According to journalist Edgar Delgado in an article in elfinancierocr.com, "The lower growth in foreign sales by our country (Costa Rica) was directly related to the international economic recession. The country imported $1.684 billion, 33% less than the amount between the first two months of 2008. The fall in imports, meanwhile, is a reflection of the contraction in domestic demand."

Source: elfinancierocr.com

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Trade Deficit In Costa Rica Grows by 49%

September 2011

In the first eight months of the year a trade deficit of $3,724 million has been accumulated, which is 49% higher than in the same period in 2010.

According to data published by the Central Bank of Costa Rica, from January to August, exports totaled $6,783 million compared to $10,507 million in imports.

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.

Growing Trade Deficit in Costa Rica

October 2010

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

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)."

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.