Opportunities in the Arab country have been announced for chutneys, organic coffee, pastries, organic tuna, dried fruits, plants, flowers and foliage.
Friday, March 4, 2016
The Foreign Trade Promotion Office (PROCOMER) has opened a trade promotion office in Qatar. Alvaro Stone, director of Exports at the office, informed Nacion.com that an official has been based in the premises of the Embassy of Costa Rica in that country since late last year.
The Chamber of Exporters of Costa Rica (Cadexco) showed evidence that markets such as the European Union have now reached their full capacity, reflecting a need to target other markets such as those in the Middle East.
Given the low volume exported to markets such as Saudi Arabia, the UAE, Qatar, Bahrain, Oman and Yemen, according to PROCOMER there is potential for foods such as chutneys, organic coffee, pastries, organic tuna and dried pineapple, as well as plants, flowers and foliage.
According to studies by the Trade Promotion Office on the Qatari market, the country has established itself as a dynamic consumer market with a growing demand for goods and ostentatious services. Qatar, like the five other wealthy Gulf states imports up to 90% of the food it consumes due to the infertility of its land. Total consumer spending rose by 49% in real terms between 2008 and 2013, and it is expected that between 2014 and 2030 income per household will have an average annual growth of 4.8%.
As part of the Buyers Trade Mission, from 25 to 27 September, 500 Costa Rican exporters will be meeting with 300 entrepreneurs from 50 countries.
The Foreign Trade Promotion Office (Procomer), the institution in charge of organizing the event, reported that this year it foresees holding 5,300 business appointments at the event, which will take place at the Costa Rica Convention Center, in Barreal de Heredia.
The Foreign Trade Corporation of Costa Rica has officially opened its trade promotion office in Doha, in order to expand opportunities for domestic exporters.
From a statement issued by the Foreign Trade Promotion Office of Costa Rica (PROCOMER):
Monday 9 May, the Foreign Trade Promotion Office of Costa Rica (PROCOMER) has officially opened its first trade promotion office in Doha, Qatar.