Costa Rica's Trade Deficit Continues to Grow

Goods imports in July are up while exports have stagnated.

Tuesday, August 24, 2010

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.



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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.

Salvadoran Trade Deficit Grows Larger in February

April 2010

The country’s trade deficit reached $578.4 million, $45.2 million more (7.8%) than the same month of 2009.

Exports grew 11% to $693.6 million, while exports increased 9.9%, reaching $1.27 billion.

“The Central Bank highlighted a 57.2% increase in traditional exports, which reached $94.1 million”, reported El Salvador.com.

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.

El Salvador's first-quarter trade gap grows 20.4 percent

April 2008

El Salvador registered a first-quarter trade deficit of US$1.254 million, a 20.4 percent increase on the same period of last year.

The central bank said that first-quarter exports totaled US$1.053 billion, up from US$1.041 billion in the 2007 period. Meanwhile, first-quarter imports came to US$2.307 billion, a 14.7% year-on-year increase.

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