Costa Rica: Trade Deficit Diminishes in January

Reflecting the greater decline of imports compared to exports, the trade deficit of Costa Rica showed an annual contraction of 53% in January.

Tuesday, February 24, 2009

In the report, "Today in the Market," the Department of Investment Analysis and Strategy at Aldesa indicated:

"According to the figures from the Central Bank of Costa Rica (BCCR), in January, imports showed an annual contraction of 33%, while exports fell 17%. The aforementioned caused a decrease of 53% in the trade deficit, totaling a balance of $265 million.



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Salvadoran Trade Deficit Still Rising

December 2011

Up to the month of October the trade deficit was $3.958,2 million, $728,8 million more than in the same period in 2010.

According to information from the Central Reserve Bank, imports amounted to $8.452,6 million against $4.494,4 million worth of exports.

Elsalvador.com reports, "The data also shows that exports of traditional products totaled $534,7 million, which is equivalent to 88,8% more in relation to the same period in 2010.

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.

Honduras: Trade deficit grew 41%

November 2008

Honduras has a deficit of US$4.6 billion according to a report issued by authorities.

The Central Bank of Honduras said that the figure shows a deterioration of the foreign position of the country regarding trade.

Coffee, banana, and African palm oil where the products that contributed the most to Honduran exports between January and September this year.

Costa Rica's May trade deficit is record US$601 million

June 2008

Costa Rica's trade deficit in May was a record $601 million. Exports were US$889 million against imports of US$1.5 billion.

The deficit reflected rising prices of raw materials and the slowdown in the US economy. But imports of consumer and capital goods were up too, along with construction materials. Despite higher prices, rising demand led to an increase in oil imports.

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