Costa Rica: Foreign Trade Figures - I Semester 2017

Between July 2016 and June 2017, exports of precision and medical equipment, rubber, agricultural products, and metallurgical products increased by 15%, 8%, 7% and 23%, respectively, compared to the previous 12 months.

Thursday, July 27, 2017

The sectors that showed the most notable growth in exports (July 2016 - June 2017 vs. July 2015 - June 2016) were precision and medical equipment, with an increase of US $347 million (+ 14.7%); the agricultural sector, which has continued to improve its performance after unfavorable climatic events in previous periods and showed an increase of US $193 million (+ 7.6%); metalmechanics, which recorded increased  sales, of US $72 million (+ 23.1%); the food industry, which sold US $41 million more (+ 4.4%); the electric and electronic sector, which increased by US $34 million (+ 6.4%); rubber which increased by US $19 million (+ 8.5%); and chemical-pharmaceuticals which sold US $15 million more (+ 2.4%).

From the Conclusions section of Procomer's report "Quarterly Analysis on the evolution of exports up to the second quarter of 2017"

Exports of goods accumulated in the 12 months between July 2016 and June 2017 amounted to US $10,313 million, which was US $763 million (+ 8.0%) higher than the amount registered between July 2015 and June of 2016, surpassing by US $1,257 million (+ 13.9%) the average of the last four inter-annual periods (July-June). 

Read full report (in spanish).

More on this topic

More Trade between Colombia and Nicaragua

February 2018

Growth of more than 300% has been reported in Colombian exports to Nicaragua between 2016 and 2017, mainly explained by the sales of oil and its derivatives.

Data from ProColombia provided by the Colombian Embassy details that exports from the mining sector led the growth of 362% reported in exports between 2016 and 2017. Exports from other sectors, such as agri-food, metal-mechanics and chemicals also registered double-digit increases. 

Costa Rica: Exports Up 8%

January 2018

The 8% increase in November 2017 was mainly explained by food and precision equipment and medical exports, which grew by 7% and 12%, respectively.

Procomer figures indicate that manufacturing exports grew by 11% and agricultural exports by 4%, while those in the metalworking sector increased by 33% compared to November 2016.

Costa Rica: Improving Export Figures

September 2017

Exports accumulated between January and August of this year grew by 9% compared to the same period in 2016, going from $6.618 million to $7.19 billion.

Procomer statistics indicate that the accumulated amount of $7.19 billion is the highest in the last five years. Exports made by companies operating under the free zone regime increased by 13%, while those outside of the special regime increased by 4%.

Central American Foreign Trade in January 2013

May 2013

Exports from the region registered a FOB value of U.S. $2.478 billion, an increase of 5.7% compared to the $2.344 billion exported during the same month last year.

The categories of products that contributed to the performance of exports, classified by Chapter of the Central American Tariff System - SAC - which accounted for 59.9% (U.S. $1484.6 billion) of total exports, were:

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