Costa Rica: Daily Losses of $ 6.5 million

Temporary closing of highways to port of Caldera and Inter-American Highway to the north are negatively impacting on commerce and trade with the region.

Friday, October 1, 2010

Betsabe Alvarez, of the Chamber of Exporters of Costa Rica (Cadexco), said to that the sectors most affected by the closing of the highways are agricultural and dairy products. She added “Exporters are canceling orders as well as sending trucks and containers. They are also in talks with their customers."

The industrial sector has also felt the effects.

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Costa Rica: Candidate Proposes More Trade with Central America

February 2014

The presidential candidate Luis Guillermo Solis announced he will strengthen intraregional trade if he wins on April 6th.

In a meeting with representatives from the Costa Rican Chamber of Food Industry (Cacia), Luis Guillermo Solís, presidential candidate of the Citizen Action Party, said that a new government would strengthen trade with Central America and the Caribbean.

Intra Regional Trade Down 22%

October 2009

$900 million have been traded within Central America in the first half of this year, $261 million less than the same period of 2008.

The most affected sectors are construction, raw materials (chemical products), and industry (glass, plastics and metals), reported Luis Godoy, director of Agexport, the Guatemalan exporters association.

Inter Regional Trade Down 17%

July 2009

Trade between Central American countries decreased 17% in the first third of 2009, when compared to the same period of 2008.

According to data from the Central American Economic Integration Secretary, exports between the countries of the region reached $1.74 billion, $356 million less than the first third of 2008 ($2.1 billion).

Trade growing within the Central American region

June 2008

By improving the movement of merchandise within Central America, the region will facilitate negotiations for a trade association agreement with the European Union.

Costa Rica's exports to its neighbors grew sharply in the first five months of the year. Sales to Panama rose by 37 percent, followed by Nicaragua with 20 percent and El Salvador with 18 percent.

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