Costa Rica: Commercial deficit increased 60%

2008 ended with a trade deficit of $5.8 billion, according to figures published by the Central Bank of Costa Rica.

Wednesday, January 21, 2009

Elfinanciero.com reports: "The figures released this morning by the Bank show growth rate has slowed in the last few months; as of October the figure was 80% higher than for the the previous 12 months.

The country sold merchandise abroad for $9.6 billion last year, an increase of 2.5% compared to the year before."

More on this topic

Costa Rica: Current account deficit doubles

September 2008

The gap between the accumulated import and export of goods and services for the last four quarters that ended in June 2008 doubled in comparison to the same period from the year before.

The gap for the last four quarters ended June 2008 was $2.56 billion, double the accumulated total for the last four quarters ended June 2007.

Growing Trade Deficit in Costa Rica

October 2010

Trade deficit grew during the last twelve months to $ 3.95 billion in September.

From September 2009 to September 2010 exports totaled $ 9.3 billion and imports were $ 13.2 billion.

Newspaper La Nacion reported, "The deficit is now 31% higher than it was in the past 12 months ending September, 2009 (between October 2008 and September 2009)."

Costa Rica's Trade Deficit Continues to Grow

August 2010

Goods imports in July are up while exports have stagnated.

According to the Costa Rican Central Bank (BCCR), "the year-on-year change to July 2010 indicates that imports grew by 24%". Meanwhile sales abroad reduced relative to May.

Elfinancierocr.com reports that in July just past cumulative exports for the previous year totaled $752, $24 million more than as at July 2009.

El Salvador's first-quarter trade gap grows 20.4 percent

April 2008

El Salvador registered a first-quarter trade deficit of US$1.254 million, a 20.4 percent increase on the same period of last year.

The central bank said that first-quarter exports totaled US$1.053 billion, up from US$1.041 billion in the 2007 period. Meanwhile, first-quarter imports came to US$2.307 billion, a 14.7% year-on-year increase.

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