Russia Targeted by Costa Rican Exporters

Whole-bean coffee, melon, banana and ornamental plants producers are betting for the high level of consumption of the Russian market.

Monday, July 20, 2009

Last year, banana producer Bonanza S.A., of Russian capital, exported an average of 75 containers per week, making banana the most exported product to Russia.

"Whole-bean coffee producers have made small shipments, to test the Russian consumer, and analyze the possibility of consolidating exports", published El Financiero's website. "Melon producers are also testing Russia as a niche".

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The Market is Open, But Deals Arent Being Closed

July 2013

For a year Costa Rica has had free rein to export to the U.S. ornamental plants measuring over 46 inches, a benefit that producers have failed to take advantage of.

"We lack the capacity to meet quotas. There is no support from banks for investment plans and also the Foreign Trade Promoter is ... inefficient and is not channelling business, nor does it know about the market," said Carlos Quesada, manager of Grupo Siempre Verde.

U.S. Main Destination for Costa Rican Bananas

May 2012

Almost 50% of banana exports in 2011, $350.9 million worth, went to the U.S.

At the end of 2011 the country had exported a total of $749.7 million, 6% higher than the $706.1 in 2010.

The main destinations for Costa Rican banana exports were the USA with 47% of total exports, followed by Britain with 13%.

New Market for Costa Rican Bananas in Russia

July 2010

In the first six months of this year Bonanza Fruit, the only company exporting bananas to Russia, has doubled its exports.

The company, backed by Russian capital, sent 400 container loads to Russia in the first six months of 2009 while in the same period of this year it sent 950 containers, each with capacity for 1,080 20.4kg boxes.

Region's melon producers to hold congress in Managua

May 2008

Melon producers from Mexico, Central America and the Caribbean will gather in Managua August 12 to 14 to discuss production and trade in the fruit.

More than 300 representatives of producing nations are expected at the event, said Karlyn Stubbert, marketing manager for Nicaragua's Producers and Exporters Association.

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