Costa Rica: Non-traditional exports have kept up exports

90% of Costa Rican exports during the last 12 months were for non-traditional products.

Tuesday, October 28, 2008

While the total export of goods to foreign markets grew only 5.5%, the export of non-traditional goods - such as services - increased by 20.5%, according to data for national sales to the exterior from September 2007 to 2008.
"It is very important for the country to maintain support for the productive sector, especially small and medium sized companies; they are a fundamental part of the export sector that is called to keep the country out of the international crisis," said Marco Vinicio Ruiz, Minister of Foreign Trade.



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Increase in Costa Rican Export of Services

April 2009

Even though an 8% decrease in tourism is estimated, it would be offset by the digital advertising, financial support and software sectors.

Data generated by CINDE, the Costa Rican Promoter of Foreign Trade (PROCOMER) and the Central Bank of Costa Rica (BCCR) are predicting an 8% decline in tourism earnings, while other exporters of services, both local and foreign, will grow by 13% when compared to 2008.

$412.3 million exported by the services sector in El Salvador

November 2008

Services sales equal that of maquilas and represent three fourths of the non-traditional exports.

The diagnostic on the capacity for the export of services done by the agency in 2008, indicates that based on the close out of the balance of payments by the Central Bank (BCR) 2007, exports for this item were at $1.5 billion.

Costa Rica: Strength in Business Services

October 2013

Services exports have grow by 7.7%; during the first six months of 2013 they totaled $2.9327 billion.

From a press release from the Ministry of Foreign Trade (Comex):

The successful attraction of foreign direct investment (FDI) has consolidated the participation of Costa Rican exports services.

80 Business Deals Closed in Costa Rica Services Summit

June 2009

The first edition of the service export event brought together around 500 businesspeople from 23 countries around the world.

According to estimates by the Foreign Trade Promoter (PROCOMER), there were 40 strategic alliances in the sector of information and communication technology, 9 in architecture and construction, 13 for audiovisual and 10 for medical tourism during the two days of the meeting.

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