Growing Trade Deficit in Costa Rica

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

Friday, October 22, 2010

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)."



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Costa Rica's Trade Deficit Increases

April 2011

A deficit of $1.398 billion was accumulated in the first quarter, an increase of 82.8% over the same period in 2010 and 29% of the total trade deficit expected for 2011.

According to a report by Aldesa, imports for the quarter were $3.853 million, and exports totaled $ 2.454 million, growing by 21.6% and 2.1% respectively over the same period in 2010.

Honduran Trade Deficit Grows

March 2011

The trade deficit of $ 4.384 million in 2010, was 15% higher than 2009.

In 2010, exports totaled $ 2.749 million, while imports reached $ 7.133 million.

According to a Central Bank report, "At the end of 2010 the trade deficit was $ 4.384.2 million, $ 577.2 million higher than December 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.

Salvadoran Trade Deficit Grows Larger in February

April 2010

The country’s trade deficit reached $578.4 million, $45.2 million more (7.8%) than the same month of 2009.

Exports grew 11% to $693.6 million, while exports increased 9.9%, reaching $1.27 billion.

“The Central Bank highlighted a 57.2% increase in traditional exports, which reached $94.1 million”, reported El Salvador.com.

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