Manufacturing Exports Down by 18% in Costa Rica

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

Thursday, April 23, 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%). Agricultural exports in the first quarter amounted to $539 million against $588 million for the same period last year."



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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.

Central American Foreign Trade January-March 2013

July 2013

Exports totaled $7.676 billion in the first quarter of 2013, a decrease of 3.3% compared to exports in the same period last year.

From the executive summary of the report entitled "Central American Foreign Trade Bulletin January-March 2013" by SIECA:

Exports from the region reached an FOB value of U.S.

Slowdown in Guatemala's Exports

May 2013

The cause is a contraction in consumption in major markets for Guatemalan exports, mainly sugar, coffee and rubber.

This is mainly due to international market stagnation and decline in prices of commodities such as sugar and coffee. "Among these markets is the U.S., the country's main trading partner.

Babyliss-Conair Closes Operations in Costa Rica

October 2010

The company announced for early next year the closing of its manufacturing plant in the country.

Francisco López Trigo, general manager of the company, told El Financiero that the process, which begun in 2004, has evolved gradually. In the month of December, 100 jobs will be cut from the current 400.Between February and March 2011 the final closing will take place.

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