Costa Rica export figures down by 3 percent in first five months of 2013

June 20, 2013

Export figures from January-May this year were almost $200 million less than those registered in the same period of 2012, representing a decrease of 3.1 percent.

The figure appeared in the latest monthly report of Costa Rica’s Foreign Trade Promotion Office (PROCOMER).

The decline in exports mostly affected medical supplies and prosthetics, electronics, coffee, palm oil and textiles.

According to the PROCOMER report, causes include the adjustment of production figures for local businesses, a decrease in international prices and slow recovery of the U.S. economy and the economies of other export destinations for Costa Rica’s products.

Foreign Trade Minister Anabel González said officials are closely following the problems with these products, but they remained hopeful for a recovery by the end of the year.

González added that the opening of new markets such as Sweden, Ireland, Turkey and India should boost export figures in the coming months.

Between January and May, only livestock, fisheries and food industry sectors showed positive export figures.

You may be interested

Victorious Champions coach celebrates Costa Rica-style: ‘This is pura vida’
Keylor Navas
108 views
Keylor Navas
108 views

Victorious Champions coach celebrates Costa Rica-style: ‘This is pura vida’

Katherine Stanley - May 27, 2018

Costa Rican superstar goalie Keylor Navas has made his mark on the field for Real Madrid, but also on the…

5 questions for Costa Rican artist Rossella Matamoros
Weekend Arts Spotlight
95 views
Weekend Arts Spotlight
95 views

5 questions for Costa Rican artist Rossella Matamoros

Elizabeth Lang - May 27, 2018

Using art in all its possible expressions has motivated Rossella Matamoros for more than two decades. At home in Costa Rica…

Costa Rica’s Keylor Navas, Real Madrid nab third consecutive Champions title
Keylor Navas
186 views
Keylor Navas
186 views

Costa Rica’s Keylor Navas, Real Madrid nab third consecutive Champions title

Katherine Stanley - May 26, 2018

Costa Rica's star goalie, Keylor Navas, continued his historic march through world football as his club team, Real Madrid, won…