Exports Decrease in the Costa Rican Duty-Free Zone

Since December 2008, exports of the businesses inside the duty-free zone have begun to decrease.

Thursday, February 26, 2009

Hassel Fallas writes in Nacion.com: "The duty-free zones exported 2% less ($84 million), according to the yearly variation from December of 2008 and they decreased 4% between January 2008 and January 2009. In the last 12 months that ended last month, the country stopped receiving $184 million related to the accumulated total."

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Costa Rica Exporting Less In 2013 Than in 2012

August 2013

During the first seven months of 2013, Costa Rican exports fell by 1.1% compared with the same period in 2012.

From a press release by the Ministry of Foreign Trade:

During the past 12 months ending in July, exports of goods maintained a growth rate of 1.7% compared to the 12 months prior to them, even though total January exports to July 2013 fell by 1.1% compared with the same period in 2012, reaching $6.693 billion.

Manufacturing Exports Down by 18% in Costa Rica

April 2009

Manufacturing industry exports in the first quarter were down from $1.543 billion in 2008 to $1.260 billion in 2009.

Exports from this sector (microprocessors, textiles and medical devices) represent 61% of the country's total exports.

Journalist Hassel Fallas wrote in Nacion.com: "The reduction in manufactured goods exports is greater than the decline in agriculture (8%) and food (14%).

Exports Fall 19% in Costa Rica in January

February 2009

In January of this year, export sales amounted to $600 million, a figure lower than the $735 million of the previous year.

Mi Punto publishes in its website: "´The decline in exports is related to the financial crisis in the world, the lack of access to credit in the exporting sector and climate factors that ruined crops,´ added the Comex.

Trade between Guatemala and China is reduced

October 2008

Guatemalan purchases in China fell -24.9%, meanwhile sales decreased -54.9%, when comparing August 2007 to that of 2008.

The international financial crisis has already begun to affect the country's economy. Data from the Bank of Guatemala (Banguat) show that imports as well as exports have fallen in the first 8 months of this year.

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