Falling short of the the amount achieved in 2015, $42 million worth of deals were negotiated in purchase intentions of products such as honey, fresh fruits, processed foods, seafood, vegetables and meat.
Although the goal of the union of Nicaraguan exporters was more than $48 million traded in the 2015 edition of the trade fair, they did manage to achieve $42 million in two days of activity, which was attended by 64 international buyers from the United States, Canada, Guatemala, El Salvador, Honduras, Costa Rica, Panama, Ecuador, Brazil, Spain and Puerto Rico.
Between January and August this year, 43,976 new vehicles were registered in the country, almost 8% more than in the same period in 2015.
Of the total number of vehicles registered during the first eight months of the year, 41% were regular cars, 29% were SUVs, and 15% Pick ups, according to figures from the Office of the Comptroller General of Colombia.
The union of exporters claims that business opportunities are being lost due to the slow pace of processing and issue of permits and certificates for export.
Juan Bulnes, president of the Panamanian Association of Exporters (APEX), told Prensa.com that"...'For exporters, the National Customs Authority (ANA) and the Ministry of Health (MoH) are a thorn in their side'."
Approval has been given to exemption of import tax for a first contingent of egg cartons.
With this duty free import a solution is underway to the problem of local shortages caused by a fire in the only factory producing such packaging in the country.Panamaamerica.com.pa reports that "...Moldeados Panameños, S.A. estimated they will be able to restore operations in about 10 months. "
The new site will operate in Seoul on the same premises currently occupied by the Embassy of Costa Rica in China.
From a statement issued by PROCOMER:
Seoul, Korea, October 13, 2016.With an eye to opening up new business opportunities for domestic exporters, the Foreign Trade Promotion Office of Costa Rica (PROCOMER) inaugurated on Thursday a new office in the capital city of Korea, Seoul.With this new sales representation in addition to the existing ones, there are 41 offices around the world which continue to support the efforts of Costa Rican internationalization.
A meeting has been organized, for the first months of 2017, between Israeli and Costa Rican businessmen to explore business opportunities.
From a statement issued by the Chamber of Foreign Trade of Costa Rica (Crecex):
The Chamber of Foreign Trade of Costa Rica, (CRECEX) and the Embassy of Israel have organized a meeting between Israeli and Costa Rican businessmen in order to affect an increase in trade between the two countries.
A virtual seminar on logistics practices for export to the United States has been organized for October 25th.
The free webinar organized by the Secretariat of Economic Integration (SIECA) aims to provide training via the internet for professionals, students and people in general in the region interested in learning about the requirements and opportunities available for SMEs to import and export to the American market.
Because of incidences of rust, coffee production in the 2015-2016 harvest was only 3.9 million hundredweight, equivalent to $700 million in foreign exchange.
The presence of rust in more than half of coffee plantations, lack of funding to renovate plantations and low international grain prices resulted in a reduction in production and in export values, for the second consecutive cycle.
Although clothing and car wiring harnesses continue to lead, the number of types of goods exported under the free zone regime has gone from ten in 2008 to 20 today.
Production and export of clothing and wiring harnesses are still the main goods produced and exported under free trade zone conditions, but now others have been added such as as cigars, edible oil, fruits, leather shoes, paper, cardboard, and manufactured leather covers for furniture.
Between January and June 2016 almost 39,000 new motorcycles were registered in the country, which is 9% more than in the same period in 2015.
<span dir="ltr">China is still the market from which the most motorcycles imported into the country arrive.In the first half of the year the number of these vehicles registered in the country rose by an average of 215 per day, outpacing growth in the same period in 2015.