Banana Exports Rebound in Costa Rica
Although not yet reaching the numbers of 2008, exports in 2010 will exceed 20% of those in 2009 and are expected to continue to improve in 2011.
Tuesday, December 14, 2010
Weather affected production of bananas in 2009, when only 87 million boxes were sold overseas. In 2010 exports will reach 100 million boxes, valued at nearly $ 700 million.
The banana industry expects to end the year with a total of 103 million boxes exported, tying production levels with those of 2008.
The Fourth International Banana Conference is a platform for discussing the challenges of commercializing and modernizing production of the "golden fruit" in Costa Rica.
Costa Rican banana growers estimate that this harvest will yield 107 million 18-kg boxes.
More global competition and less demand from Europe partly explain the stagnation of exports in the last three years.
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