billion.Approximately $41.7 million of theadditional $64.9 million that were exportedwere generated by agricultural exports.Exports of the country’s three mainagricultural exports — bananas, coffeeand pineapples – increased by $10.8 million,$9.7 million and $7.6 million,respectively.ORNAMENTAL plant, melon andfoliage exports also grew, according to theForeign Trade Promotion Office (PROCOMER).In industry, medical infusion equipmentexports increased 27%, totaling $118.2million. High frequency amplifier exportsincreased 270%, totaling $22 million.Exports of some products dropped. Thiswas the case of computer microprocessors,which reported a $76.3 million(21%) drop. Exports of textiles, palm oiland parts for machines and electronicdevices also decreased.The United States, the Netherlandsand Guatemala were the top destinationsfor Costa Rican exports during the firstquarter.Exports to Germany grew by $16 million(36%) compared to the previous year.

Facebook Comments

You may be interested

The Tico Times Weekly Digest: Oct. 15, 2018
Tico Times Weekly Digest
935 views
Tico Times Weekly Digest
935 views

The Tico Times Weekly Digest: Oct. 15, 2018

The Tico Times - October 15, 2018

In this week's episode of the Weekly Digest, a wrap-up of last week's heavy rains, plus more news from around…

Guatemala Fuego eruption is over: officials
Guatemala
939 views
Guatemala
939 views

Guatemala Fuego eruption is over: officials

AFP - October 15, 2018

The most recent eruption of Guatemala's Fuego volcano ended Saturday, an official source said, with locals escaping a repeat of June's…

October in Costa Rica: when the Caribbean comes a’callin’
Pic of the Day
1463 views
Pic of the Day
1463 views

October in Costa Rica: when the Caribbean comes a’callin’

The Tico Times - October 15, 2018

Costa Rica's Caribbean coast is famously exempt from many of the typical weather patterns in the rest of the country.…