Exports Reach 2006 Totals in First 10 Months
MANAGUA – Exports for the first 10 months of this year totaled $1.05 billion, almost equaling the 2006 total of $1.06 billion, according to the Export Processing Center (CETREX).
Exports this year were originally calculated to reach $1.1 billion – the highest in three decades – but the number might be even higher, given this year’s 17.3% increase so far.
According to CETREX, coffee continues to be the leading export product, registering $163.9 million during the first 10 months of the year, down from $186 million during the same period last year. The second leading export is beef, which at $151.2 million is up $31 million from last year.
The increase in exports is being attributed to the Central American Free-Trade Agreement with the United States (CAFTA), which entered into force here April 1, 2006.
You may be interested
A pilgrimage for a saint: El Salvador mournsAFP - March 25, 2019
Hundreds of Salvadorans paid tribute this weekend to their first saint, San Salvador Archbishop Oscar Arnulfo Romero, murdered 39 years…
The Tico Times Weekly Digest: March 25, 2019Alexander Villegas - March 25, 2019
An indigenous land rights leader was murdered in his home, four cases of measles detected in Costa Rica and La…
Costa Rica Treatment Center tackles addiction differentlyThe Tico Times - March 25, 2019
Costa Rica Treatment Center tackles addiction differently. While most drug and alcohol rehab centers shelter their clients from external stimuli,…