Exports Fall 19% in Costa Rica in January

In January of this year, export sales amounted to $600 million, a figure lower than the $735 million of the previous year.

Monday, February 23, 2009

Mi Punto publishes in its website: "´The decline in exports is related to the financial crisis in the world, the lack of access to credit in the exporting sector and climate factors that ruined crops,´ added the Comex.

Sales to the United States, the main trading partner of Costa Rica, went from $268 million in January, 2008 to $220 million last month."

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Costa Rica Exporting Less In 2013 Than in 2012

August 2013

During the first seven months of 2013, Costa Rican exports fell by 1.1% compared with the same period in 2012.

From a press release by the Ministry of Foreign Trade:

During the past 12 months ending in July, exports of goods maintained a growth rate of 1.7% compared to the 12 months prior to them, even though total January exports to July 2013 fell by 1.1% compared with the same period in 2012, reaching $6.693 billion.

Costa Rican Exports Drop 13%

August 2009

$5 billion were exported from January to July, 13.3% less than the same period of 2008.

Even though exports keep falling, there are positive signs as the reduction has been less steep than in June, when it was 14.2%.

"Regarding destinations, our most favorable market was the European Union, because of positive increases in some countries like the Netherlands (17%), Switzerland and France.

Guatemala: Central American Exports Down 10%

July 2009

$100 million less were exported to Central America in the first five months of the year.

According to data from the Banco de Guatemala (Banguat), the drop was of 12% in exports to El Salvador, 9% for Honduras, 7.7% for Costa Rica and 11.6% for Nicaragua.

Elperiodico.com.gt publishes: "The products that recorded the bigger losses were apparel, with a sales reduction of $149 million (-27.3%); oil exports were $78.8 million less (-57.5%); coffee exports dropped $55.6 million (-14.8%); and natural leather exports recorded $32.1 million less (-43.4%)".

Trade between Guatemala and China is reduced

October 2008

Guatemalan purchases in China fell -24.9%, meanwhile sales decreased -54.9%, when comparing August 2007 to that of 2008.

The international financial crisis has already begun to affect the country's economy. Data from the Bank of Guatemala (Banguat) show that imports as well as exports have fallen in the first 8 months of this year.

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