Cuban Market Unattractive for Costa Rican Companies

Despite the efforts of Costa Rican exports promotion agency PROCOMER, sales to Cuba see little to no growth.

Monday, June 28, 2010

In the first four months of 2010, the country sold $3.1 million to Cuba, down from $4.5 million in the same period of 2009.

“This implies that bilateral trade between the countries has not been benefited by the reopening of diplomatic relations on March 18, 2009”, reported

Francisco Gamboa, Procomer representative, highlighted the potential of the Cuban market, with its 12 million consumers. He acknowledged, however, that the island experiences some economic issues which complicate payments.

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Nicaragua Seeks More Trade with Cuba

May 2013

Footwear, textiles, dairy and meat are some of the goods that have potential to be exported to the Caribbean island.

According to Alfredo Lacayo CEO of Centrolac and the person who led a trade mission of the Chamber of Industries of Nicaragua (Cadin) which traveled to Cuba on May 13, in the case of the dairy industry, the next step is to apply to the Ministry of Health of Cuba to send staff to inspect the Nicaraguan plants in order to certify them for export to that market.

Costa Rican Companies Visit Cuba

October 2009

Eleven companies from different sectors will visit Cuba on the first week of November.

5 of these companies will participate in La Habana International Fair (Fihnav), from November 2 to 7. These are Corporación Pipasa, Plásticos Puente, Leogar, CVG Alunasa and Maluquer.

Costa Rica could Compete with Coffee in China

July 2009

As part of the FTA negotiations with China, Costa Rica's trade promotion agency, PROCOMER, revealed a study on the Asian country's coffee market.

Coffee demand has grown in the last years, from 5.797 tons in 2002 to 10.197 in 2007. Procomer's study points out that consumption is concentrated on major cities, and among higher income population.

Cuba Interested in Honduran Livestock

February 2009

Cuban buyers, through the embassy, have requested to explore cattle purchasing possibilities in Honduras. publishes: "The Government reported yesterday that they have already initiated contacts with the Cuban government regarding the export of cattle as Honduran producers have requested aid in finding new markets because the local price has been lowered due to competitive offers."

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