Manufacturing Exports Down by 18% in Costa Rica

Manufacturing industry exports in the first quarter were down from $1.543 billion in 2008 to $1.260 billion in 2009.

Thursday, April 23, 2009

Exports from this sector (microprocessors, textiles and medical devices) represent 61% of the country's total exports.

Journalist Hassel Fallas wrote in Nacion.com: "The reduction in manufactured goods exports is greater than the decline in agriculture (8%) and food (14%). Agricultural exports in the first quarter amounted to $539 million against $588 million for the same period last year."



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More on this topic

More Investment From Kimberly Clark in Costa Rica  

January 2014

The multinational has announced investments of $31 million to expand its plant in Cartago and open a new service center in Heredia.

From a press release by the Ministry of Foreign Trade:

With an investment of $31 million, the company Kimberly-Clark (KC) will strengthen its manufacturing operations and services in Costa Rica.

Costa Rica: Disinvestment in Manufacturing

July 2014

Businessmen in Costa Rica attribute the outflow of $31 million in the first quarter of the year to the close down of operations of businesses in the sector who have decided to move to neighboring countries.

The outflow of capital from the manufacturing industry during the first three months of this year is $7 million more than left the country in the same period in 2009, during the economic crisis in the United States, according to detailed figures from the Central Bank of Costa Rica.

Guatemala's manufacturing exports grow

July 2008

Foreign sales of manufactured products during the first four months of this year grew by 22 percent compared with the same period last year.

Max Staebler, president of the Manufacturing Commission, said that in the first four months of 2008 the main products exported were plastics, shoes, refrigerators, and handicrafts.

Guatemala: Manufacturing Exports up 14%

May 2015

In the first quarter exports of manufacturing goods abroad totaled $1.076 billion, 14% more than in the same period in 2014.

Exports of food and beverages grew by 12.7%, while the category of "miscellaneous products" increased its foreign sales by 18%, according to figures from the Guatemalan Association of Exporters (AGEXPORT).

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