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 Nacion.com.

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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